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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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Snapdeal raises $21m from Luxembourg Clouse SA

Snapdeal raises $21m from Luxembourg Clouse SA

Jasper Infotech Pvt. Ltd., that regulates e-commerce platform Snapdeal, has raised over $21 million as part of its earlier announced funding round from Luxembourg-based firm Clouse SA. As a separate entity, BlackRock Inc. - the mutual-fund investor in Snapdeal has also retained its valuation in the digital marketplace.

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