News in brief2018-09-21T14:45:16+00:00

News in Brief

US PE firm eyes India’s non-banking sector

US private equity firm KKR & Co Inc is seeking to buy assets from Indian non-banking finance firms as it believes current market conditions offer attractive opportunities. India’s NBFC sector [...]

Advent acquires Manjushree Technopack

Global private equity investor Advent International has acquired Manjushree Technopack Ltd., India’s largest rigid plastic packaging solution provider. As part of the transaction, Advent purchased all the shares owned by [...]

OnMobile acquires Swedish gaming platform

OnMobile Global Ltd, which specialises in mobile value-added services, has acquired a 100 per cent stake in Sweden-based mobile app distribution platform Appland AB in a cash deal. In a [...]

ThomasLloyd buys into SolarArise

European investment firm ThomasLloyd Group has acquired a stake in Delhi-based solar energy producer SolarArise India Projects Pvt. Ltd, marking its first transaction in the country. The investment will help [...]

Singapore firm buys Rudra Environmental Solution

Blue Planet Environmental Solution Pte Ltd, a Singapore-headquartered company, has acquired Pune-based Rudra Environmental Solution (India) Ltd for an undisclosed amount, according to a company statement. The combined entity provides [...]

Social Finance launches $2bn India funds

Social Finance, one of the world's leading impact financing platforms, has announced the launch of two funds of $1 billion each for India (collective value of both funds $2 billion). [...]

Swiss investor bets on Suminter

Switzerland-based responsAbility Investments AG has invested in organic food exporter Suminter India Organics Pvt Ltd, marking its second deal in the food and agriculture sector in India. The impact investor [...]

France’s Legrand upbeat on India

French electrical equipment maker Legrand is open to further acquisitions in India and is targeting the local market to make it the company’s third largest globally, encouraged by an increasing [...]

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