Piramal Realty to invest Rs 3,500 crore in 3 years to develop mid-market projects in Mumbai
The real estate development arm of the Piramal Group, is planning to invest over Rs 3,500 crore to develop residential projects in Mumbai Metropolitan Region (MMR) over the next 3 years with significant focus on mid-market segment, said a top company official.
Fusion Microfinance raises Rs 500 crore from Warburg Pincus, others
In December 2018, Warburg had invested Rs 520 crore in the company which ...
NSE, Warburg Pincus backed CAMS files draft papers for Rs 1,600 crore IPO
The IPO will be an offer for sale (OFS) of 1,21,64,400 equity share...
Canara Bank calls off Can Fin Homes stake sale
In June, Canara Bank had received board approval to sell part or entire 29.99 per cent stake in the subsidiary.
Warburg-Runwal joint venture names Vrushank Mehta as new CIO
The New York-based private equity major Warburg Pincus LLC is sharpening its focus on India growth and the firm’s $1-billion retail investment joint platform with Runwal Group has appointed a new Chief Investment Officer to help drive expansion.
Fusion MFI gets Rs 500 crore from Warburg, others
Warburg has invested Rs 360 crore in the Fusion, while Creation has put in Rs 160 crore.
Warburg Pincus and Vivtera announce investment in Arise Virtual Solutions
The investment will allow Arise to leverage Vivtera’s expertise in scaling up BPM companies, enhancing the differentiation and delivering superior business outcomes to its Clients using digital technologies.
IndiaFirst keen on disrupting market with alliances: RM Vishakha
We have always been very capital efficient. We have done far more and good business with less capital.
Perfios raises $50 million from Warburg Pincus, Bessemer
The mix of primary and secondary capital has given an exit to some of its angel investors.
TA, Warburg Pincus, ChrysCap shortlisted to buy stake in SRL
In the market, three PE firms in race make offers for acquiring up to 44% in SRL, valuing the diagnostics arm of Fortis at Rs 3,700-4,200 crore, though deal size will depend on quantum of stake finally acquired. Incoming investors will have to fork out at least Rs 1,750 crore but the final deal size will depend on how much stake they eventually acquire
CCI approves stake buy in SBI General Insurance by Napean Opportunities, Honey Wheat
The transaction involves acquisition of 16.01 per cent paid-up share capital of SBI General Insurance by Napean Opportunities and 9.99 per cent by Honey Wheat Investment Ltd, the CCI said in two separate statements.
CDC Group makes $36 million equity investment in Ecom Express
Warburg Pincus-backed Ecom Express is a tech-enabled Indian logistics company.
CAMS investors look for partial exit via IPO
New York-based $79 billion private equity firm Warburg Pincus is the largest shareholder with 43.5 per cent in the company.
PE investments see robust growth in October despite muted M&A activity: Report
Last month, the average deal size stood at USD 52 million, up from USD 28 million recorded in September 2019.
Baring PE Asia emerges as sole bidder for Can Fin Homes, again
In September, CEO R A Sankara Narayanan said the bank had received 12 EoIs and was expecting Rs 1,000 crore for its entire stake. JM Financial and Kotak Mahindra are advising the lenders in the sale process. Can Fin Homes has a market cap of Rs 5,440 crore. At current price, a 30% stake would have fetched Rs 1,632 cr.
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