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Car Rental Firm Carzonrent Acquires QCABS


Car rental company - Carzonrent India Private Limited is acquiring QCABS, an online car rental service aggregator.

The acquisition is in line with Carzonrent's growth strategy to foray into retail space.

Founded in 2011 by Gaurav Dosi and Reshav Singla, QCABS provides reliable cabs for local usage and outstation needs. Qcabs has aggregated reliable vendors across the city to ensure great service to its customers.

By Charmi Gutka | 17 May 2012

Private Equity

Sheth Creators Raises R80Cr From IIFL PE

IIFL Alternate Asset Advisors Limited has invested in R80Cr in Sheth Creators central Mumbai slum redevelopment project.

By Vivek Singh | 17 May 2012

Private Equity

Supertech Plans To Raise R3000Cr For Real Estate Projects

Real Estate firm Supertech Limited is planning to raise R3000Cr from PE investors.

By Sushil Surana | 17 May 2012

DEBT

Bajaj Group To Raise R1750Cr For Expansion

Bajaj Group is planning to raise R1750Cr for Bajaj Finserv Limited and Bajaj Finance Limited.

By Sushil Surana | 17 May 2012

Mergers & Acquisitions

Trivone Digital Acquires Chakpak.com, WheelsUnplugged.com

Trivone Digital Services has acquired Chakpak.com, entertainment portal and wheelsunplugged.com, automobile destination portal.

By Charmi Gutka | 17 May 2012

Private Equity

Prizm Payments To Raise R500Cr For Expansion

Chennai based Prizm Payment Services is planning to raise R500Cr through private equity to fund its expansion plans.The company is planning to set up more ATMs and is hoping to get a contract of around 8,000 ATMs. Last Sept, the company outlayed a R1000Cr capex over three years to expand ...

By Ahemad Shaikh | 17 May 2012

DEBT

GMR Infra Raises R200Cr From ICICI

GMR Infrastructure Limited has raised R200Cr from ICICI Bank Limited through NCDs. The company has allotted 2000 NCD of face value of R10,00,000/- each, aggregating to R200Cr to ICICI Bank.

By Ahemad Shaikh | 17 May 2012

DEBT

Indowind Energy To Raise $30Mn ECB

Indowind Energy Limited is planning to raise $30Mn through ECB.

By Sushil Surana | 17 May 2012

Private Equity

Cox & Kings Plans To Raise $140Mn

Cox & Kings Limited is planning to raise $140Mn from institutional investors. The fund raised will be used for its subsidiary Prometheon Holdings (UK).

By Sushil Surana | 17 May 2012
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