Today’s M & A Deals_Nov 11, 2018

M & A Deals :

  • US stressed assets firm picks up stake in ARCIL as sovereign wealth fund exits
  • Rabo Equity to raise new fund, appoints new managing director
  • IL&FS to explore sale of two financial services assets
  • India’s retail inflation eases to 3.3% in Oct; industrial output up 4.5% in Sept
  • Sensex falls nearly 1% as oil marketing cos, financials drag
  • Everstone rejigging PE business; Ventureast trims size of sixth fund again
  • DBS Bank gets 60% revenue from digital customers: India MD Alfian Sharifuddin
  • Amazon’s India cloud business triples FY18 revenue, turns a profit
  • Alibaba sets new record with $30.7 bn in Singles Day sales

Today’s M & A Deals_Nov 06, 2018

M & A Deals :

  • Sula Vineyards may invest in brands outside India: CEO Rajeev Samant
  • US-based emerging markets investor raising fund to make India bets
  • PNB MetLife India Insurance gets SEBI nod to float IPO
  • Penna Cement files draft papers for $185 mn IPO
  • Altico Capital invests $90 mn in Renaissance group’s warehousing project
  • Amazon may buy into Future Retail; Kabir Misra’s fund eyes stake in Meesho, Acko
  • Flipkart sale, Oyo valuation gain help Soft Bank post higher Q2 profit

Today’s M & A Deals_Nov 03, 2018

M & A Deals :

  • How IFC spun $200 mn from financial services portfolio before market downturn
  • Yet-to-be-launched startup INDwealth leads VC funding this week
  • ITI group’s debut venture capital fund marks first close
  • PNB posts third straight quarterly loss on fraud-related provisions
  • Sensex, Nifty record biggest weekly gain in more than two years
  • Tiger Global eyes stakes in Fyle, Facilio; PE firm Lighthouse ups third fund’s target
  • Weak rupee, import duties resulting in flat India sales for Apple: CEO Cook

Today’s M & A Deals_Nov 02, 2018

M & A Deals :

  • Sistema Asia Fund partner steps down, likely to join India-focussed peer
  • Norwest Venture Partners leads Series D investment in Veritas Finance
  • Piramal exec to head True North’s new pharma platform
  • GIC’s initial pact to buy stake in Prestige’s rental arm crumbles
  • Sensex little changed as IT stocks offset gains
  • ICICI Bank deploys AI, data analytics to offer digital credit to younger customers
  • TCS buys London-based digital design company W12 Studios
  • Bike-sharing startup Mobycy gets angel funding
  • Alibaba Cloud ties up with ONGO Framework to sign up SMEs

Today’s M & A Deals_Nov 01, 2018

M & A Deals :

  • How much will IFC make from partial stake sale in Polycab India’s IPO?
  • NIIF to buy IDFC’s infra fund biz in maiden control deal
  • TPG Growth leads $42 mn investment round in Ess Kay Fincorp
  • PineBridge-backed engineering component maker Uniparts revives IPO plan
  • PE firm Centana Growth Partners backs financial research platform Sentieo
  • Govt says RBI autonomy ‘essential’ amid reports that governor Urjit Patel may resign
  • Twitter India FY18 profit drops 30% as revenue falls
  • Cars24’s India revenue up 58% in FY18, losses widen marginally
  • Indifi partners with money transfer firm Eko to expand SME lending biz

Today’s M & A Deals_Oct 31, 2018

M & A Deals :

 

  • TPG Growth’s Asia healthcare platform seals buyout in India
  • Goldman Sachs PE unit plans to buy cattle feed firms in India
  • Columbia Asia Hospitals sells Ahmedabad unit to Zydus Hospitals
  • Japan’s Incubate Fund, others invest in e-sports startup GamingMonk
  • Govt considers outright sale of IL&FS to resolve crisis: Report
  • Government to sell up to 9% stake in Coal India
  • Will the $34-bn Red Hat buyout boost IBM’s cloud business?
  • Faasos’ cloud kitchen pivot starts to pay off as revenues rise 67% in FY18
  • E-sports startup GamingMonk gets fresh funding
  • CII ties up with WhatsApp Business app to train SMEs in customer outreach

Today’s M & A Deals_Oct 26, 2018

M & A Deals :

 

  • KKR Q3 earnings jump on gains from asset sales
  • True North-backed Home First Finance rides housing finance wave
  • IAN Fund invests in waterless personal hygiene startup Clensta
  • US-based marketing automation firm Bluecore buys retail tech startup Betaout
  • Twitter Q3 earnings top estimates as ad sales surge
  • Seed funding drops 21% in 2018; deep-tech startups booming: NASSCOM report
  • Meet the 11 fintech startups picked for the first batch of Financial Inclusion Lab
  • Paytm Payments Bank appoints former NPCI exec as MD & CEO
  • Microsoft Q1 sales, profit exceed forecasts on cloud computing growth
  • Sensex ends over 1% lower amid global selloff

Today’s M & A Deals_Oct 25, 2018

M & A Deals :

  • Sula Vineyards gets new investor on board; Verlinvest ups stake
  • Warburg Pincus, Soft Bank, others to invest $1.25 bn in Airtel Africa
  • Zydus Wellness gets PE backing to acquire Kraft’s India biz for $626 mn
  • Sequoia-backed Health Kart to get new investor in $10-mn capital raise
  • ITI Mutual Fund hires ICICI Prudential exec as CEO
  • Kalaari’s Sumit Jain joins Sistema Asia Fund as senior partner
  • Cyrus Mistry to make venture investments, hires BCG senior partner
  • Motilal Oswal Private Equity makes final close of third fund

Today’s M & A Deals_Oct 24, 2018

M & A Deals :

  • Samara-owned Oaknet buys some brands of GSK India
  • Indian PIPE, hedge funds invested like never before in April-June quarter
  • Hong Kong-based Composite Capital leads $54 mn round into ClearTax
  • Venture debt provider Intelle Grow appoints Axis Bank veteran as CEO
  • Venture debt firm Trifecta invests in bus aggregator app Shuttl
  • Sensex slips to lowest close in more than six months
  • Tokyo’s Kakaku.com leads funding round in restaurant management platform Tab Square
  • Five PE firms eye stake in Lakshmi Vilas Bank; Hero Future in talks to raise funds
  • Tax e-filing portal ClearTax bags $54 mn in fresh funding round
  • Ed-tech startup GuruQ gets pre-Series A funding

Today’s M & A Deals_Oct 23, 2018

M & A Deals :

  • Online lending startup PayMe India raises angel money
  • Private jets marketplace JetSetGo buys Indo Pacific Aviation
  • Women-focused media startup POPxo gets $5.52 mn from korean VC firm, others
  • Sales-tech startp Hyperdata.IO raises money from CCube Angels Network