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PE-owned Sekhmet Pharma gets former Lupin, Shilpa Medicare exec as new CEO

New Delhi, June 4 -- A private equity consortium led by PAG, an Asia-focused investment firm, has announced the appointment of Santosh Kumar Mahil as managing director and CEO of Sekhmet Pharmaventure... Read More


KKR extends $600 mn in credit financing to Manipal Group

New Delhi, June 2 -- Global private equity firm KKR said Monday it has extended $600 million in credit financing to the Manipal Education and Medical Group to help the Ranjan Pai-led business house ac... Read More


PAG elevates India head Srivastava as global private equity co-head

New Delhi, May 29 -- PAG, the Asia-Pacific-focused alternative investment firm, has elevated Nikhil Srivastava, partner and head of India private equity, as co-head of the firm's global PE business, e... Read More


TVS Capital, Paragon, others bet on Saarathi Finance in Series A round

New Delhi, May 28 -- Non-bank lender Saarathi Finance & Credit Pvt Ltd said Wednesday it has raised Rs 475 crore ($55.6 million) in a Series A round from private equity firm TVS Capital and other inve... Read More


South Korea's CJ Logistics increases stake in Indian arm with $32-mn investment

New Delhi, May 26 -- CJ Logistics Corporation, South Korea's largest logistics company, has ramped up its play in India's logistics sector by making a capital infusion into its Indian subsidiary CJ Da... Read More


Waaree Energies to acquire transformer manufacturer for $34 mn

New Delhi, May 20 -- Waaree Energies Ltd, a solar module manufacturer which listed on the stock exchanges late last year, said Tuesday it has struck a deal to Kamath Transformers Pvt Ltd for Rs 293 cr... Read More


Binny Bansal-backed Curefoods acquires pan-India rights for Krispy Kreme

New Delhi, May 13 -- Curefoods, backed by Flipkart co-founder Binny Bansal, has acquired the rights to operate the global doughnut and coffee brand Krispy Kreme across India. The move will strengthen ... Read More


ICICI Prudential AMC to take over PE, VC, real estate funds from ICICI Venture

New Delhi, May 9 -- ICICI Prudential Asset Management Co Ltd is set to take over the private equity, venture capital, and real estate fund management businesses from its group company, ICICI Venture, ... Read More


Bain-controlled Novopor acquires US-based specialty chemicals company

New Delhi, May 7 -- Novopor Advanced Science Pvt Ltd, a performance chemicals and material science company controlled by private equity firm Bain Capital, said Wednesday it has acquired a US-based spe... Read More


Blackstone-backed ASK appoints former Jio-BlackRock exec to lead equity strategy

New Delhi, May 6 -- ASK Investment Managers, an asset and wealth management firm backed by Blackstone, has appointed George Heber Joseph as chief investment officer and CEO of equity. The appointment ... Read More