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Multiples Alternate Asset Management has invested $20 million (about Rs 142 crore) in artificial intelligence and big data company Quantiphi, the first deep- tech investment by the Renuka Ramnath-led private equity firm. The investment which has a small secondary component as well, is the first inst...

CDC Group Plc, the UK government’s development finance institution, has made an equity investment of $36 million (Rs 255.36 crore) in Warburg Pincus-backed logistics firm Ecom Express Pvt. Ltd. — VCCircle AZB & Partners advised Ecom Express Private Limited and Warburg Pincus group led by a team...

Wockhardt, which is reeling under heavy debt and is trying to deleverage its balance sheet, has agreed to sell multiple products and a manufacturing facility to Dr Reddy’s Laboratories. In a regulatory filing, Wockharrdt said Dr Reddy’s Labs will acquire 62 products and its unit in Baddi, Himachal P...

Cyril Amarchand Mangaldas (CAM) has hired Platinum Partners lawyer Vijay Pratap Singh Chauhan as a partner in its competition team, based in Delhi, according to the firm’s press release.

Business Transfer, according to reports . SoftBank-backed FirstCry, which retails products and also operates a social network catering to young parents and babies, is entering the education space by acquiring Oi Playschool in what is the first of its kind deal in a fast consolidating segment. FirstC...

Fashor, a Chennai-based online women’s apparel brand, raised $1 million in a Pre-Series A round led by Sprout Venture Partners. IP Ventures, and Venture Catalysts, with participation from a few HNIs. — Yourstory Platinum Partners advised Target company and its promoters Fashor Lifestyle Private Limi...

Private equity firm CX Partners is picking up a majority 50.1 per cent stake in Dindigul Thalappakatti Biriyani for Rs 260 crore in what will be one of the largest investments in a local restaurant chain brand in India. The deal with the iconic Tamil Nadu restaurant, which started with just one outl...

Hong Kong-based school chain Nord Anglia Education Inc. has entered India by acquiring People Combine Education India Initiatives Ltd’s schools under the Oakridge International brand. — VCCircle Platinum Partners advised People Combine Group and its promoters led by a team of partner Ankit Majmudar ...

Sekura Energy Ltd, backed by Edelweiss Infrastructure Yield Plus (EIYP) fund, will acquire two operating power transmission assets from Essel Infraprojects Ltd- namely Darbhanga-Motihari Transmission Limited and NRSS XXXI (B) Transmission Limited. Sekura is also set to acquire Warora-Kurnool Transmi...

A consortium of private equity investors led by CX Partners has acquired “significant equity ownership” of Ahmedabad-based Veeda Clinical Research for an undisclosed amount. — Dealstreetasia Platinum Partners advised CX Partners led by a team of partner Ankit Majmudar , partner Abhik Ghosh , associa...

Teva Pharmaceutical Industries has announced that Teva and the Procter & Gamble Company [NYSE: PG] have agreed to terminate the PGT Healthcare partnership that the two companies established in 2011 to market OTC (Over The Counter) medicines. The separation is planned to take effect July 1, 2018...

India-bred private equity firm Chrys Capital is set to buy 10 per cent in fast-growing Mankind Pharmaceuticals for $350 million. GIC of Singapore and CPPIB of Canada may co-invest in the deal, likely to be signed this week. — Business Standard Desai & Diwanji advised GIC , the sovereign wealth ...

Continental Warehousing Corporation (Nhava Seva) Ltd., (CWCNSL), a 90%-owned subsidiary of Hindustan Infralog Pvt. Ltd. (HIPL), has acquired 76% stake in Kribhco Infrastructure Ltd. (KRIL), an integrated multi-modal logistics operator for an unspecified amount. Hindustan Infralog is a joint venture ...

L&L Partners advised Symbiotec Pharma Lab Pvt Limited led by a team of partner William Vivian John along with managing associate Deepak Kumar and associate Tanaya Sanyal.

AGS Transact Technologies Ltd’s promoters will buy back shares from private equity investors TPG Growth and Actis as the payments solution provider’s initial public offering (IPO) plans continue to be on the backburner, two people aware of the development said. — Mint Veritas Legal advised TPG STAR ...

“A consortium of Kedaara Capital and Partners Group is set to buy retailer Vishal Mega Mart for Rs5,000 crore, two people directly involved in the transaction said,” reported Mint . AZB & Partners advised the seller TPG Capital Asia and Vishal Mega Mart Private Limited led by a team of partners...

“Marking its third deal in the nonbanking finance company space, multi-stage investment firm Norwest Venture Partners has invested $30 million (Rs 200 crore) in Chennai-based Veritas Finance to acquire about 15% stake,” according to reports . Shardul Amarchand Mangaldas advised Norwest Venture Partn...

Cooper-Standard France SAS divested Cooper Standard’s anti-vibration systems (AVS) business to ContiTech USA Inc (a division of Continental AG), which involved the transfer of Cooper-Standard France SAS’ equity interest in a joint venture company in India, according to the company’s press release . ...

S&R Associates partner of 13 years, Uday Walia, has resigned and is due to join Platinum Partners in Delhi, we understand from reliable sources.