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Private Equity | 13 March 2012    1 Comment

ASK Property Advisors Invests In Real Estate Projects In Mumbai, Pune

by Irfan Khan
 
@irfan
@ASK_Property has invested R40Cr in real estate developer - Paranjape Schemes' residential project in Pune. This is Ask property's last investment from it's R326Cr first fund, ASK Real Estate Special Opportunities Portfolio-1.

ASK has also invested R100Cr in a Mumbai realty project from it's new fund, however the details were not disclosed due to confidentiality clause.

Varroc Engg Acquires Visteon Corp's Lighting Biz For $92Mn

Varroc Engineering has acquired US based Visteon Corporation's lighting business for $92Mn in cash. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed in the third quarter of 2012. According to the press release, the business ...

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Grocery E-Tailer BigBasket Plans PE Fund Raise

Bangalore based grocery e-tailer BigBasket is planning to raise around R300 Cr to expand its presence in Delhi, Chennai, Pune and Ahmedabad. It had recently raised $3 Mn from Singapore based investor.

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