Today’s M & A Deals_Sep 12, 2018

M & A Deals :

  • Exclusive: Rakesh Jhunjhunwala-backed Metro Shoes picks merchant bankers for IPO.
  • CLP India to buy 49% stake each in two Suzlon solar projects.
  • Sensex slides more than 2% in two days; rupee at new low vs dollar.
  • Unlisted public firms will soon have to issue new shares in demat form.
  • Greenko’s $300-mn deal to buy AT Capital-backed Orange Renewable falls through.
  • Emso, Eight Capital eye stressed assets; Apollo Global buys JP Morgan realty platform.
  • Sales force turns to SMEs in smaller cities to boost growth in India.
  • Alipay gains voting-rights edge in Zomato matters.

Today’s M & A Deals_Sep 08, 2018

M & A Deals :

  • Zephyr Peacock set to mark first close of fourth SME-focussed private equity fund
  • Big-ticket venture capital deals boost tech startups this week
  • State-run rail infra engineering firm Ircon eyeing $620-mn valuation in IPO
  • Temasek, Ola founders buy stake in cab-hailing firm via secondary deals
  • Sensex, Nifty log worst week in more than two months
  • Should B2B marketplaces look beyond SMEs to stay in business?

Today’s M & A Deals_Sep 07, 2018

M & A Deals :

  • SBI Caps’ top investment banking exec resigns
  • Temasek commits $400 mn to National Investment and Infrastructure Fund
  • Aurobindo buying Novartis unit Sandoz’s businesses in biggest outbound pharma deal
  • Baring PE India finance head joins global investment firm
  • Aavishkaar-backed logistics firm Connect India gets funding from angel investors
  • Uber CEO Dara Khosrowshahi says on track to float IPO in 2019
  • Rupee breaches 72 to the dollar for first time
  • Uber on track for IPO next year, to retain self-driving tech unit, says CEO

Today’s M & A Deals_Sep 06, 2018

M & A Deals :

  • Brook field-backed InvIT set to buy Indian gas pipeline
  • CLSA hires two execs to strengthen M&A and debt capital market advisory
  • IFC to sell nearly one-third stake in Angel Broking via IPO
  • Centrum hires Edelweiss veteran to bolster institutional equities, i-banking biz
  • IFC sells bulk of its stake in decade-old pharma portfolio firm; peek at returns
  • Centrum Financial Services to acquire L&T Finance’s supply-chain lending biz
  • SEBI to review tighter norms on foreign funds
  • Beauty e-tailer Nykaa gets a new PE investor

Today’s M & A Deals_Sep 05, 2018

M & A Deals :

  • SAIF Partners strikes new investment in consumer sector
  • Singapore’s RB Investments bets on two Indian companies
  • Oman India Joint Investment Fund invests in Stanley Lifestyles
  • India finance ministry tries to calm investors as SEBI rule changes spook markets
  • Ebix buys Miles Software in latest India acquisition
  • Qatar Airways may seek stake in IndiGo; open to buying Air India’s core assets
  • PE-backed firms Milltec, Vectus get regulatory nod to float IPOs
  • Ambit Finvest acquires SME lending business of Finmax Credit
  • Sensex closes lower again as rupee’s slide continues
  • Amazon gets leg-up over local e-commerce rivals by launching Hindi app
  • Budget eyewear e-tailer Clear Dekho gets fresh funding

Today’s M & A Deals_Aug 31, 2018

M & A Deals :

  • Project Sashakt panel engages with PE funds for AIF as investors seek clarity
  • Quadria founders-led Healthquad set to make final bet from debut fund
  • Individual investors back study material marketplace Notesgen
  • IT solutions firm ONGO Framework gets angel funding, buys Hockystick
  • Sensex ends slightly lower after volatile trading session
  • Amazon in talks to buy into Spencer’s Retail; PVR eyes Wave Cinemas
  • Aditya Birla Capital teams up with US fund to invest in stressed assets
  • Xander’s retail arm to buy Omkar Realtors’ Mumbai mall
  • Logistics-tech startup Wheels Eye gets early-stage funding

Today’s M & A Deals_Aug 30, 2018

M & A Deals :

  • ICICI Venture-Tata’s PE fund Resurgent to buy majority stake in Prayagraj Power.
  • India Alternatives hits first close of new PE fund.
  • World’s top helmet maker Studds eyes $264 mn valuation in IPO.
  • Logistics marketplace Blowhorn gets new cheque from MSDF.
  • IDG, Qualcomm Ventures invest in digital payments startup.
  • MSDF pumps fresh capital into logistics marketplace Blowhorn.
  • General Atlantic-backed CitiusTech invests in healthcare consultant FluidEdge.
  • Sensex closes lower; rupee hits new low.

Today’s M & A Deals_Aug 28, 2018

M & A Deals :

  • PE-backed Craftsman Automation gets SEBI nod for IPO
  • Shell to acquire Total’s stake in Hazira LNG terminal
  • Bank stocks propel Sensex to record closing high
  • Fortis extends deadline to complete RHT Health Trust acquisition by three months
  • Saama Capital backs digital lending platform Shubh Loans
  • Digital lender ZestMoney closes stretched Series A funding round
  • Tech Mahindra, Microsoft bank on block chain to put an end to pesky calls
  • YES BANK launches YES SCALE to accelerate startup solutions for building a smarter nation

Today’s M & A Deals_Aug 22, 2018

M & A Deals :

  • Blackstone aborts plan to sell four key office assets in India
  • SAIF Partners sitting on multi-begger as jewellery firm Sen co files for IPO
  • Goldman Sachs-backed New Door valued at $40 mn as HDFC bets on student housing co
  • AGS Transact files for IPO; TPG, Actis’ exit was a downer
  • Flipkart buys Astarc Ventures-backed speech recognition firm Liv.ai
  • Alteria Capital strikes fourth deal, invests in beverage startup RAW Pressery
  • Singapore IT refurbishment firm invests in re commerce platform Insta Cash
  • Endiya Partners makes Series A investment in solar power solutions firm Cygni
  • Capital Float buys Sequoia & SAIF-backed Walnut for $30 mn
  • Uber hires CFO as self-imposed IPO deadline draws nearer

Today’s M & A Deals_Aug 21, 2018

M & A Deals :

  • IFC strikes another profitable exit with partial stake sale in Equitas
  • Evolvence India Life Sciences Fund fully exits Chennai drugmaker
  • Chrys Cap, other PE funds in talks to invest in eye-care firm Dr Agarwal’s
  • Blackstone’s GSO to get stake in Tanla after exiting Karix Mobile
  • P2P lending startup Finzy completes pre-Series A funding round
  • Mobile messaging firm Route Mobile gets SEBI nod for IPO
  • Quadria Capital’s Amit Varma on the new fund, exits and more
  • L&T’s buyback proposal helps Sensex, Nifty scale new peaks
  • Crystal Crop Protection buys four brands from US chemical firm FMC Corp
  • Alibaba eyes stake in Reliance Retail; Amazon in talks to buy into More
  • US tech giants to intensify efforts against India’s data localisation norms
  • Self-drive car rental startup Revv gets funding from Hyundai