Private equity firm Warburg Pincus inked the largest funding deal in the week gone by as it put $75 million in the Series C round of Gurgaon-based logistics service provider Rivigo.
In another large private equity deal, Chennai-based non-banking financial company IFMR Capital raised $25 million from Eight Roads Ventures.
The M&A space recorded as many as 22 deals this past week, with the biggest being the acquisition of the business-to-business automation business of Crompton Greaves by Saudi Arabia’s Alfanar for $133 million.
Retail pioneer Kishore Biyani’s Future Group struck another takeover deal as it agreed to acquire the retail, agricultural and bakery business of Hyderabad-based Heritage Foods in an all-stock deal.
In another deal, Pune-based Bharat Forge is exiting Alstom Bharat Forge Power by selling its entire 49% stake in the company to GE Pacific for $35 million.
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