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Blackstone-backed EPL to merge with Indorama firm Indovida in $2-bn deal

New Delhi, March 30 -- Mumbai-listed EPL Ltd, one of the world's biggest manufacturers of laminated tubes, has agreed to merge with Indovida, a plastics packaging company backed by Thailand's Indorama... Read More


Spacetech startup Bellatrix Aerospace pockets $20 mn in pre-Series B

New Delhi, March 30 -- Space-tech startup Bellatrix Aerospace has raised $20 million (around Rs 189 crore) in its pre-Series B growth round led by Cactus Partners. New investors such as 35 North Vent... Read More


ChrysCap-backed CMS Info Systems buys FSS' managed services business

New Delhi, March 30 -- One of the largest cash-management companies in the country CMS Info Systems, which is backed by homegrown private equity firm ChrysCapital, has acquired the ATM managed service... Read More


Bacancy Systems, Sign3, Skillsvest, others raise early-stage funding

New Delhi, March 30 -- Embedded electronics company Bacancy Systems, fraud intelligence startup Sign3, fintech platform Skillsvest, agritech startup Cropcoin Technologies, and manufacturing software f... Read More


JSW Energy acquires rail infrastructure firm via insolvency process

New Delhi, March 27 -- Power producer JSW Energy Ltd has acquired full control of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL), in a Rs. 700.1 crore (around $74.3 million) deal, making the rail... Read More


German lab equipment maker Memlab snaps up Indian firm

New Delhi, March 27 -- German laboratory equipment maker Memlab GmbH expects to boost its manufacturing base in India by striking a deal to acquire a local company that makes equipment for the pharmac... Read More


Amethis acquires West African power solutions provider as SPE Capital exits

New Delhi, March 27 -- Paris-headquartered private-equity firm Amethis, which invests in mid-sized businesses across Africa, the Middle East and Europe, has invested in Cote d'Ivoire or Ivory Coast-ba... Read More


Info Edge floats fund for early-stage deeptech bets

New Delhi, March 27 -- Info Edge (India) Ltd, a backer of new-age companies such as Zomato parent Eternal Ltd and Policybazaar parent PB Fintech Ltd, has approved a fresh commitment to its new early-s... Read More


Sula Vineyards buys Louis Vuitton unit's Nashik estate

New Delhi, March 26 -- India's largest wine producer, Sula Vineyards, has agreed to acquire Moet Hennessy India (MHI) Private Ltd's Nashik estate for Rs 20 crore (approximately $2 million) to bolster ... Read More


Peak XV leads Plum's Series B funding round

New Delhi, March 26 -- Bengaluru-based Plum Benefits Pvt. Ltd, an employee health benefits platform, has raised Rs 193 crore (around $20.5 million) in its Series B funding round led by existing ventur... Read More