Indian Digital Ad Firm Komli Raises $39 Million

Wall Street Journal India Google Inc. dominates India’s nascent Internet advertising industry – so much so, that the country’s antitrust regulators are investigating the company for anti-competitive practices. But the U.S. tech giant isn’t the only option for Indian...

JSPL buys stake in Gujarat NRE Oz arm

The Financial Express 28 May 2012 New Delhi: Jindal Steel and Power will acquire a little over 10 per cent stake in Gujarat NRE Coal’s Australian subsidiary, Gujarat NRE Coking Coal Ltd, for AUD 25 million (about Rs 135 crore). Besides, JSPL will also buy 5...

Warburg Pincus to buy Future Capital for $100-125 m

The Indian Express 4 June 2012 US private equity firm Warburg Pincus is set to buy a majority holding in Indian financial services firm Future Capital Holdings for $100-125 million, two sources with direct knowledge of the matter told Reuters on Sunday. Future...

Private equity 2012: Has India lost its sheen?

MoneyControl.Com 14 May 2012 The Indian Private Equity and Venture Capital Association (IVCA) held its conclave in New Delhi to celebrate 10 years of private equity and venture capital in India. CNBC-TV18’s Young Turks team was present at the occasion to get a...

Quikr attracts private equity investment worth $32 mn

ZeeNews.India.Com 22 May 2012 New Delhi: Quikr, the internet and mobile based classified ads firm, has raised USD 32 million (Rs 176 crore) from overseas investors including Warburg Pincus in the fifth round of funding. Other private equity investors were Matrix...