Macquarie Capital picks up stake in CloudExtel for $100 mn

Macquarie Capital has bought a controlling more than 51% stake in Mumbai-based network-as-a-service provider CloudExtel for about $100 million (about ₹821 crore), making it the first such deal in the active telecom infrastructure space for the advisory, capital markets and principal investment arm of Macquarie Group. In an interview, Kunal Bajaj, ......