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Private Equity | 17 April 2012

Cresta Fund Divests 5% In Assam Company India

by Charmi Gutka
Cresta Fund Divests 5% In Assam Company India
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Cresta Fund has divested 5% stake in Assam Company India Limited through market sale for R11.15Cr.

The fund sold 15,488,048 shares of Assam Company at R7.20 on the NSE to Dune Leasing and Finance Ltd. As on Dec 2011, it held 8.72% (27 Mn shares) in the company.

BCCL Invests In Cerebra Integrated Technologies

BCCL Invests In Cerebra Integrated Technologies

Bennet Coleman & Co Ltd has invested R1.08Cr in Cerebra Intergrated Technologies Limited through convertible warrants.

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Rocket Internet merges its two ecommerce startups

Rocket Internet merges its two ecommerce startups

Rocket Internet SE, a German internet company and startup investor, has created a new entity called Daraz Group. This entity has been formed by merging Rocket’s two Asia-focused Internet startups, Daraz and Kaymu.

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