General

Existing investor in PVR, L Capital and Renuka Ramnath led Multiples PE are set to infuse fresh funds in PVR Cinemas along with promoter Ajay Bijli in PVR to fund the acquisition of Cinemax.The deal involves buying promoter, Kanakia group’s 69.27% stake in Cinemax for a consideration ...

Mumbai Angels is set to launch $20 Mn maiden Side Car Fund, which will invest along with the angel group. The fund will be raised from Mumbai Angels members, high-networth individuals and institutional investors.

Fulcrum Ventures is planning to float third party R120 Cr PE fund which will invest growth capital in companies.

Well established wooden door and allied product manufacturer with technological collaborations with global players and import capabilities along with positive cash flows and a healthy order book is looking to fully divest its business.

Australian Macquarie Bank has sold shares of six companies worth R75Cr through bulk deals on NSE.

The New York-headquartered Platinum Rye Entertainment has acquired 50% in stake brand-advisory business of Mahesh Bhupathi’s - Globosport, entertainment and sports solutions firm.

The Mauka has received funding from North Alley India Ltd. to develop the comprehensive platform of software product for colleges and software service for corporates which is planned to be launched in August this year.

Apollo Global Management LLC and ICICI Venture are raising $350Mn for India distress fund. The fund will invest in companies that are in distressed situation or going for restructuring or spinning off assets and also in non-performing loans.

BASIX Krishi Samruddhi has raised $2Mn from Acumen Fund.