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Alvarez & Marsal hires former KPMG cybersecurity veteran

New Delhi, Feb. 25 -- Professional services firm Alvarez & Marsal (A&M) India has appointed Chandra Prakash Suryawanshi as managing director to head its disputes and investigations practice. Suryawan... Read More


BluSmart co-founders' green energy firm Gensol to sell US unit

New Delhi, Feb. 25 -- BluSmart Mobility co-founders Puneet Singh Jaggi and Anmol Singh Jaggi's listed renewable energy firm Gensol Engineering will hive off its US subsidiary for Rs 350 crore. Gensol... 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


Angel funds may soon get to tap into a wider pool of investors

New Delhi, Feb. 24 -- The Securities and Exchange Board of India has proposed to allow angel funds to tap into a wider pool of investors for raising capital to invest in startups. The capital markets... Read More


KKR to take control of Healthcare Global as CVC Capital scores another exit

New Delhi, Feb. 24 -- Private equity firm KKR has agreed to acquire a controlling stake in oncology hospital chain Healthcare Global Enterprises Ltd from European buyout firm CVC Capital. As part of ... Read More


Mobikwik invests in Blostem, KiranaPro kicks off seed round

New Delhi, Feb. 24 -- Mobikwik has backed a banking infrastructure platform, while quick-commerce startup KiranaPro has added badminton player PV Sindhu as an investor in an early-stage round. Bloste... Read More


Good Glamm sells digital media platform ScoopWhoop

New Delhi, Feb. 24 -- Good Glamm Group, the beauty and personal care company backed by several venture capital and private equity firms, has sold its digital media platform ScoopWhoop Media Pvt Ltd to... Read More


Singapore's CapitaLand REIT set to acquire office asset in Bengaluru

New Delhi, Feb. 24 -- Singapore-based investor CapitaLand's India-focused real estate investment trust (REIT) has expanded its Bengaluru portfolio by investing in an office project in the Outer Ring R... Read More


Investcorp appoints former Tech Mahindra exec as senior operating partner

New Delhi, Feb. 24 -- Bahrain-based alternative investment firm Investcorp has appointed former Tech Mahindra executive Vivek Agarwal its Senior Operating Partner for India operations. Agarwal will l... Read More


Sourcing platform Geniemode raises $50 mn led by Multiples PE, others

New Delhi, Feb. 24 -- Apparel sourcing platform Geniemode has raised $50 million (around Rs 433 crore) in a Series C round, led by private equity firm Multiples, Fundamentum, Paramark Ventures and Inf... Read More