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Warburg Pincus scraps deal to invest in Tata Technologies

Manufacturing

05 February, 2018

Warburg Pincus scraps deal to invest in Tata Technologies

Warburg Pincus and Tata Motors Ltd have called off a deal for the private equity firm to invest in Tata ......

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M&A of the Month: IDFC Bank-Capital First deal a marriage of convenience

Finance

31 January, 2018

M&A of the Month: IDFC Bank-Capital First deal a marriage of convenience

Several merger and acquisition deals made the headlines in January, especially in the technology startups space, but only a handful ......

CarTrade to acquire Shriram Automall for $24.5 mn

TMT

24 January, 2018

CarTrade to acquire Shriram Automall for $24.5 mn

MXC Solutions India Pvt. Ltd, the operator of CarTrade.com and Carwale.com websites, has agreed to buy Shriram Group’s unit that ......

Google, Temasek to invest in ride-hailing startup Go-Jek: Report

TMT

18 January, 2018

Google, Temasek to invest in ride-hailing startup Go-Jek: Report

Alphabet Inc’s Google, Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising ......

IDFC Bank, Warburg-backed Capital First to merge in $1.5 bn deal

Finance

13 January, 2018

IDFC Bank, Warburg-backed Capital First to merge in $1.5 bn deal

IDFC Bank Ltd, one of India’s two newest banks, will acquire non-bank financial firm Capital First Ltd in a share ......

Rivigo raises Series D funding at over $900 mn valuation

Infrastructure

12 January, 2018

Rivigo raises Series D funding at over $900 mn valuation

Gurgaon-based tech-enabled logistics services provider Rivigo Services Pvt. Ltd has raised Rs 322.5 crore ($50 million) in a Series D ......

Warburg Pincus India MD Niten Malhan quits

People

10 January, 2018

Warburg Pincus India MD Niten Malhan quits

Niten Malhan, managing director and co-head of private equity giant Warburg Pincus in India, has resigned, ending his 16-year-long association ......

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Kiran Energy secures fresh funding from PE backers

Infrastructure

08 January, 2018

Kiran Energy secures fresh funding from PE backers

Solar power producer Kiran Energy Solar Power Pvt. Ltd has raised a fresh round of equity funding from existing institutional ......

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Canadian Solar sells biggest India asset

Infrastructure

04 January, 2018

Canadian Solar sells biggest India asset

Canadian Solar Inc. has sold its biggest Indian power plant to a local company, two people privy to the development ......

Ecom Express' FY17 revenue rises 40%, loss narrows

TMT

04 January, 2018

Ecom Express' FY17 revenue rises 40%, loss narrows

Delhi-based logistics company Ecom Express Pvt Ltd, which counts Amazon and Flipkart among its 500-odd clients, recorded a 40% rise ......