3i India Infrastructure Fund is investing $61 Mn for minority stake in a portfolio of road BOT companies of Supreme Infrastructure India Limited.Ernst & Young was the sole advisor to Supreme Infra.
Founded in 1983 by Bhawani Shankar, Supreme Infra is a construction and infrastructure company focused on roads, bridges, power, water, railways and civil construction.
Chennai based Mind Shaper Technologies Pvt Ltd is talking to private equity investors to raise upto $40Mn in it's second round of PE funding. The funds will be used for product development, marketing and sales promotion of teacher learning products.
Noida based education e-commerce start-up, Fastudent has raised an undisclosed amount in seed round of funding from a clutch of angel investors led by Ashish Gupta (founder, Ashoka University)