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Deals Digest: Big-ticket deal lifts funding value this week

General

11 August, 2023

Deals Digest: Big-ticket deal lifts funding value this week

Private equity and venture capital funding rose marginally in the week gone by, primarily owing to one big-ticket transaction. In the ......

GIC picks up minority stake in Max Financial Services

Finance

18 June, 2021

GIC picks up minority stake in Max Financial Services

Singaporean sovereign wealth fund GIC Pte Ltd has acquired a promoter’s stake in Max Financial Services Ltd, the publicly listed ......

Axis Bank becomes co-promoter of Max Life Insurance Company

Finance

06 April, 2021

Axis Bank becomes co-promoter of Max Life Insurance Company

Axis Bank, India’s third largest private sector bank, together with subsidiaries Axis Capital and Axis Securities, has picked up a ......

Axis Bank to buy stake in Max Bupa Health's promoter

Finance

15 March, 2021

Axis Bank to buy stake in Max Bupa Health's promoter

Bain Capital-backed Axis Bank will acquire a 9.9% stake in the promoter entity of Max Bupa Health Insurance Company for ......

Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens

General

26 June, 2020

Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens

State-owned GAIL (India) Ltd plans to acquire close to 26% stake as a promoter in India’s first natural gas exchange ......

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

General

20 February, 2020

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

Private equity funds including Apax Partners and Kedaara Capital are in early discussions to acquire US-headquartered IT company CSS Corp., ......

Max Life Insurance buys office building in Pune

Infrastructure

16 May, 2018

Max Life Insurance buys office building in Pune

Max Life Insurance Company Ltd has acquired a pre-leased commercial building spread over 1.79 lakh sq ft in Pune, the ......

True North eyes 40% in Royal Sundaram; KKR India realty co-head Khandelia quits

General

01 May, 2018

True North eyes 40% in Royal Sundaram; KKR India realty co-head Khandelia quits

Homegrown private equity firm True North and its global sponsors have made a bid of about $400 million (Rs 2,660 ......

Max Life closer to buying IDBI Federal Life; IvyCap explores cross-border fund

General

13 February, 2018

Max Life closer to buying IDBI Federal Life; IvyCap explores cross-border fund

Max Life Insurance Company Ltd has emerged as the frontrunner to acquire or pick up a majority stake in IDBI ......

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With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max

Finance

15 September, 2017

With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max

Goldman Sachs has sold its remaining stake in Max Financial Services Ltd, which houses the group’s Max Life Insurance business, ......