BPEA EQT, ChrysCapital Strike $1.3 Bn Deal For HDFC Credila Buyout group BPEA EQT and Indian private equity firm ChrysCapital have agreed to acquire a stake of around 90% in education finance company HDFC Credila Financial Services Ltd in a deal worth a total of about INR 11,063 crore ($1.3 billion). The two PE firms will buy the stake in […]
A Guide to Unlocking Financial Success Finance consulting is a field that holds great potential for individuals and businesses looking to navigate the complex world of finance. Whether you are a seasoned entrepreneur or a fresh graduate seeking to make your mark in the financial industry, understanding the intricacies of finance consulting can be the key to unlocking financial success. […]
GIC Teams Up With Brookfield REIT for $1.4-Bn Deal To Buy Office Assets Together with Canadian alternative investor Brookfield Asset Management Inc., Singapore sovereign wealth fund GIC and Brookfield India Real Estate Investment Trust (REIT) have agreed to pay roughly Rs 11,225 crore (almost $1.4 billion) for two commercial properties. For around Rs 150 crore (about $18 million), Brookfield India […]
Brookfield Renewable To Invest $1 Bn In Avaada Group Brookfield Renewable is investing $1 billion (about Rs 8,200 crore) in Avaada Ventures Pvt. Ltd to help finance the renewable energy company’s green hydrogen and green ammonia businesses. The renewable energy arm of Canada’s Brookfield Asset Management Inc. will make the investment via the Brookfield Global Transition Fund. Thailand’s Global Power […]
Jindal Stainless Buys $157-Mn Stake in Indonesian Firm to Secure Nickel Supply In order to guarantee a supply of nickel, a crucial component in the creation of stainless steel, India’s Jindal Stainless Ltd paid $157 million for a 49% share in New Yaking Pte. Ltd, a company with headquarters in Indonesia. In accordance with the agreement, a nickel pig iron […]
I Squared Capital Buys Controlling Stake in Gram Power for $100 Mn I Squared Capital, a multinational private equity firm, has invested $100 million for a controlling stake in the Jaipur-based smart metering business Gram Power (around Rs 826.55 crore). Gram Power is entirely owned by Singapore-based Polaris Smart Metering Pte Ltd. However, the enterprise value of the deal could […]
GEF Capital Invests Rs. 500 Cr In E-Mobility Firms The e-mobility businesses Electra EV and Hero Motors Ltd. have received investments from the private equity fund GEF Capital Partners totaling more than 500 crore rupees. This is a component of the investor’s plan to increase their stake in India’s climate and sustainability potential. With this, GEF has invested eight times […]
Poonawalla To Target Growth-Stage Firms With Rs. 1,000 Cr Fund; The Poonawalla Vision Fund, with a capital of $1 billion, was established by the chief executive of Serum Institute of India with regulatory approval. An application for registration as a category-II alternative investment fund was submitted to the Securities and Exchange Board of India (SEBI) on September 29. (AIF). The […]
Bira91 to Buy Beverage Chain Beer Cafe: The Beer Café is set to be acquired by beer maker Bira 91 as it eyes a stronger play and offerings in pubs & taprooms market. It presents a huge opportunity for Bira 91 to leverage its infrastructure, experience, and expansion capabilities to further refine The Beer Café’s strong operating model and better […]
Edtech firm Lido Learning files for insolvency: Ronnie Screwvala’s Unilazer Ventures-backed Quality Tutorials Pvt. Ltd, which runs edtech platform Lido Learning, has filed for insolvency, according to the company’s latest filings with the corporate affairs ministry. In a meeting early this week, Lido’s board passed a special resolution to file for the corporate insolvency resolution process under section 10 of the […]