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Private Equity | 20 December 2011

Everstone Capital To Invest $20Mn In JS Hospitality Services

by Irfan Khan
 
@irfan
@Everstone is investing $20Mn in @JS_Hospitality for a 45% stake. The funds will be used for expanding it's network of quick service restaurants across the country.

JS Hospitality services operates about 30 Pind Balluchi restaurants, mostly in the National Capital Region, serving north Indian cuisine.

CandyDate Jobs India Raises Funding From Deberry Ventures

Denmark based PE fund Deberry Ventures has invested R88Lacs in New Delhi based HR consultancy CandyDate Jobs for a 0.32% stake in the company valuing CandyDate Jobs India at R275Cr. The funds will be used for hiring and expansion.

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Qualcomm Ventures Invests In Portea Medical

Qualcomm Ventures through its $100 Mn (c.INR 6000 Mn) Qualcomm Life Fund has invested an undisclosed amount for a minority stake in serial entrepreneur duo K Ganesh and Meena Ganesh’s healthcare venture Portea Medical Private Limited.

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