ArcelorMittal, Nippon Steel sign $5.15 bn loan pact to refinance Essar Steel buy Japan’s biggest steelmaker Nippon Steel Corp said that its joint venture with ArcelorMittal has signed a $5.15 Bn loan agreement with Japanese banks, including Japan Bank for International Cooperation. Read More OYO receives infusion of $807M from SoftBank and RA Hospitality Holdings…
Northern Arc Announces First Close Of India Impact Fund At $23 Mn Debt fund management company Northern Arc Investments has announced the first closing of its latest fund – Northern Arc India Impact Fund – at $23 Mn Read More STRIVE Closes Fund III At Over $100 Mn To Invest In B2B Startups Tokyo-based venture capital firm…
RTP Global Announces $650 Mn Fund III To Back Startups Globally RTP Global is planning to invest in startups primarily in their Series A rounds and is expected to back startups in mobility, AI, SaaS, fintech, foodtech, healthtech, proptech, insurtech and sports-tech sectors. Read More Quadria Capital Closes Fund II At Over $400 Mn To…
Tech Mahindra will acquire Zen3 Infosolutions for $64 Mn Indian Multinational subsidiary of the Mahindra Group, Tech Mahindra will acquire the American and Indian unit of US-based AI and Machine learning firm Zen3 for $64 Mn Read More Delhi headquartered Rupeek has raised $60 Mn Series C funding Delhi-headquartered digital gold loans startup Rupeek has…
JSW Energy to acquire 100% stake in GMR Kamalanga Energy Sajjan Jindal-owned JSW Energy has acquired Odisha-based subsidiary GMR Kamalanga Energy for $745 Mn. Read More Swiggy Raises $113 Mn Series I funding from Prosus Food delivery giant Swiggy has raised $113 Mn Series I funding from Prosus N.V, Meituan Dianping and Wellington Management Company. Read More Startup…
Firstcry Gets $296 Mn From Softbank To Enter Unicorn Club Pune-based baby products marketplace Firstcry has raised $296 Mn Series E funding from Japan-based marquee investor Softbank’s Vision Fund. Read More Dr Reddy’s Labs to acquire part of Wockhardt’s generics business for $260 mn Dr Reddy’s Laboratories Ltd has agreed to acquire select divisions of Mumbai-based…
France’s Total to invest $510 mn in JV with Adani Green Energy French energy giant Total SA will invest $510 Mn in an equal joint venture with Adani Green Energy that will hold solar energy assets. Read More Baring PE India hits benchmark returns in partial exit from Manappuram Finance Baring Private Equity Partners India has sold more…
Tiger Global May Launch $3.8 Bn Fund To Continue Investment Spree Global investor Tiger Global Management has reportedly closed a $3.8 Bn global private investment vehicle called the Private Investment Partners (PIP) XII, which will continue to back tech startups in India, the US and China Read More Airtel Payments Bank Raises INR 225 Cr…
Baring PE Asia closes seventh buyout fund at $6.5 Bn Hong Kong-based alternative investment firm Baring Private Equity Asia has hit the final close of its seventh fund at its hard cap of $6.5 Bn Read More ReNew Power Secures $450 Mn Funds Through Dollar Bonds Continuing its streak of big investments, clean energy startup…
Piramal Enterprises to sell analytics unit Decision Resources Group for $950 mn Piramal Enterprises Ltd has agreed to sell the healthcare analytics unit Decision Resources Group to US-based Clarivate Analytics Plc for $950 million Read More Chinese automaker Great Wall agrees to buy General Motors’ India plant Chinese automaker Great Wall Motor has agreed to…
