Debjyoti Roy
Consumer
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 ......
Consumer
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 ......
Manufacturing
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 ......
Consumer
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 ......
TMT
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 ......
Infrastructure
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 ......
General
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 ......
TMT
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 ......
Consumer
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 ......
General
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 ......