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Warburg Pincus backs Rivigo; Kishore Biyani seals another M&A deal

14 November, 2016

Private equity firm Warburg Pincus inked the largest funding deal in the week gone by as it put $75 million in the Series C round of Gurgaon-based logistics service provider Rivigo.

In another large private equity deal, Chennai-based non-banking financial company IFMR Capital raised $25 million from Eight Roads Ventures.

The M&A space recorded as many as 22 deals this past week, with the biggest being the acquisition of the business-to-business automation business of Crompton Greaves by Saudi Arabia’s Alfanar for $133 million.

Retail pioneer Kishore Biyani’s Future Group struck another takeover deal as it agreed to acquire the retail, agricultural and bakery business of Hyderabad-based Heritage Foods in an all-stock deal.

In another deal, Pune-based Bharat Forge is exiting Alstom Bharat Forge Power by selling its entire 49% stake in the company to GE Pacific for $35 million.

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Warburg Pincus set to buy majority stake in Future Capital for $105M

Warburg Pincus set to buy majority stake in Future Capital for $105M

Pooja Sarkar 5 years ago
Private equity major Warburg Pincus is all set to buy out Kishore Biyani...
Warburg Pincus acquiring majority stake in Future Capital

Warburg Pincus acquiring majority stake in Future Capital

Pooja Sarkar 5 years ago
Private equity fund Warburg Pincus is acquiring majority stake in Kishore Biyani...
Warburg Pincus invests $75 mn in logistics startup Rivigo

Warburg Pincus invests $75 mn in logistics startup Rivigo

Priya Prasad 12 months ago
Gurgaon-based logistics services provider TrucksFirst Services Pvt. Ltd, which...
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Warburg Pincus backs Rivigo; Kishore Biyani seals another M&A deal

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