Mumbai based logistics firm Bhoruka Logistics Pvt. Ltd. is in talks with strategic investors and private equity (PE) players to raise Rs 100 crore ($15 million). The company has a nationwide presence in dry and cold chain solutions.
The Indian sweets and savouries giant, Bikanervala Foods Pvt Ltd, which sells under the brand name of Bikano, is in talks with private equity funds to raise $30 m (Rs200 crores). The promoters -the Agarwal family, are ready to dilute a minority stake. It is being done under the aegis of IDFC bank which is hired as the investment banking partner.