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Grapevine: Emami Group mulls sale of pharmacy chain; Hero FinCorp plans IPO filing

General

31 May, 2024

Grapevine: Emami Group mulls sale of pharmacy chain; Hero FinCorp plans IPO filing

Kolkata-based Emami Group is considering strategic options, including a potential sale, of its pharmacy retail chain Frank Ross, a media report said.  The ......

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Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

General

18 October, 2023

Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

Orient Cement Ltd’s promoter CK Birla has reached out to billionaire Gautam Adani to sell his stake in the business, a media report ......

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Bottomline: Apollo, ChrysCap-backed Hero FinCorp comes out of the red, AUM hits $5 bn

Finance

28 September, 2023

Bottomline: Apollo, ChrysCap-backed Hero FinCorp comes out of the red, AUM hits $5 bn

US-based private equity major Apollo Management-backed Hero FinCorp ended the last financial year (FY) on a positive note, coming out ......

Paytm sees uptick in transacting users in Dec quarter

Finance

09 January, 2023

Paytm sees uptick in transacting users in Dec quarter

Fintech startup Paytm, operated by One97 Communications Ltd, on Monday said it has witnessed a 32% jump in average monthly ......

Apollo leads $267 mn in non-bank lender Hero FinCorp

Finance

07 February, 2022

Apollo leads $267 mn in non-bank lender Hero FinCorp

Hero FinCorp has raised Rs 2,000 crore ($267 million) growth capital from US-based private equity major Apollo Management, its parent ......

Apollo Management to invest $125 mn in Indian NBFC

Finance

04 February, 2022

Apollo Management to invest $125 mn in Indian NBFC

US-based private equity major Apollo Management has agreed to invest around Rs 940 crore ($125 million) as growth capital to ......

World Bank's IFC to make debt investment of $150 mn in Bajaj Finance

Finance

21 April, 2021

World Bank's IFC to make debt investment of $150 mn in Bajaj Finance

World Bank’s International Finance Corporation (IFC) will make a debt investment of $150 million (about Rs 1,132 crore) in non-bank ......

Grapevine: Biyani to sell more stake in Future Retail to Amazon

General

07 May, 2020

Grapevine: Biyani to sell more stake in Future Retail to Amazon

Cash-strapped Kishore Biyani is offering to sell a significant stake in Future Retail to Amazon to pare debt levels. Future Group ......

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Apis, ChrysCap co-investing in a private lender

Finance

17 February, 2020

Apis, ChrysCap co-investing in a private lender

London-based mid-market private equity firm Apis Partners, which is focused on financial services and technology segments, is coming as a ......

Hero FinCorp may buy Reliance Capital unit; ChrysCapital likely to back Awfis

General

30 May, 2019

Hero FinCorp may buy Reliance Capital unit; ChrysCapital likely to back Awfis

India's largest motorcycle maker Hero MotoCorp’s retail lending arm is in advanced talks with Reliance Capital to buy Reliance General ......