IndiaPE.com

MTR Foods sells for $100 million

Norwegian Orkla ventures into India with the acquisition of MTR Foods, providing private equity firms JPMorgan Partners and Aquarius with a profitable exit.

TR Foods has been sold to Orkla of Norway, concluding a deal under peculation for the better … […]

Avendus India to invest in outsourcing sector

Private equity fund and investment banking firm Avendus Advisors Pvt Ltd said its $200 million fund will invest in India's outsourcing sector, its chief said on Friday.

The fund was launched in December in association with US-based venture capitalist Mayfield … […]

Chrys Cap selling BPO to Aegis

Private equity major Chrys Capital and other investors are selling credit Global Vantedge to the Essar-owned Aegis Communications for around Rs 100 crore. Chrys Capital, which owns 75% in Global Vantedge, had set up the BPO in 2001. It’s headquarters are based in the US and it employs 1,500 people in tow centres in Gurgaon.

It specialises in credit and receivable management and its customers include credit card companies, telcos, and auto companies primarily in the US and Uk. […]

IT sector to get full govt backing

The IT sector has everything to be happy about. The government’s policy framework for the software industry will continue to be supportive and enabling, rather than be a barrier to progress and innovation, Prime Minister Manmohan Singh said at the … […]

Avendus floats $ 200 mn India specific fund

Mumbai, Feb. 9 (PTI): Leading Indian investment bank Avendus Advisors today said that it is in the process of floating a 200 million dollar India specific fund for investing in diversified sectors.

“We are in the process of an India … […]

Morgan Stanley invests Rs 675 cr in Oberoi Constructions

In one of the largest private equity deals in real estate sector, Morgan Stanley Real Estate has invested Rs 675 crore in Mumbai-based Oberoi Constructions for an undisclosed stake. There were a total of 14 funds in the bid for … […]

India emerges top destination for private equity in January

Mumbai: India has emerged as the most favoured private-equity destination attracting $1.24 billion worth of investments in January, surpassing China and Japan, according to a study published by the Asian Venture Capital Journal (AVCJ).

India topped the PE investment ranking … […]

GIC, IDFC buying 25% of Quipo Infra

MUMBAI: Government of Singapore Investment Corporation (GIC) and IDFC are close to buying about 25% stake in Quipo Infrastructure Equipment (QIEL) for $50m. A large part of the investment will go to Quipo’s telecom infrastructure business, sources told ET.

Both … […]

JM Financial fund invests USD 200 mn in two firms

JM Financial India Fund, a USD 200 million (about Rs 9,000 million) private equity fund sponsored by JM Financial and Old Lane Partners, has decided to make two new investments, reports Business Standard.

The fund has invested Rs 1,200 … […]

Categories

Archives

Contact us

Avendus India to invest in outsourcing sector

MTR Foods sells for $100 million

Avendus India to invest in outsourcing sector

Chrys Cap selling BPO to Aegis

IT sector to get full govt backing

Avendus floats $ 200 mn India specific fund

Morgan Stanley invests Rs 675 cr in Oberoi Constructions

India emerges top destination for private equity in January

GIC, IDFC buying 25% of Quipo Infra

JM Financial fund invests USD 200 mn in two firms

Subscribe

Post your messages.Please refrain from posting offensive messages. IndiaPE accepts no liability for the consequences of your reliance on these postings and messages.

Recent Posts