Delhi-based Moolchand Healthcare is planning to invest Rs 500 crore ($93 million) to expand its hospital network through a mix of organic expansion and acquisition of existing assets.
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Bangalore-based education services startup Limberlink Technologies Pvt Ltd has raised around $2 million from Accel Partners, according to sources privy to the development.
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Social venture capital investor Acumen Fund has made an equity investment of Rs 9 crore ($2 million) into BASIX Krishi Samruddhi Ltd. Part of Vijay Mahajan’s Basix Group, the company provides agriculture-related support and business development services to farmers.
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UK’s OCS Systems has acquired Mumbai-based Radiant Hospitality Services Pvt Ltd, a facility management services company, for Rs 30-35 crore.
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Delhi-based Giftcart Ecommerce Pvt Ltd has received $1 million as seed capital from TekCorp. Giftcart, a portfolio company of TekCorp, has also launched its website Giftcart.com in private beta today.
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MediaTek partners with Gameloft to enhance mobile gaming . Facebook Instagram deal delay threat. Microsoft redesigns Bing, plays up Facebook link.
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Panasonic Corporation is acquiring 76.2 per cent stake in AIG and Standard Chartered PE-backed Firepro Systems Pvt Ltd, the company has said in a release on Friday.
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India's industrial output unexpectedly fell in March for the first time in five months, driven by a slump in the capital goods sector, and increasing the pressure on policymakers to consider further steps to revive a sagging economy.
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Goldman Sachs has begun shedding some of its investments ahead of upcoming rules that will limit banks’ ability to keep money in hedge funds and private equity.
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US-based foods company General Mills has acquired Pune’s ready-to-cook spice and sauce mixes manufacturer Parampara Foods’ brands and marketing rights.
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Warburg Pincus LLC WP.UL has raised more than $5 billion (3 billion pounds) in just over seven months for its 11th global private equity fund, a major step on the way toward its $12 billion target, people familiar with the matter said on Thursday.
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Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.
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Warburg Pincus In Talks To Acquire Future Capital Holdings - US private equity firm Warburg Pincus is in an advanced stage of negotiation to acquire Kishore Biyani-controlled Future Group's 56% stake in non-banking finance firm Future Capital Holdings.
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Bangalore-based machine tool manufacturer Bharat Fritz Werner Ltd is looking to raise Rs 200 crore ($38 million), at least two sources briefed with the matter told VCCircle.
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Hyderabad-based Ybrant Digital Ltd, a digital marketing solutions company, has entered into an agreement to acquire PriceGrabber, LowerMyBills and ClassesUSA.com from Experian plc, an information services company which is currently one of the top five Internet advertisers in the US.
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In tune with its promise to look at smaller e-commerce firms for acquisition, lifestyle and fashion e-tailer Yebhi.com has acquired Stylishyou, an online shop offering fashion jewellery.
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VC-backed SKS Microfinance Ltd has announced a big cutback in operations in Andhra Pradesh, its home state and a region whose local regulations have dealt a major blow to its business after a dream listing on the Indian bourses in late 2010.
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IL&FS Investment Managers Ltd (IIML), the country’s largest homegrown private equity firm by assets under management (AUM), is planning to launch a fresh fund under the banner of Amsterdam’s Euronext-listed Yatra Capital.
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Big VC funds fail to deliver big returns. We have no funds in our portfolio that have raised more than $500m and returned more than 2x our capital after fees.
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