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Adani Ports acquires Jaypee Fertilizers unit; Hexaware snaps up UK consulting firm

New Delhi, May 21 -- Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a deal to acquire Jaypee Fertilizers & Industries Ltd (JFIL) as part of the broader resolution plan for bankrupt Jaipr... Read More


Lightspeed-backed Centricity in talks for fresh funding, plans NBFC foray

New Delhi, May 21 -- Centricity Wealth Tech Pvt Ltd, a wealth management company backed by venture capital firm Lightspeed India Partners and some family offices, is in active discussions with multipl... Read More


Sundev Renewables founder Sunil Jain on deal trends and why he doesn't make five-year plans

New Delhi, May 18 -- Sunil Jain, founder and partner at Sundev Renewables LLP, is a veteran in India's renewable energy sector with over three decades of experience. He previously served as CEO and ex... Read More


Lightspeed tastes a lemon as debut India fund exits nine-year-old bet

New Delhi, May 18 -- Silicon Valley venture capital firm Lightspeed Venture Partners has exited a company that it first backed nine years ago from its maiden India fund even as it starts raising a new... Read More


Inox Clean Energy inks $750 mn deal to acquire Boviet Solar's US assets

New Delhi, May 15 -- India's Inox Clean Energy has acquired the US solar manufacturing assets of Boviet Solar Technology LLC for an enterprise value of about $750 million (Rs 7,195 crore), giving the ... Read More


IRB Infrastructure Trust to transfer two toll road assets to IRB InvIT Fund

New Delhi, May 15 -- IRB Infrastructure Trust, a privately listed infrastructure investment trust backed by Singapore's sovereign wealth fund GIC and Spain's Ferrovial through its toll road arm Cintra... Read More


Alpha Alts-backed highways InvIT acquiring more road assets

New Delhi, May 14 -- Anantam Highways Trust, an infrastructure investment trust (InvIT) created by asset management firm Alpha Alternatives and road developer Dilip Buildcon Ltd, is set to substantial... Read More


GEF Capital-backed Premier Energies scraps deal to acquire K-Solare

New Delhi, May 12 -- Premier Energies Ltd, an Indian solar cell and module manufacturer backed by private equity firm GEF Capital Partners, has terminated its planned acquisition of solar inverter mak... Read More


I Squared eyes transmission platform in India, builds on infrastructure bets

New Delhi, May 11 -- Infrastructure-focussed private equity firm I Squared Capital is preparing to launch a dedicated power transmission platform in India, according to several industry executives, ex... Read More


US-based Cerberus elevates insider to head India ops

New Delhi, May 7 -- New York-headquartered alternative investment firm Cerberus Capital Management has appointed longtime executive Rahul Sangwan as head of its India business, VCCircle has learnt. S... Read More