Private equity
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Franchise India Bureau Apr 03 2018 - 2 min readPrivate Equity firm Eastbridge Capital has raised its stake in Fortis Hospital that will give it voting rights after the hospital chain announced demerging the listed entity into Manipal Hospital. According to its filings to SEBE, Eastbridge has raised its stake from the current 5.79 percent to 9.73 percent. Last week ...
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Franchise India Bureau Mar 30 2018 - 1 min readIndia’s largest and first homegrown activewear brand, HRX, has announced an equity partnership with CureFit, a healthcare startup to introduce HRX workouts and HRX athlete meal packs. Founded by Bollywood star Hrithik Roshan, HRX has strived hard to curate his signature workout for bringing like-minded people to becoming the best version ...
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Franchise India Bureau Mar 27 2018 - 1 min readSeaLink Capital Partners, the private equity firm founded by former KKR executive Heramb R Hajarnavis, has received $315 million (Rs 2,040 crore) in its debut funding. The fund, which has exceeded its initial target of $250 million will focus on mid-sized companies, it said in a statement. The firm ...
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Franchise India Bureau Mar 20 2018 - 2 min readThe world’s largest private equity firm Blackstone is set to buy an 85% stake in southern property developer Nitesh Estates’ mall in Pune for about Rs.300 crore. New York-based Blackstone, which is building a portfolio of shopping malls as part of its bet on rent-yielding real estate, will acquire shares held ...
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Franchise India Bureau Mar 14 2018 - 1 min readWorld Bank’s private-sector investment arm International Finance Corporation plans to provide a $2.75 million loan (about Rs.18 crore) to healthcare entrepreneur GSK Velu’s new medical technology company in Africa. The loan will complement the $7.25 million of equity that Velu’s Trivitron Healthcare Pvt. Ltd and private equity investor Investment Funds for ...