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Blackstone to buy minority stake in Federal Bank

New Delhi, Oct. 24 -- Alternative asset manager Blackstone will acquire a 9.99% stake in Federal Bank for nearly Rs 6,196 crore (around $716 million). The investment will be made via Blackstone affil... Read More


Amicus-backed Berar Finance raises $17 mn; new investors enter captable

New Delhi, Oct. 22 -- Nagpur-headquartered non-banking lender Berar Finance has raised Rs 150 crore (around $17 million) led by Norwegian Fund Abler Nordic, along with participation from First Bridge ... Read More


Medi Assist Healthcare gets new investor on board after Bessemer's exit

New Delhi, Oct. 14 -- Medi Assist Healthcare Services Ltd, a health insurance third-party administrator, has raised Rs 198 crore (about $22 million) from an endowment fund of the Massachusetts Institu... Read More


MIT, its affiliate invest $22 million in Medi Assist Healthcare

New Delhi, Oct. 14 -- Massachusetts Institute of Technology(MIT) and its affiliate 238 Plan Associates have invested $22 million (around Rs 195 crore) in Medi Assist Healthcare Services, which had ear... Read More


Equirus merges with Sapient Finserv, expands wealth management ops

New Delhi, Oct. 13 -- Mumbai-based diversified financial services entity Equirus Group has merged with Sapient Finserv Group with the aim to enhance its presence in the wealth management and family of... Read More


Equirus merges with Sapient Finserv; expands wealth management ops

New Delhi, Oct. 13 -- Mumbai-based diversified financial services entity Equirus Group has merged with Sapient Finserv Group with the aim to enhance its presence in the wealth management and family of... Read More


Abu Dhabi's IHC to take controlling stake in Sammaan Capital for $1 bn

New Delhi, Oct. 3 -- International Holding Company (IHC), an investment firm based in Abu Dhabi, has inked a deal to acquire a 41.2% stake in Indian non-bank lender Sammaan Capital for Rs 8,850 crore ... Read More


Vitruvian Partners picks up stake in Hiranandani Financial

New Delhi, Sept. 30 -- Indian non-bank lender Hiranandani Financial Services Pvt Ltd said Tuesday it has raised Rs 800 crore ($91.5 million) from London-headquartered private equity firm Vitruvian Par... Read More


US firm Ryan buys majority stake in Dhruva Advisors; PE-backed Entero inks M&A

New Delhi, Sept. 29 -- Mumbai-based tax advisory firm Dhruva Advisors and OrbiMed-backed Entero Healthcare Solutions announced separate deals on Monday. Dhruva Advisors-Ryan US-headquartered global ... Read More


Crisil to acquire Canada's McKinsey PriceMetrix for $38 mn

New Delhi, Sept. 25 -- Credit rating and research firm Crisil Ltd has inked a deal to acquire McKinsey PriceMetrix Co, a Canada-based step-down subsidiary of McKinsey & Co. Mumbai-listed Crisil, majo... Read More