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Tech Mahindra tweaks terms to acquire Cerium Systems, Zen3 Infosolutions

TMT

13 April, 2020

Tech Mahindra tweaks terms to acquire Cerium Systems, Zen3 Infosolutions

Tech Mahindra Ltd, the information technology arm of the multinational Mahindra Group, has changed some of the terms of its ......

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

General

22 November, 2019

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

Global private equity majors as well as Advent and Temasek-backed Crompton Greaves Consumer are in the race for Eureka Forbes, ......

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Actis hikes stake in Indian residential real estate joint venture

Infrastructure

27 September, 2019

Actis hikes stake in Indian residential real estate joint venture

Private equity firm Actis has increased its stake in a residential real estate joint venture with a Mumbai-based developer by ......

Grapevine: Amazon may buy into Reliance Retail; investors circle Apollo Hospital

General

01 August, 2019

Grapevine: Amazon may buy into Reliance Retail; investors circle Apollo Hospital

Amazon is in exploratory talks with Reliance Retail to acquire up to 26% stake, two persons in the know told ......

Mahindra Partners invests in eye-care chain Centre for Sight

Healthcare

15 May, 2019

Mahindra Partners invests in eye-care chain Centre for Sight

Single-speciality healthcare chain Centre for Sight has struck a deal with a new investor, marking a second major private equity ......

Kedaara-backed Mahindra CIE to acquire Aurangabad Electricals for $125 mn

Manufacturing

12 March, 2019

Kedaara-backed Mahindra CIE to acquire Aurangabad Electricals for $125 mn

Mahindra CIE Automotive Ltd, which counts homegrown private equity firm Kedaara Capital as a minority shareholder, announced on Tuesday that ......

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PE firm Mahindra Partners seeks to bet on healthcare chain

Healthcare

29 January, 2019

PE firm Mahindra Partners seeks to bet on healthcare chain

Mahindra Partners, the private equity arm of the diversified Mahindra Group, is looking to invest in a single-speciality healthcare services ......

VC-backed truck rental startup Porter to merge with Mahindra's SmartShift

TMT

23 February, 2018

VC-backed truck rental startup Porter to merge with Mahindra's SmartShift

Mahindra and Mahindra will merge its on-demand logistics platform connecting cargo owners and transporters, SmartShift, with truck rental startup Porter, ......

Logistics firm Xpressbees raises $35 mn from Alibaba

TMT

30 January, 2018

Logistics firm Xpressbees raises $35 mn from Alibaba

Logistics firm Xpressbees has raised Rs 225 crore (around $35 million) in its Series D round of funding from Alibaba.com ......

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Auto-parts maker RSB prepares exit plan for private equity investors

Manufacturing

25 October, 2017

Auto-parts maker RSB prepares exit plan for private equity investors

Pune-based auto components maker RSB Transmissions India Ltd plans to raise funds to let its private equity backers exit and ......