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Private Equity | 11 April 2012

Carlyle, Sequoia May Invest In JSM Corp

by Irfan Khan
Carlyle, Sequoia May Invest In JSM Corp
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Carlyle Group and Sequoia Capital are planning to invest $40-50 Mn in JSM Corp for minority stake in the company.

Premji Invest and New Silk Route are also in talks to invest in the company. The company plans to establish 80-100 outlets of California Pizza Kitchen in the next five-six years, besides expansion of its other brands including Pitstop.

Reliance Industries To Buy Stake In Kingfisher Airlines

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Reliance Industries is planning to acquire stake in debt-ridden Kingfisher Airlines Limited.

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Medtech Startup Wrig Nanosystems Raises Funds

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New Delhi based Wrig Nanosystems, a medical technology startup, has raised R15 Cr from Flipkart Cofounders, Sachin and Binny Bansal, Malvinder and Shivinder Singh (former Ranbaxy and Fortis promoters), Gurpreet Singh (Round Glass Partners) and others.

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