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Gulf Capital exits Kuiper Group in $9.25-mn deal with Asian Energy Services

New Delhi, April 21 -- UAE-based private equity firm Gulf Capital, which manages over $3.1 billion (Rs 26,300 crore) in assets, has exited its investment in Kuiper Group, an offshore manpower outsourc... Read More


ValueQuest infuses fresh capital into solar firm Jupiter International

New Delhi, April 14 -- Mumbai-based boutique equity investor ValueQuest, which closed its maiden private equity fund in February this year, has backed IPO-bound solar cell manufacturer Jupiter Interna... Read More


Zerodha's Nikhil Kamath invests in Essar firm GreenLine Mobility

New Delhi, April 10 -- Zerodha co-founder Nikhil Kamath is investing $20 million (around Rs 172 crore) in a green logistics company promoted by the Ruia family-owned Essar Group as part of a larger fu... Read More


Peak XV, Valar-backed ShopUp to merge with Sary; PIF's Sanabil leads $110-mn funding

New Delhi, April 9 -- Bangladeshi B2B commerce platform ShopUp, which is backed by Indian venture capital firm Peak XV Partners and Peter Thiel's Valar Ventures, is merging with Saudi B2B marketplace ... Read More


Canadian pension funds CPPIB, OTPP invest another $485 mn in NHAI InvIT

New Delhi, March 27 -- Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan (OTPP) have invested a total of Rs 4,160 crore (around $485 million) in a follow-on investment ro... Read More


Hero MotoCorp to invest $60 mn in BII, Blume-backed Euler Motors

New Delhi, March 21 -- Hero MotoCorp Ltd, India's biggest two-wheeler maker and the top shareholder of electric scooter maker Ather Energy, has entered the electric three-wheeler segment with a Rs 525... Read More


Singularity's PE fund bets on Bhilwara Energy

New Delhi, March 10 -- Mumbai-based investment firm Singularity AMC, backed by stock market investor Madhusudan Kela and led by son Yash Kela, has agreed to invest up to Rs 500 crore ($57.3 million) i... Read More


Brookfield to sell 1.6GW India renewable energy assets to Gentari

New Delhi, March 5 -- Canadian alternative investment firm Brookfield Asset Management has struck a deal to sell a portfolio of 1.6GW solar and wind assets in India to Malaysian green energy company G... Read More


BluSmart founders' Gensol faces corporate governance concerns, stock slumps

New Delhi, March 5 -- Gensol Engineering Ltd (GEL), the flagship engineering, procurement and construction (EPC) company of Gensol Group, founded by BluSmart co-founders Puneet Singh Jaggi and Anmol S... Read More


Blackstone trims stake in EPL for $220 mn as Indorama gets on board

New Delhi, Feb. 24 -- Private equity firm Blackstone said Monday it has agreed to sell a minority stake in Indian specialty packaging and laminated tube maker EPL Ltd to a unit of Indorama Ventures Pu... Read More