Today’s M & A Deals_Nov 23, 2018

M & A Deals :

  • US multi-strategy PE firm in talks to back retail chain Baazar Kolkata
  • Tata Capital targets bigger corpus for second healthcare private equity fund
  • Northern Arc Capital in talks with PE firms, Japanese investor for pre-IPO round
  • InvAscent topping up oversubscribed healthcare PE fund
  • Jordan’s GMS to invest more in Stelis Biopharma as part of $100 mn fundraise
  • Sensex closes in the red amid losses across sectors
  • Payments firm InstaReM marks first close of Series C round at over $20 mn
  • Digital payments startup InstaReM secures first tranche of Series C round
  • Bombay Industries Association teams up with GlobalLinker to foster SME digitisation

Today’s M & A Deals_Nov 22, 2018

M & A Deals :

  • SoftBank ropes in Norwest director to head India investments
  • Arali Ventures marks first close of debut seed fund
  • Kotak gears up to float a bunch of PE, VC funds to double assets
  • Investcorp floats biz to buy stakes in mid-size alternative asset managers
  • Quikr trims cash burn but losses still exceed revenues in FY18
  • MobiKwik adds insurance to its portfolio of digital financial offerings
  • Indian OTT market to grow 10 times to $5 bn by 2023: BCG

Today’s M & A Deals_Nov 21, 2018

M & A Deals :

 

  • Cloudnine raises fresh private equity funding
  • IDFC’s mutual fund biz attracts interest from peers, market veteran
  • Ad veterans, Sequoia exec float venture capital fund
  • Korean, Japanese investors to back mobile gaming startup Mech Mocha
  • Hong Kong’s PAG closes $6 bn third fund, may invest in India
  • Canadian Solar to buy out Suzlon in two solar projects
  • Akshaypat Singhania floats $14 mn fund to invest in startups
  • Sensex snaps winning streak as RBI meet outcome fails to calm investors
  • Impact investor BlueOrchard offers more debt funding to microlender Aye Finance
  • Stellaris, Kalaari invest in KYC solutions startup Signzy
  • True North may sell stake in VKL; Radiant eyes tie-up with Jaslok Hospital
  • Fitness startup CureFit buys mental wellness platform Seraniti
  • AI-based KYC solutions startup Signzy secures Series A funding
  • Industrial IoT startup DeTect Technologies gets Series A cheque

Today’s M & A Deals_Nov 15, 2018

M & A Deals :

  • Motilal Oswal PE loses a top executive
  • Ageas to acquire 40% stake in Royal Sundaram General Insurance
  • Prime Venture leads Series A funding in retail-tech platform Perpule
  • 1Crowd leads pre-Series A funding round in Hoi Foods
  • Sensex closes flat as firm rupee weighs on IT, healthcare stocks
  • Retail-tech startup Perpule gets Series A cheque
  • Infibeam’s revenue up 83% in Q2, posts net profit

Today’s M & A Deals_Nov 14, 2018

M & A Deals :

  • PE funding isn’t on GSK Velu’s mind as he charts course for Neuberg Diagnostics
  • State Bank of India gears up for IPO of PE-backed general insurance unit
  • Former Clix Capital executive gets funding for SME-focussed NBFC
  • Thyrocare founder A Velumani on why diagnostics sector draws PE interest and more
  • Capria’s emerging markets $100 mn fund-of-funds marks first close
  • IndusInd Bank calls off acquisition of IL&FS’ securities services arm
  • SEBI tightens disclosure norms for ratings agencies in wake of IL&FS crisis
  • Stevens Creek Ventures leads funding round in on-demand driver provider DriveU
  • IndiaNivesh marks first close for turnaround fund
  • Sensex bounces back from early losses as banking, energy stocks lead charge
  • On-demand driver provider DriveU raises funding

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