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Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Consumer

25 September, 2019

Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Gurugram-based SAMHI Hotels Ltd, which operates the largest number of Marriott and Hyatt hotels in India, has filed draft papers ......

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B2B marketplace Bizongo pockets Series C cheque as valuation nears $100 mn

TMT

19 July, 2019

B2B marketplace Bizongo pockets Series C cheque as valuation nears $100 mn

Bizongo, a business-to-business marketplace for packaging materials, has received funding from a bunch of investors in a Series C round ......

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IFC to back rare management buyout-style transaction in India

TMT

03 July, 2019

IFC to back rare management buyout-style transaction in India

International Finance Corporation has joined a consortium of investors that is in talks to seal a venture-stage management buyout-style transaction ......

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Piramal-Bain distressed assets fund set to raise $750 mn

Finance

11 June, 2019

Piramal-Bain distressed assets fund set to raise $750 mn

India Resurgence Fund will raise a corpus of $750 million (around Rs 5,250 crore) over the next few months to increase ......

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Serial entrepreneur Mahansaria set to raise PE funding for latest tyre venture

Manufacturing

31 May, 2019

Serial entrepreneur Mahansaria set to raise PE funding for latest tyre venture

Yogesh Mahansaria, who along with his father Ashok had bowed out of Balkrishna Industries Ltd to create Alliance Tire Group ......

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Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors

Manufacturing

05 April, 2019

Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors

Electrical products maker Polycab India Ltd’s initial public offering (IPO) saw strong demand on the first day on Friday, with ......

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IFC to make modest returns from partial exit in IPO of electrical goods firm

Finance

02 April, 2019

IFC to make modest returns from partial exit in IPO of electrical goods firm

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, will walk away with modest returns by selling nearly half ......

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Gruh deal will help increase secured loan book: Bandhan Bank CEO

Finance

08 January, 2019

Gruh deal will help increase secured loan book: Bandhan Bank CEO

In April 2014, Chandra Shekhar Ghosh managed to get what many bigger businessman couldn't--a banking licence. Bandhan Bank, the microlender-turned-bank, ......

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Lighthouse adds CDC as LP for latest fund, targets final close in four months

Finance

12 December, 2018

Lighthouse adds CDC as LP for latest fund, targets final close in four months

Mid-market private equity firm Lighthouse is aiming to mark the final close of its third India-dedicated fund by the end ......

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How IFC spun $200 mn from financial services portfolio before market downturn

Finance

02 November, 2018

How IFC spun $200 mn from financial services portfolio before market downturn

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian financial services ......