Private equity
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Franchise India Bureau Apr 25 2018 - 1 min readThe Indian arm of Spanish fashion brand Pepe Jeans has received a controlling stake acquisition offer from US-based private equity firms Advent International, Carlyle Group and General Atlantic, reported a financial daily, citing two people familiar of the development. Pepe Jeans is seeking a valuation of Rs 2,000 crore for its ...
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Franchise India Bureau Apr 24 2018 - 2 min readThe Indian arm of US Based e-commerce giant Amazon.in has invested $22 million (Rs 144 crore) in Bengaluru-based digital lender Capital Float a company statement said. The pumped in funds will be used by the company to strengthen its end-to-end digital loan origination system and to design innovative credit solutions for ...
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Franchise India Bureau Apr 20 2018 - 1 min readIn its third round of external funding, baby care products startup mamaearth has raised an undisclosed amount in equity investment from Bollywood actress and entrepreneur Shilpa Shetty Kundra. Founded in 2016 by husband-and-wife duo Varun and Ghazal Alagh, the startup’s product portfolio includes toxin-free body lotions, rash creams, shampoo, body wash, ...
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Franchise India Bureau Apr 19 2018 - 1 min readThe UK-based Liberty House is likely to bid for debt-laden ABG Shipyard Ltd for the third time after creditors invited fresh proposals. Liberty’s bid in the first round was rejected as the offer was below ABG Shipyard’s liquidation value of Rs 2,200 crore. In the second round, it failed to comply ...
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Franchise India Bureau Apr 19 2018 - 1 min readCK Birla Group has decided to buy the 30% stake held by private equity firm Warburg Pincus in its group company Avtec Ltd, reported a financial daily citing Avtec CEO Prabhakar Kadapa. The report also cited a person aware of the development as saying that the transaction is likely to value ...