Investcorp acquires Unilog
Global private equity (PE) firm Investcorp has acquired Unilog – a software-as-a-service (SaaS) based e-commerce solutions provider to small and medium enterprises (SMEs) – for an undisclosed sum.
Warburg Pincus invests $100 million in Indian consumer electronics firm boAt
U.S. private equity firm Warburg Pincus has invested about $100 million in India's boAt, the consumer electronics firm said on Wednesday.
India’s pharma CMO sector a hotbed for private investors
Major investments by global private equity giants such as Advent, Carlyle and KKR in India’s contract manufacturing organization sector, amid the pandemic, reflect solid prospects for growth in the country’s complex generics and bulk drug manufacturers.
KKR plans to merge India NBFC with InCred
The combined entity will operate under the InCred brand name, and post the deal, the merged book size will be around $802 million with a relatively low debt-equity ratio.
Clermont Group may join Clix Capital in Lakshmi Vilas Bank deal
Clermont is reportedly in talks to invest up to $200 million for up to 20 per cent stake in the bank.
Haldia Petrochemicals acquires Lummus Technology for $2.7bn
The deal is expected to accelerate India’s progress towards self-reliance in materials technology, Haldia Petrochemicals said.
Carlyle Group may buy stake in Piramal’s pharma business
Carlyle Group might buy minority stake in Piramal’s pharmaceuticals business for up to $525 million.
Baring PE offers to take Hexaware private
Baring PE has offered $3.7 per share to buy the remaining shares of Hexaware Technologies.
Carlyle Group may infuse $1 billion in Axis Bank
The deal may result in Carlyle owning up to 8 per cent stake in Axis Bank.
India will remain a very attractive place to do business
Gaurav Dalmia, Chairman of Dalmia Group Holdings, discusses the current economic and business climate in India while also highlighting some key lessons for Private Equity investors considering the Indian market. How would you classify the Indian investment climate against the backdrop of an economic slowdown? India has been quite a hot destination for investment over the past few years. In the fiscal year 2018-19, India attracted $44 billion in inbound FDI. This is capital that chooses target destinations freely. In [...]