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Burmans to float $150m PE fund

The sons of Dabur India chairman VC Burman—Mohit and Gaurav—are floating a private equity fund to invest in Indian companies. Even though a source close to Mohit Burman said it was premature to comment on the fund, an international media … […]

3i plans to invest $5 bn in core sector

The world’s largest listed player in the private equity (PE) and venture capital (VC) business, 3i, is planning a booster shot for India’s infrastructure. The UK-based company has indicated to the Indian government that it would invest over $5 billion … […]

Ptarmigan expands in run-up to fund launch

Ptarmigan Capital , the alternative asset management firm launched earlier this year, has expanded its staff as it prepares to launch its first fund in India's booming real estate sector.

 Arvind Bajaj has been hired as principal for … […]

India breaks into top 10 M&A league

The M&A fever seems to be scaling new heights. India has now broken into the league of top 10 markets globally for M&As in the first quarter of this calendar year. […]

Realty bug bites JM Financial

After parting ways with Morgan Stanley, the Nimesh Kampani-controlled JM Financial has lost no time in developing one of its new focus areas, real estate.

The group’s $400-million real estate fund, Infinite Investment Management, has invested close to $60 million … […]

Educomp acquires 76 pc stake in ThreeBrix

E-learning solutions provider, Educomp Solutions, today said it has acquired 76 per cent stake in ThreeBrix E-Services Pvt Ltd. […]

Indian Realty Fund to invest $100m

India’s IL&FS Realty Fund said on Tuesday it would invest $100 million in a start-up property developer QVC Realty Ltd that would build hotels, homes and townships.

IL&FS Realty, the real estate fund of private equity firm IL&FS Investment Managers … […]

Carlyle eyeing Cambridge Sol.

According to unconfirmed media reports, Carlyle Group, a US-based private equity investment firm, and Ramesh Vangal, a co-founder of Cambridge Solutions and an 18 percent shareholder in the company, have jointly made a bid to acquire a 42 percent stake … […]

US private equity firm Jacob Ballas to buy stake in Avesthagen

US private equity firm Jacob Ballas Capital (JBC) may soon acquire a minority stake in Avestha Gengraine Technologies (Avesthagen), the biotech firm for $10 million.

JCB is an India focused private equity firm floated by New York Life Investment Management … […]

Venture capitalists line up for online biz

Indian start-ups that use the Internet and mobile phones to sell their products and services are attracting large funds from venture capitalists, raising the spectre of a bubble similar to the one that destroyed the budding Internet commerce industry at the turn of the millennium.

In 2006, venture capitalists (VCs) struck 30 deals worth a total of $200 million; money they believe would multiply as Internet and mobile phones proliferate in the world's second fastest growing major economy.

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