GMR Infrastructure said a consortium comprising the Tata Group, an affiliate of Singapore sovereign wealth fund GIC and Hong Kong-based SSG Capital Management would invest Rs 8,000 crore ($1.16 billion) in its airports unit. GMR will use the entire fund to bring down its debt to Rs 12,000 crore from...

Asia Healthcare Holdings, the platform backed by TPG Growth and Temasek Holdings, is all set to acquire Nova IVI Fertility, in a deal said to be worth $100 million, ET first reported, — The Economic Times Veritas Legal advised TPG and Asia Healthcare Holdings (AHH) led by a team of partner Nandish V...

“Tanla Solutions signed a definitive share purchase agreement to acquire Karix Mobile (formerly known as mGage India) and its wholly owned subsidiary Unicel from GSO Capital Partners, a Blackstone company, at an enterprise value of ₹340 crore. Shares of Tanla Solutions ended 4.91 per cent higher at ...

“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) will acquire five electricity transmission assets worth ?11,500 crore ($1.66 billion) from Sterlite Power,” reported Hindu Business Line . “Global alternative assets giant KKR is moving to acquire a controlling stake in Sterlit...

“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) will acquire five electricity transmission assets worth ?11,500 crore ($1.66 billion) from Sterlite Power,” reported Hindu Business Line . “Global alternative assets giant KKR is moving to acquire a controlling stake in Sterlit...

Karl Mayer, a German headquartered group focusing on manufacturing of textile machinery, entered into a joint venture with Rabatex Industries and A.T.E. Group in India. The joint venture company named Karl Mayer Textile Machinery India Private Limited, will be majority owned and controlled by Karl M...

“Apax Funds invests $200 million in Fractal Analytics: The investment from Apax Funds values Fractal Analytics, a data analytics firm, at about $500 million,” reported Mint . Shardul Amarchand Mangaldas advised Fractal Analytics Private Limited, a provider of artificial intelligence and analytics so...

The Government of India has taken the second step on Tuesday in its revolutionary policies that could make the commercial usage of drones in India a reality, though teething problems have delayed implementation of the first policy so far and larger question marks remain about the best way of regulating a technology that countries the world over are still grappling with.

“Radiant agrees to acquire control of Max Healthcare: The entity resulting from the Radiant-Max Healthcare acquisition will be India’s third largest hospital chain by revenue,” reported Mint . It would create the fourth-largest entity in the space by capacity, with over 3,200 beds in 16 hospitals ac...

“Swiggy raises mega $1 billion round, valuation swells to $3.3 billion: Existing backer Naspers to lead the round which has seen the entry of new investors Tencent, Hillhouse Capital and Wellington Management,” reported The Economic Times . Shardul Amarchand and Nishith Desai had also acted on the f...

“Singapore-based real estate asset manager Mapletree Investment Pte. Ltd is close to buying Chennai-based information technology park SP Infocity, jointly owned by Canada Pension Plan Investment Board (CPPIB) and Shapoorji Pallonji Investment Advisors, for around ?2,300-2,400 crore,” reported Mint ....

“Singapore-based real estate asset manager Mapletree Investment Pte. Ltd is close to buying Chennai-based information technology park SP Infocity, jointly owned by Canada Pension Plan Investment Board (CPPIB) and Shapoorji Pallonji Investment Advisors, for around ?2,300-2,400 crore,” reported Mint ....

“MagicPin parent raises $20 million in round led by Lightspeed US: The latest funding round values three-year-old discovery and rewards platform at $100 million,” reported The Economic Times . Link Legal India Law Services advised Lightspeed India Partners led by a team of partner Manish Gupta , ass...

“MagicPin parent raises $20 million in round led by Lightspeed US: The latest funding round values three-year-old discovery and rewards platform at $100 million,” reported The Economic Times . Link Legal India Law Services advised Lightspeed India Partners led by a team of partner Manish Gupta , ass...

“Education services provider Nspira Management Services Pvt. Ltd has raised $75 million in a round led by Morgan Stanley Private Equity Asia and Banyan Tree Growth Capital II, the company said,” reported Mint.

“GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million),” according to Mingtiandi, giving it a 5% stake in the company, which issued fresh shares for the acquisition.

Education technology company Toppr Technologies raised Rs 15.5 crore of venture debt from Alteria Capital. Toppr offers learning programs focused on school curriculum and test preparation for major engineering and medical entrance exams in India and was founded in 2013, and is backed by SAIF Partner...

“Safecrop Holdings Pvt Ltd, a consortium of investors, including WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed a definitive agreement with the shareholders of Chennai-based Star Health & Allied Insurance Company Ltd to acquire their shares. While the company and investors ...

Bangalore-based Silicon and Beyond, leading provider of high-speed SerDes technology used in data intensive applications such as machine learning, cloud computing, and networking, has been acquired by US-headquarterd Synopsys for an undisclosed amount, as per the press release by Synopsys.

“Bigtree Entertainment Pvt. Ltd, which owns and operates BookMyShow, an online entertainment ticketing platform, has raised $100 million in Series D funding from investors led by TPG Growth,” reported Mint . Shardul Amarchand Mangaldas advised Bigtree Entertainment-owned Bookmyshow and its promoters...