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JSW Energy acquires rail infrastructure firm via insolvency process

New Delhi, March 27 -- Power producer JSW Energy Ltd has acquired full control of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL), in a Rs. 700.1 crore (around $74.3 million) deal, making the rail... Read More


German lab equipment maker Memlab snaps up Indian firm

New Delhi, March 27 -- German laboratory equipment maker Memlab GmbH expects to boost its manufacturing base in India by striking a deal to acquire a local company that makes equipment for the pharmac... Read More


Amethis acquires West African power solutions provider as SPE Capital exits

New Delhi, March 27 -- Paris-headquartered private-equity firm Amethis, which invests in mid-sized businesses across Africa, the Middle East and Europe, has invested in Cote d'Ivoire or Ivory Coast-ba... Read More


Info Edge floats fund for early-stage deeptech bets

New Delhi, March 27 -- Info Edge (India) Ltd, a backer of new-age companies such as Zomato parent Eternal Ltd and Policybazaar parent PB Fintech Ltd, has approved a fresh commitment to its new early-s... 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


Peak XV leads Plum's Series B funding round

New Delhi, March 26 -- Bengaluru-based Plum Benefits Pvt. Ltd, an employee health benefits platform, has raised Rs 193 crore (around $20.5 million) in its Series B funding round led by existing ventur... Read More


Infosys to acquire US firms Optimum Healthcare, Stratus for $560 mn

New Delhi, March 26 -- Infosys Ltd, India's second-largest IT services firm, has entered into separate agreements to acquire US-based technology companies Optimum Healthcare IT and Stratus Global LLC ... Read More


ValueQuest elevates exec to co-founder, managing partner for PE business

New Delhi, March 26 -- Mumbai-based ValueQuest Group, the public markets investor that entered the alternative investment space only few years ago with its debut private equity fund, has elevated Anik... Read More


French firm Vinci to buy Macquarie's India highway assets

New Delhi, March 26 -- French infrastructure group Vinci SA has agreed to acquire a portfolio of nine toll highway concessions in India from Australian infrastructure major Macquarie Asset Management,... Read More


Elmed Life Sciences, Qweebi raise early-stage capital

New Delhi, March 26 -- Elmed Life Sciences, which is focussed on probiotic and biological solutions across animal health, aquaculture, agriculture and human health, has secured $2.7 million (Rs 25.4 c... Read More