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Grapevine:  Nirma leads race for healthcare deal; KKR InvIT buys Macquarie road assets

General

31 July, 2023

Grapevine: Nirma leads race for healthcare deal; KKR InvIT buys Macquarie road assets

The Nirma Group has emerged as the frontrunner to acquire a subsidiary of Glenmark Pharmaceuticals, a media report said.  The Ahmedabad-based ......

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Grapevine: PE-backed Sekhmet in fray for Glenmark's arm; Easebuzz to raise fresh funding

General

12 June, 2023

Grapevine: PE-backed Sekhmet in fray for Glenmark's arm; Easebuzz to raise fresh funding

Gamot API-operated active pharma ingredient platform Sekhmet Pharmaventures is in the fray with Ahmedabad-based Nirma Group for acquisition of Glenmark ......

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InvAscent invests in bootstrapped healthcare firm from third fund

Healthcare

06 June, 2023

InvAscent invests in bootstrapped healthcare firm from third fund

InvAscent, a homegrown private equity firm focused on healthcare bets across the country, has struck a fresh investment in a ......

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InvAscent scores another exit from second fund

General

03 April, 2023

InvAscent scores another exit from second fund

Healthcare-focused private equity firm InvAscent, which recently signed off from Hyderabad-based dermatology chain Oliva Skin and Hair Clinic via a ......

Grapevine: Frontrunners emerge for HGS unit; Nirma Group company to file for IPO

General

06 May, 2021

Grapevine: Frontrunners emerge for HGS unit; Nirma Group company to file for IPO

Baring Private Equity Asia and Everstone Capital have emerged as frontrunners to buy a controlling stake in the healthcare vertical ......

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Kotak Investment's $1 bn special situations fund seals second deal

Finance

16 July, 2020

Kotak Investment's $1 bn special situations fund seals second deal

An alternative assets fund of Kotak Investment Advisors Ltd, a wholly owned unit of Kotak Mahindra Bank, has struck its ......

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Value lens: Why Nirma forked out so much for Emami cement arm soaked in red ink, debt

Manufacturing

10 February, 2020

Value lens: Why Nirma forked out so much for Emami cement arm soaked in red ink, debt

Ahmedabad-based Nirma Group has agreed to buy Emami group’s east-based cement business at a price that values the loss-making company ......

Nirma inks $770-mn deal to acquire Emami Cement

Manufacturing

06 February, 2020

Nirma inks $770-mn deal to acquire Emami Cement

Nirma Group has signed a binding agreement to acquire the cement business of diversified conglomerate Emami Group for an enterprise ......

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

General

20 January, 2020

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

Nirma Group’s cement division has emerged as the front runner for Emami Group’s nine million tonne per year cement business ......