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Private Equity | 1 April 2010    1 Comment

John Energy Receives $20 Mn Funding From Sage Capital

by Jarna Gandhi
 
@jarna
@John_Energy_L Limited is raising $20 mn by selling an undisclosed minority stake to @Sage_Capital90 Pvt. Ltd.

Sage capital will invest in the company through Sage NPE India Fund 1.

@Singhi_Advisors
was the sole advisor to the deal.

Transaction Reference: VCCIRCLE

Avantha Power Files DRHP To Raise Rs 1250 Cr

Avantha Power & Infrastructure Ltd (APIL) has filed the DRHP to raise Rs.1250 Cr via public issue.

Read More...

Ace Investor Rakesh Jhunjhunwala Backs Remedinet Technologies

Ace investor Rakesh Jhunjhunwala has invested an undisclosed amount in Remedinet Technologies, software firm which provides solutions to manage pre-authorised payments. The round also saw the participation of existing investors - Bessemer Venture Partners and Nirvana Venture Advisors Private Limited.

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