The healthcare fund of private equity firm Tata Capital Ltd is in talks to invest in a Chennai-based diagnostics company as it seeks to boost its exposure to the sector, a person familiar with the development said. Tata...
Brookfield Entity Sagen To Acquire 31% In Imgc
The India Mortgage Guarantee Corporation (IMGC) today announced that Sagen MI Canada has signed a definitive agreement to acquire a stake representing approximately 31% of the Company in a primary funding round. The...
Cyient To Acquire Singapore-based Grit Consulting For $37 Million
Cyient Ltd. said on Thursday it is set to acquire Singapore-based Grit Consulting for a total consideration of $37 million, to strengthen its technology consulting practice and gain access to new customer portfolios...
Kristal.ai Acquires Globalise, Looks To Enhance Retail Offerings
Digital-first global private wealth management platform, Kristal.AI, on Wednesday said it has acquired Globalise which offers access to the US stocks, exchange-traded funds as well as ETF baskets for Indian investors...
Licious makes strategic investment in pet food startup Pawfectly Made
Delightful Gourmet Pvt Ltd, operator of meat brand Licious, on Wednesday said it has invested $1 million, or around ₹7.6 crore, in fresh pet food startup Pawfectly Made. This is the first strategic investment by Licious...
Billionaire Gautam Adani In Talks To Buy Holcim India Units: Report
Gautam Adani’s conglomerate is in advanced talks to acquire Holcim Ltd.’s businesses in India, according to people familiar with the matter. The billionaire’s Adani Group could sign an agreement to acquire a controlling...
Holcim Group Weighs Offers For Cement Biz
The board of Swiss cement maker Holcim Group is set to meet next week to decide on the sale of its Indian cement businesses—Ambuja Cements Ltd and ACC Ltd—for which Adani Group, JSW Group and UltraTech Cement are in...
Welspun Looks To Acquire Bankrupt Sintex Group Arm
Welspun group company Welspun Corp has placed a bid to acquire Sintex Prefab and Infra Ltd, as part of the Sintex group firm’s ongoing bankruptcy resolution process in the National Company Law Tribunal (NCLT), said two...
Cricket Nft Platform Rario Raises $120 Mn Series A Funding Led By Dream Capital
Rario, creator of the world’s first cricket non-fungible token (NFT) platform, on Thursday announced a $120 million Series A funding round led by Dream Capital, the corporate venture capital and M&A arm of Dream...
Supertech Insolvency: Lender Seeks Better Settlement Plan
Union Bank of India, the lender on whose application NCLT had initiated insolvency proceedings against Supertech Ltd, submitted before the appellate tribunal NCLAT that the debt-ridden company should come up with a...
Blackstone Bets On Campus Housing With $13 Billion Acquisition
Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise as more college students...
Max Ventures to amalgamate with Max Estates. Here’s how the duo expects to benefit
The board of directors of Max Ventures and Industries has approved the scheme of amalgamation with Max Estates and their respective shareholders and creditors. In the deal, Max Ventures is the transferor company, while...
