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Blackstone-backed Nexus Select REIT takes over Bengaluru mall

New Delhi, Feb. 14 -- Blackstone-backed Nexus Select Trust, the only listed retail-focused real estate investment trust (REIT) in India, has completed the acquisition of a shopping mall in Bengaluru f... Read More


SpotDraft collects $54 mn from Vertex Ventures, others

New Delhi, Feb. 13 -- Contract lifecycle management firm SpotDraft, which is backed by marquee investors such as Wipro founder-chairman Azim Premji's PremjiInvest and global investment firm Prosus Ven... Read More


CapGrid, Anscer Robotics get funding; Paras Defence bets on Logic Fruit

New Delhi, Feb. 13 -- CapGrid Solutions, which helps manufacturers design, source, and deliver precision components, and robotics startup Anscer Robotics have raised early-stage funding, the companies... Read More


Prosus hitching a ride on mobility unicorn Rapido

New Delhi, Feb. 13 -- Ride-hailing platform Rapido, which entered the unicorn club last year, has secured Rs 250 crore ($28.8 million) in fresh capital from Dutch technology investor Prosus NV as a pa... Read More


Carlyle creates India auto parts platform with Highway-Roop Automotives buyout

New Delhi, Feb. 13 -- Private equity firm Carlyle said Thursday it has forayed into India's auto parts industry with the acquisition of a controlling stake in a company created by merging two componen... Read More


CVC Capital to sell majority stake in IPL team Gujarat Titans to Torrent

New Delhi, Feb. 12 -- Private equity firm CVC Capital has agreed to sell a 67% stake in the Indian Premier League cricket franchise team Gujarat Titans to Ahmedabad-based Torrent Group, a little more ... Read More


WestBridge leads Series A funding in cloud storage startup Lucidity

New Delhi, Feb. 12 -- Cloud storage management platform Lucidity has raised $21 million (about Rs 183 crore) in its Series A round of funding led by homegrown private equity firm WestBridge Capital, w... Read More


NIIF, BII, Eversource to exit Ayana Renewable in $2.3-bn deal

New Delhi, Feb. 12 -- The National Investment and Infrastructure Fund (NIIF), British International Investment and private equity firm Eversource Capital have agreed to sell their renewable energy pla... Read More


NIIF plans maiden private credit fund, targets $2-bn corpus

New Delhi, Feb. 12 -- The government-backed National Investment and Infrastructure Fund (NIIF) is planning to raise $2 billion under its maiden private credit fund that would make it India's largest s... Read More


What the CCI's concerns over common ownership mean for private equity deals

New Delhi, Feb. 12 -- Gone are the days when private equity investments were considered entirely benign from an antitrust perspective. Over the last five years, the Competition Commission of India (CC... Read More