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Debjyoti Roy

Everstone-backed OmniActive buys majority stake in fragrance maker Indfrag

Consumer

09 January, 2017

Everstone-backed OmniActive buys majority stake in fragrance maker Indfrag

Mumbai-based nutraceuticals ingredients company OmniActive Health Technologies Ltd has acquired a majority stake in fragrance and specialty chemical manufacturer Indfrag ......

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ICICI Venture in talks to invest in bakery chain

Consumer

06 January, 2017

ICICI Venture in talks to invest in bakery chain

ICICI Venture, the private equity arm of ICICI Bank, is in advanced talks to acquire a stake in a Mumbai-based ......

Mahindras exit JV with auto components maker Sona Group

Manufacturing

06 January, 2017

Mahindras exit JV with auto components maker Sona Group

Auto-to-software conglomerate Mahindra Group has exited a joint venture it had formed with auto components maker Sona Group nearly two ......

Five developments that will shape consumer sector

Consumer

06 January, 2017

Five developments that will shape consumer sector

2016 was a mixed bag for the Indian economy, particularly the consumer sector, dragged down by sluggish rural demand and ......

SRS Group puts multiplex business on the block

TMT

06 January, 2017

SRS Group puts multiplex business on the block

Diversified consumer services firm SRS Ltd has decided to put its multiplex business on the block to trim debt and ......

Supply chain solutions firm LEAP India raises another $13 mn

Infrastructure

06 January, 2017

Supply chain solutions firm LEAP India raises another $13 mn

LEAP India Pvt Ltd, a Mumbai-based supply chain solutions company, has raised Rs 88.34 crore ($13 million) in its Series ......

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Kitara Capital spends $18.5 mn bottom-fishing listed firms

General

05 January, 2017

Kitara Capital spends $18.5 mn bottom-fishing listed firms

Mumbai-based private equity firm Kitara Capital Pvt Ltd, which invests mainly in publicly listed companies, has used part of the ......

Hong Kong-based K2 Investments invests in IoT and SaaS startup TempoGO

TMT

03 January, 2017

Hong Kong-based K2 Investments invests in IoT and SaaS startup TempoGO

TempoGO, an IoT and SaaS-based solutions provider for commercial transportation, has raised its seed round of funding from a clutch ......

Govt directive on service charge may prompt restaurants to raise prices

Consumer

03 January, 2017

Govt directive on service charge may prompt restaurants to raise prices

The hospitality industry seems unfazed by the central government’s advisory on the service charge levied by restaurants, with many chains ......

Social impact investor Aavishkaar to raise $100-150 mn for Africa investments

General

03 January, 2017

Social impact investor Aavishkaar to raise $100-150 mn for Africa investments

Aavishkaar Venture Management, an investment firm that backs enterprises working in rural areas, will raise between $100 million (Rs 681 ......