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Blackstone-backed EPL to merge with Indorama firm Indovida in $2-bn deal

New Delhi, March 30 -- Mumbai-listed EPL Ltd, one of the world's biggest manufacturers of laminated tubes, has agreed to merge with Indovida, a plastics packaging company backed by Thailand's Indorama... Read More


Sula Vineyards buys Louis Vuitton unit's Nashik estate

New Delhi, March 26 -- India's largest wine producer, Sula Vineyards, has agreed to acquire Moet Hennessy India (MHI) Private Ltd's Nashik estate for Rs 20 crore (approximately $2 million) to bolster ... Read More


KKR to invest $310 mn in PMI Electro's e-bus platform Allfleet India

New Delhi, March 18 -- Private equity firm KKR said it would invest $310 million (approximately Rs 2,865 crore) in Rewari-based electric commercial vehicle manufacturer PMI Electro's e-bus platform Al... Read More


QSR chain Burger Singh raises Series B funding from Artal Asia

New Delhi, March 18 -- Homegrown burger chain Burger Singh has raised Rs 82 crore ($8.9 million) in a Series B funding round led by Singapore-based investment firm Artal Asia. Existing investor Negen... Read More


US cosmetics major Estee Lauder to fully acquire India's Forest Essentials

New Delhi, March 5 -- US-based cosmetics maker The Estee Lauder Companies Inc. will acquire the 51% stake it doesn't already own in Indian personal care and beauty brand Forest Essentials, the compani... Read More


Blackstone controlled-IGI to buy US gemstone testing firm

New Delhi, Feb. 2 -- Diamond certification firm International Gemmological Institute (India) Ltd has struck a deal to acquire US-based gemstone testing company American Gemological Laboratories (AGL) ... Read More


Marico to acquire PVR Inox's majority stake in premium popcorn brand 4700BC

New Delhi, Jan. 27 -- Fast-moving consumer goods (FMCG) major Marico Ltd will acquire a majority stake in premium popcorn brand 4700BC from multiplex chain operator PVR Inox. PVR Inox had initially a... Read More


Veteran investment banker joins Investec India in non-executive role

New Delhi, Jan. 15 -- Veteran investment banker Ravi Kapoor, who heads Ravi Kapoor's Strategic Advisory & Capital Solutions Partners Pvt. Ltd. (SACS Partners), has joined Investec Capital Services (In... Read More


Uday Kotak's family office acquires US snacking firm Go Raw

New Delhi, Jan. 13 -- USK Capital, the family office of Kotak Mahindra Bank founder Uday Kotak, has acquired a majority stake in Illinois, US-based clean-label snacking firm Go Raw. The family office... Read More


PE firm Creaegis joins as anchor investor in SaaS company Amagi Labs

New Delhi, Jan. 13 -- Homegrown private equity firm Creaegis has come on board Bengaluru-based media technology startup Amagi Labs as an anchor investor as the software-as-a-service (SaaS) firm heads ... Read More