Kolkata-based Sunrise Foods Pvt. Ltd, which sells Indian spices, has received interest from global private equity firms, including Carlyle Group and TA Associates, as well as Norwegian supplier of branded consumer goods...
Vadilal ice cream eyes a ₹1,000 crore PE flavour
The feuding promoters of Vadilal Industries Ltd are in advanced talks to sell their entire stake in the ice cream maker and its domestic distribution business to a combine of Arpwood Partners and PAG, two people aware...
Xerox seeks control of HP Board
Xerox Holdings Corp. is preparing to seek control of HP Inc.’s board after the personal-computer maker rejected efforts to negotiate an acquisition, according to people familiar with the matter. The iconic printer maker...
Skylo raises $103 million in round led by SoftBank
Internet of Things (IoT) solutions firm Skylo Technologies, co-founded by Indian-origin entrepreneur Parthsarathi Trivedi, has raised $103 million in a Series B round led by SoftBank Group. The round also saw the...
Allcargo acquires 13% stake in Gati amid family dispute
Allcargo Logistics, a multimodal logistics firm, has acquired around 13% in express logistics firm Gati Ltd, the company said in a statement. “In line with the approval by Gati’s shareholders at the EGM on the 7th...
Adani Capital acquires Essel Finance’s MSME lending business
Adani Capital Pvt. Ltd, the non-banking financial company (NBFC) arm of Adani Group focused on small and micro-entrepreneurs, has acquired Essel Finance’s micro, small and medium enterprises (MSME) loan business...
Zomato acquires Uber Eats business in India to consolidate position
Zomato, the online food delivery and restaurant aggregator platform, on Wednesday announced that it has acquired Uber Eats’ business in India in an all-stock deal that will see the ride hailing company’s food...
Zoomcar raises $30 million from Sony fund, others in fresh round
Self-drive car rental platform Zoomcar has raised $30 million in its ongoing Series D round led by Sony Innovation Fund, and other existing investors, it said on Monday. The Bengaluru-based mobility startup plans to...
Faering, A91 lead funding round in insurance distributor Go Digit
Insurance distribution firm Go Digit Insurance has raised $80 million in an equity funding round led by private equity funds Faering Capital, TVS Capital and A91 Partners, it said on Monday. The round values three-year...
CCI okays divestment of Reliance Jio’s tower assets to Brookfield
The Competition Commission of India (CCI) said on Monday that it has approved the divestment of Reliance Jio Infocomm Ltd’s telecom tower assets to Canada’s Brookfield Infrastructure Partners Lp and other investors. The...
Essel arm close to sale of 2 road assets to NIIF-Roadis
The National Investment and Infrastructure Fund (NIIF) and its joint venture partner Roadis are close to buying two road projects from Essel Infraprojects, wholly owned by Subhash Chandra’s debt-laden Essel group, in a...
Swiss firm LGT in talks to back housing startup Oxfordcaps
Student housing startup Oxfordcaps is in talks to raise $30 million in an equity funding round which will help it expand to more cities and tie up with more universities, said two people aware of the matter, requesting...
