Private equity
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Franchise India Bureau Jul 07 2018 - 2 min readTPG has pipped rival private equity investors to acquire a stake of slightly over 40% in Sai Life Sciences a Hyderabad-based provider of drug discovery, development and manufacturing services for around $135 million, or Rs 900 crore, people directly aware of the matter said. TPG will seal the deal through secondary share purchase from existing ...
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Franchise India Bureau Jul 07 2018 - 2 min readPrivate equity giant TPG is set to make a $40-million (about Rs 275-crore) investment in online home design startup Livspace, striking its second consumer internet deal in India, people directly aware of the matter said. Livspace, founded by Anuj Srivastava and Ramakant Sharma, offers shoppable designs for all rooms, which can be selected from the ...
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Franchise India Bureau Jul 06 2018 - 2 min readPrivate equity giant Blackstone Group LP has agreed to buy a commercial property in Chennai from Indiabulls Real Estate Ltd for Rs 850 crore ($123 million). The transaction is part of Indiabulls Real Estate’s decision to reorganise its commercial leasing business in India and exit non-core markets, the Mumbai-listed developer said in a statement on ...
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Franchise India Bureau Jun 26 2018 - 2 min readDelhi-based Sqrrl Fintech Pvt. Ltd, which owns and operates investment app Sqrrl, has raised $1 million (Rs 6.8 crore) in a pre-Series A round of funding from Equanimity Venture Fund, which counts emerging markets guru Mark Mobius as a member of its investment committee. In a press statement, the company said ...
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Franchise India Bureau Jun 25 2018 - 1 min readMid-market private equity firm Lighthouse Funds has led a Rs 143 crore (around $21 million) investment in Tynor Orthotics Pvt. Ltd, which makes artificial support devices for various body parts. France-based manufacturer and distributor of medical devices Thuasne Participations, which had invested in Tynor in 2010, also put in money in ...