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Natco to buy $226 mn stake in South African drugmaker Adcock Ingram

New Delhi, July 24 -- Indian pharmaceutical company Natco Pharma Ltd has decided to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings Ltd for about Rs 2,000 crore, or almost $226 million... Read More


Tilaknagar Industries to acquire Imperial Blue whisky from Pernod Ricard

New Delhi, July 24 -- Tilaknagar Industries Ltd, an Indian manufacturer of foreign liquor that sells the Mansion House Brandy, has agreed to acquire the 25-year-old Imperial Blue brand of whiskies fro... Read More


Good Glamm restructuring fails as lenders take charge, to sell all brands separately

New Delhi, July 23 -- Once a poster child of India's direct-to-consumer (D2C) boom, online beauty and wellness platform The Good Glamm Group is now facing a dramatic collapse. Despite achieving unicor... Read More


Warburg-backed Micro Life Sciences gets $200 mn from ADIA as valuation jumps

New Delhi, July 21 -- Abu Dhabi Investment Authority, a sovereign wealth fund of the Gulf emirate, has agreed to buy a 3% stake in medical technology firm Micro Life Sciences Pvt Ltd for $200 million ... Read More


ChrysCap-backed Corona Remedies acquires seven brands from Bayer

New Delhi, July 17 -- Ahmedabad-based pharmaceutical company Corona Remedies Pvt Ltd, backed by private equity firm ChrysCapital, outbid several contenders to acquire seven brands from German pharma m... Read More


Multiples PE inks control deal for luggage maker VIP Industries

New Delhi, July 14 -- A group of investors led by private equity firm Multiples Alternate Asset Management has struck a deal to pick up a controlling stake in luggage manufacturing company VIP Industr... Read More


Healthy food brand Khetika bags $18 mn in Series B round

New Delhi, July 7 -- Healthy snack and staples brand Khetika said Monday it has bagged $18 million (approximately Rs 154.6 crore) in its Series B funding round led by Narotam Sekhsaria Family Office a... Read More


Amitabh Kant joins Fairfax as senior advisor

New Delhi, June 27 -- Canadian investment holding company Fairfax has appointed Amitabh Kant, who recently stepped down as India's G20 sherpa, as a senior advisor to support its long-term investment s... Read More


Creaegis leads Series C funding in jewellery brand Giva

New Delhi, June 25 -- Silver and gold jewellery retailer Giva said Wednesday it has raised Rs 530 crore ($61.7 million) in its Series C funding round led by growth-stage private equity investor Creaeg... Read More


Sixth Sense Ventures backs agritech firm Eeki Foods

New Delhi, June 24 -- Consumer-focused venture capital firm Sixth Sense Ventures has joined the cap table of agritech startup Eeki Foods, bolstering its plans to diversify crop varieties and expand in... Read More