insolvency
Infrastructure
Värde Partners draws up $1 bn India investment plan
US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......
Finance
'Bankrupt companies selling in parts better than sale to single bidder'
A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......
Infrastructure
Resurgent Power Ventures acquires stressed UP power asset under insolvency
Resurgent Power Ventures has completed the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL) ......
Finance
Edtech firm Lido Learning files for insolvency
Ronnie Screwvala’s Unilazer Ventures-backed Quality Tutorials Pvt. Ltd, which runs edtech platform Lido Learning, has ......
Consumer
Nandan Nilekani-funded ShopX files for bankruptcy
Bengaluru-based ShopX has decided to ‘wind down its operations’ and has filed an application for insolvency and ......
Finance
Varde, Arena among 3 in race for stressed Srei group firms
Arena Investors and Varde Partners are among the three resolution applicants shortlisted to buy out stressed Srei Group ......
Consumer
NCLT admits petition to initiate resolution against Future Retail
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate...
Finance
9Unicorns -backed Legalpay marks first exit from insolvency financing
Venture capital-backed litigation financing startup, Legalpay has made its first successful exit in less than a year of providing...
Finance
Naples Global, LegalPay float $5 mn fund for founders to settle board disputes
Florida-based hedge fund Naples Global has partnered with litigation financing platform LegalPay to launch a $5 million (around...
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise...
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