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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


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


Infosys to acquire US firms Optimum Healthcare, Stratus for $560 mn

New Delhi, March 26 -- Infosys Ltd, India's second-largest IT services firm, has entered into separate agreements to acquire US-based technology companies Optimum Healthcare IT and Stratus Global LLC ... Read More


ValueQuest elevates exec to co-founder, managing partner for PE business

New Delhi, March 26 -- Mumbai-based ValueQuest Group, the public markets investor that entered the alternative investment space only few years ago with its debut private equity fund, has elevated Anik... Read More