Sreeja Biswas
General
Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds
Private equity firm Carlyle Group has initiated formal discussions with potential buyers to sell its 24% stake in the data center subsidiary ......
General
Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status
LG Electronics has engaged JP Morgan and Morgan Stanley to evaluate a potential IPO of its Indian unit, LG Electronics ......
Healthcare
Searchlight: Emnar Pharma poised to turn around after a decline in FY23 financials
Emnar Pharma Pvt. Ltd (formerly Emmennar Pharma), a part of the Virchow group, is likely to see a rebound in ......
General
Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers
Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......
Healthcare
Exclusive: US pension fund CalPERS looks to invest in another Indian hospital
The California Public Employees’ Retirement System (CalPERS), the largest US public pension fund and a limited partner in several global ......
General
Grapevine: JB Chemicals gets more suitors; Disney set to exit Tata Play
Indian drugmakers Mankind Pharma, Dr Reddy’s Laboratories, and Torrent Pharma are in the race to acquire JB Chemicals & Pharmaceuticals ......
Healthcare
General Atlantic kicks off exit plan from India healthcare portfolio firm
Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India, has started the process ......
General
Grapevine: Oyo taps family offices for funds; KKR eyes RE Sustainability exit
Hospitality startup Oyo, is seeking $80-90 million (Rs 660-750 crore) from family offices as part of its ongoing funding round, a ......
Healthcare
Bottomline: True North-backed Anthem Bio's margins shrink again, revenue remains in a spot
Anthem Biosciences Pvt Ltd had nearly doubled its revenue in FY21, the same year in which it hit a billion-dollar valuation following ......
Healthcare
KKR invests in healthcare solutions firm Infinx, Norwest Venture also makes top-up
US private equity firm KKR & Co Tuesday said it has acquired a “significant” minority stake in Infinx Services Pvt Ltd, an AI-driven healthcare ......