Private equity
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Franchise India Bureau Apr 19 2018 - 1 min readSpecial situations investment firm SSG Capital Management has acquired 46.87% stake in Shapoorji Pallonji Finance Pvt. Ltd, a non-banking financial company SSG acquired the stake in the NBFC, part of the reclusive billionaire Pallonji Mistry-led Shapoorji Pallonji Group, in March, rating firm Crisil said in a recent note. The ...
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Franchise India Bureau Apr 17 2018 - 1 min readIndiabulls Group co-founder Rajiv Rattan has partnered US-based private equity firm Lone Star Funds to jointly invest $400 million (Rs 2,600 crore) in his non-banking financial company RattanIndia Finance Pvt. Ltd. As per the agreement, Rattan and affiliates of Lone Star will own 50% stake each in RattanIndia Finance, which aims ...
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Franchise India Bureau Apr 13 2018 - 1 min readPrivate equity firm Neev Fund has invested an undisclosed amount in Mahendra Educational Pvt. Ltd, the PE firm said. Backed by State Bank of India and UK’s Department for International Development Neev Fund has invested Rs 50 crore ($7.7 million) in the Lucknow-based company. Mahendra Educational helps job aspirants ...
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Franchise India Bureau Apr 11 2018 - 1 min readUrban logistics services firm Mojro has raised $650,000 (Rs 4.23 crore) in its pre-Series A round led by equity crowdfunding platform 1Crowd. In a press release, the two-year-old startup said the round also saw the participation of others including Tamil Nadu-based diversified business group Naga Limited. The technology platform ...
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Franchise India Bureau Apr 04 2018 - 1 min readHome-grown private equity firm ChrysCapital led an Rs 350-crore ($55-million) Series C funding round in Bengaluru-based Varthana operated school finance company Thirumeni Finance Pvt. Ltd. According to Thirumeni Finance, the investment was a combination of primary infusion and secondary stake sale by early-stage investors. Existing investors, Elevar Equity, LGT Impact, Omidyar ...