022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Private Equity | 7 March 2012

Rustomjee Group Raises R310Cr From Piramal Healthcare, Future Capital

by Charmi Gutka
Rustomjee Group Raises R310Cr From Piramal Healthcare, Future Capital
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
Real estate developer - Rustomjee Group has raised R310Cr from Piramal Healthcare and Future Capital for project financing and buying out its investor in three of its projects.

According to BS, Piramal Healthcare have subscribed to secured NCDs worth R110Cr, issued by the operating entities of the group, while Future Capital has subscribed to NCDs worth R200Cr.

Last Nov, Trinity Capital Plc exited Enigma Constructions Pvt. Ltd - developer of Rustomjee Evershine Global city in Virar by selling it's stake for Rs48Cr.

Tulip Telecom May Sell 25% Stake In Its Data Center Unit

Tulip Telecom May Sell 25% Stake In Its Data Center Unit

Tulip Telecom may divest upto 25% stake in it's data centre - Tulip Data City. The funds are likely to be used to repay debt.

Read More...

Druva raises $51m from Sequoia, EDBI and others

Druva raises $51m from Sequoia, EDBI and others

Sunnyvale, California-based Druva Inc., a cloud-first data protection solution provider, announced receiving $51 million in funding. This round of funding was led by existing investor Sequoia India, along with participation of new investors such as Blue Cloud Ventures, Hercules Capital, and Singapore-based EDBI. Existing investors like Japan’s NTT Finance (financial arm of Japanese telecommunications company Nippon Telegraph and Telephone Corporation), Nexus Venture Partners and Tenaya Capital also contributed to this round.

Read More...
Subscribe
Enter your Email address
to receive all the news