Tanglin Developments - part of VG Siddharta's Coffee Day Holdings - is talking to HDFC's real estate PE fund to raise up to $64 Mn. The proceeds of the funds will be used for expansion.
Aditya Birla's Minacs has acquired Radifinity Information Systems Pvt Ltd for an undisclosed amount after which the company will continue to operate as a separate entity.
Kitara Capital has appointed Amitabh Chakraborty as its Managing Director and Chief Investment Officer who will head the firm's India operations from Mumbai. Chak»More
Almondz Global Securities Ltd is planning to raise money through private placement of shares with a foreign fund. Almondz is also issuing 45.1 lakh shares to its group company - Almondz Capital & Management Services and 16.25 lakh warrants to Al Anwar Holdings SAOG at Rs 57.26 per warrant.
Investors: Deutsche Bank London, Apollo Asia Opportunity Alpha (Mauritius), Third Avenue Global Value (Master) Fund LP, JP Morgan Mauritius Holdings Ltd, Goldman Sachs Investments (Mauritius) I Ltd, Morgan Stanley Mauritius Company Ltd.
India’s second attempt at kick starting the Interest rate futures market has still not picked up. It started with a healthy volume of more than 250 crore on the first trading day but volume graph has drifted down to current levels of 10-20 crore daily.
This is the first crisis we are seeing as a nation coupled to global economy. As India too devleverages - we try to understand in this section - the transmission mechanisms through which we too are affected.
Funds are finding it increasingly difficult to raise money from Limited Partners, after the past two years of global crisis and under performance, be it VC or PE funds. LPs are unhappy about the way things are being managed so far, including the opacity and general lack of control on the investments the fund makes. This has manifested itself in 2 ways.
Ansal Properties' residential township project in will be hived off into a JV where ICICI prudential will take 40% stake for over Rs100cr through one of its investment companies....
DealCurry is a daily business blog commenting on deals and corporate events in India. At this stage, it aims to produce concise aggregation on deal news from published sources, with occasional comment on events.
The form is designed keeping busy executives in mind. Eventually DealCurry aspires to bring unique trends and events from original sources as they are about to happen.
SEBI has modified the quarterly reporting format for venture capital funds (VCFs), and would require them to furnish more details and in-depth information about their investment activities....
IDG Ventures India has invested $3.2 Mn in Series A round of funding in iCreate Software Pvt Ltd. The funds will be utilised to expand its global sales team, marketing and product development.