“The Federal Bank board has approved 26% strategic investment by private equity player True North in its wholly owned subsidiary - FedBank Financial Services (FedFina), a move that will help the company to grow its loans,” according to reports.

“Education services provider Nspira Management Services Pvt. Ltd has raised $75 million in a round led by Morgan Stanley Private Equity Asia and Banyan Tree Growth Capital II, the company said,” reported Mint.

“Greenko Group has agreed to buy Orange Renewable from Singapore’s AT Capital Group at an enterprise value of $1 billion, Greenko Group founder Mahesh Kolli said,” reported Mint in June.

UK insurance company Legal & General Group Plc sold its 26% stake in IndiaFirst Life Insurance to private equity giant Warburg Pincus for Rs 710.54 crore, reported moneycontrol.

Cyril Amarchand Mangaldas Delhi partner Harsh Kumar, who had resigned in September, has joined Shardul Amarchand Mangaldas.

“GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million),” according to Mingtiandi, giving it a 5% stake in the company, which issued fresh shares for the acquisition.

US-based PE firm Warburg Pincus has acquired an indirect minority stake in Fusion Micro Finance Private Limited, an MFI based out of Delhi, through a primary subscription as well as secondary acquisition from certain early stage investors., according to reports . KT Advisors advised Fusion Micro Fin...

“PremjiInvest, the family office of Wipro chair Azim Premji, has picked up 6% stake in Future Retail Ltd, the company said. PremjiInvest bought the stake in a bulk deal from Cedar Support Services Ltd, a subsidiary of Bharti Ventures Ltd,” according to Mint.

“Hindusthan National Glass & Industries Ltd on Wednesday said it has entered into a share purchase agreement for divesting its entire 11.23% holding in HNG Float Glass Limited, which was a joint venture company between Hindusthan National Glass and Turkey-based float glass manufacturer Trakya C...

“Stockholm-based Truecaller, owned by True Software Scandinavia AB, on Wednesday acquired Mumbai-based mobile payments start-up Chillr (Backwater Technologies Pvt Ltd) for an undisclosed amount,” according to Mint . Cyril Amarchand Mangaldas advised Truecaller (True Software Scandinavia AB) led by a...

“Private sector lender IndusInd Bank Ltd on Tuesday said that it has signed a share purchase agreement with Infrastructure Leasing and Financial Services Limited, (IL&FS) and other minority shareholders to acquire 100% of IL&FS Securities Services Limited, (ISSL), a subsidiary of IL&F...

“Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and part of the Adani Group, announced that it has executed a Share Purchase Agreement between Larsen and Toubro Ltd, Marine Infrastructure Developer Pvt. Ltd (MIDPL), L&T Shipbuilding Ltd and Adani Kattupalli Port Pvt. Ltd to acquire 97 per cent shares of MIDPL. MIDPL is the developer and operator of Kattupalli Port,” according to Steelguru.

“Manappuram Finance Ltd, Kerala-based gold finance non-banking financial company (NBFC), has acquired an 85% stake in Indian School Finance Co. (ISFC) from existing impact investors Gray Matters Capital and Caspian, the companies said in a statement,” according to Mint . Cyril Amarchand Mangaldas ad...

Standard Chartered Financial Holdings, Singapore (SCFH) (through, Standard Chartered Private Equity Advisor y (India) Private Limited) invested 49.99% in Tek Travels Private Limited, a B2B travel services company, according to reports . Cyril Amarchand Mangaldas advised Standard Chartered Financial ...

“The National Company Law Tribunal (NCLT) has approved the bid of AION Capital-JSW Steel to acquire Monnet Ispat & Energy Ltd, providing major relief to the consortium” in the insolvency reported Mint . Cyril Amarchand Mangaldas advised Committee of Creditors (CoC) of Monnet Ispat & Energy...

Adani Logistics Limited proposed a joint venture with NYK Auto Logistics (India) Private Limited (NALI), a subsidiary of Nippon Yusen Kabushiki Kaisha, Japan, through a newly incorporated joint venture company (JVC) that will, amongst other things, undertake business of providing the logistics servi...

“Bus aggregator Shuttl, owned by Super Highway Labs Pvt. Ltd, has raised $11 million led by Amazon India, Amazon Alexa Fund and Dentsu Ventures,” according to Mint . Cyril Amarchand Mangaldas advised Amazon.com NV Investments Holdings LLC led by partner Manan Mehta . 2018-06-18 Deal value: INR 33,50...

“An entity owned by one of the promoters of Barbeque Nation is in advanced talks to acquire Bengaluru-born Italian casual dining restaurant and wine bar Toscano in a rare M&A deal on the gastronomy street, people directly aware of the matter said. Samar Retail, part of Sara Futura Group, contro...

HashInclude Computech Private Limited sold its business division (where it conducted the business of IT/ ITES), as a going concern on a slump sale and debt-free / cash free basis to ConnectWise Inc for $3m, according to Cyril Amarchand Mangaldas. Cyril Amarchand Mangaldas advised ConnectWise Inc led...

“Pune-based Force Motors today said it has agreed to acquire Pithampur-based manufacturing plant of German commercial vehicle maker MAN Trucks for an undisclosed amount. In a regulatory filing, Force said its board has accepted a proposal from MAN Trucks India to sell and transfer certain assets inc...