Carlyle to take over SeQuent Scientific in its biggest India control deal PE firm Carlyle has agreed to acquire up to 74% of animal healthcare company SeQuent Scientific Ltd for $210 Mn in what would be its biggest control-oriented deal in India Read More Sequoia India bets more on Indonesian coffee chain Kopi Kenangan Sequoia…
GSK sells $3.35 Bn stakes in Hindustan Unilever GlaxoSmithKline sold its stake in Unilever’s Indian business for $3.35 Bn, which Refinitiv says is the largest block trade ever to have been carried out in India. Read More Reliance gets third investor for Jio, sells $1.5 bn stake to Vista Equity US-based Vista Equity Partners will…
Potential mistakes by brands during and post the pandemic Aravind Thippanaik As countries and companies limp back to normalcy, consumer companies will go into overdrive to gain back lost ground. Instinctively, brands will try to latch on to the “flavors of the season” – Health (Immunity), Safety (Protection/Hygiene), Hope (Better tomorrow). Brands may stretch across…
M&A-minded Piramal near $500M deal to sell pharma stake to KKR India’s Piramal Enterprises may sell a 20% minority stake in the pharma unit—a slice valued at $500 million—to private equity giant KKR & Co. Read More Paytm in funding talks with Microsoft to build war chest The proposed fundraise, which may amount to around…
Abhishek, one of the investors and senior mentors for Ecosystem Ventures, presented his views on two separate forums earlier today, with a combined audience of 700+ across India. Here are a few slides from his presentation:
Facebook to buy minority stake in Reliance’s Jio Platforms for $5.7 bn Facebook Inc. will invest $5.7 Bn in the digital business of Reliance Industries Ltd, a deal that will help the social media giant expand its India presence and allow the oil-to-retail conglomerate to cut its huge debt pile. Read More Delhi-based NBFC DMI…
Zee to infuse $68.4 mn in tech arm SugarBox Mumbai headquartered media major Zee Entertainment Enterprises has announced its plans to invest $68.4 million in its arm Margo Networks, which operates content distribution platform under the brand name SugarBox. Read More Sequoia India bets more on Indonesian logistics startup Kargo Kargo Online System PT, which…
Reliance Industries invests $66 Mn in edtech startup Embibe Bengaluru-based edtech startup Embibe reported that it received a funding of nearly $66 Mn from its existing investor and shareholder Reliance Industries. Read More Alibaba invests $50 million in BigBasket’s bridge round Last year, BigBasket had raised $150 million led by Mirae Asset-Naver Asia Growth Fund,…
MedGenome Raises $55 Mn In Fresh Funding To Expand In Tier 2-3 Markets Bengaluru-based health-tech startup MedGenome has raised $55 Mn in a fresh funding round. The investment has been reportedly led by LeapFrog Investments. Read More Unicorn India Ventures has announced the first close of its $52 Mn Fund II with a corpus of…
NTPC to buy out govt from two hydel firms for $1.54 Bn India’s largest power producer, govt-owned NTPC Ltd, has said it will acquire entire central govt stakes in two hydropower companies THDC India Ltd & NEEPCO for $1.54 Bn Read More Kubota Corp buys 10% stake in Escorts for $139 Mn Kubota Corporation (Kubota),…
