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Mergers & Acquisitions | 24 July 2014

Mahindra Holidays Acquires Covington S.a.r.l

Mahindra Holidays and Resorts India Limited, through its wholly owned subsidiary MHR Holdings (Mauritius) Limited has acquired 100% stake in Covington S.a.r.l, Luxembourg. The deal size was not disclosed.

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Private Equity | 24 July 2014

Flipkart Raises Fresh Round Of Funding

Flipkart Online Services Private Limited has raised a whopping $1 Bn (c.INR 60,000 Mn) in a fresh round of funding, making one of the largest fund raises in the space. The fund raise values the online retailer over $5 Bn (c.INR 300 Bn).

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