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JSW Cement backer Synergy Capital hits first close of $1 bn private credit fund

New Delhi, May 6 -- Synergy Capital, a Dubai-based private equity fund manager set up by former ArcelorMittal executive Sudhir Maheshwari, has marked the first close of its latest Asia-focused private... Read More


Marriott makes first direct investment in India, picks stake in Fern Hotels operator

New Delhi, May 6 -- Global hospitality giant Marriott International Inc has made its first direct investment in India as it picked up a stake in hotels operator Concept Hospitality Pvt Ltd. Marriott ... Read More


UK's BII appoints former Omidyar Network partner to helm India ops

New Delhi, April 30 -- British International Investment (BII), the UK government-backed development finance institution, has appointed a former partner at impact investment firm Omidyar Network as its... Read More


Franklin Templeton marks first close of maiden India credit fund

New Delhi, April 29 -- Global asset manager Franklin Templeton's alternative investment arm, which manages its India alternatives business, has marked the first close of its maiden private credit fund... Read More


Piramal Alts bets on pharma company Saimirra Innopharm

New Delhi, April 29 -- Piramal Alternatives, the fund management unit of Piramal Group, said Tuesday it has invested about Rs 160 crore ($18.8 million) in Chennai-based Saimirra Innopharm Pvt Ltd thro... Read More


The Park Hotels operator adds Z Luxury Residences to hospitality portfolio

New Delhi, April 24 -- 360 One-backed Apeejay Surrendra Park Hotels, the operator of The Park Hotels, announced on Wednesday that it has entered into an agreement to acquire Mumbai-based Zillion Hotel... Read More


HDFC Capital forms $175 mn platform with Eldeco Group

New Delhi, April 14 -- HDFC Capital Advisors Ltd, the real estate private equity arm of HDFC Bank, has created a Rs 1,500-crore (about $175 million) development platform with a unit of New Delhi-based... Read More


Arnya RealEstates backs Bengaluru project in second bet from maiden fund

New Delhi, April 14 -- Arnya RealEstates Fund Advisors, an investment firm led by former Motilal Oswal Alternates' executive Sharad Mittal, has invested in a residential housing project being develope... Read More


Fractional ownership platform hBits gets regulatory nod for SM REIT

New Delhi, April 9 -- Fractional ownership platform hBits Proptech Pvt Ltd has received regulatory approval to launch its small and medium real estate investment trust (SM REIT) for a public listing, ... Read More


PE-backed IndiQube, Ganesh Consumer's IPO plans move ahead; EAAA Alts hits a hurdle

New Delhi, April 1 -- Private equity firm WestBridge Capital-backed IndiQube Spaces Ltd and Motilal Oswal Alternates-backed Ganesh Consumer Products Ltd have received regulatory nod to float their ini... Read More