IFC to invest $15 Mn in Mumbai pharma firm
International Finance Corp (IFC), a World Bank arm, will invest $15 million in Mumbai-based pharmaceutical outsourcing company Hikal by way of equity participation.
Reliance Money forays into Saudi Arabia
Reliance Money, the brokering arm of the Anil Dhirubhai Ambani Group (ADAG), has launched a joint venture in Saudi Arabia with Bahrain-based advisory firm Riyada Consulti...
Reliance Mutual Fund eyes inorganic growth overseas
Reliance Mutual Fund is eyeing inorganic growth overseas but not at home, a top company official said here Wednesday.
Singaporean firm acquires 25.4 percent stake in Reid and Taylor
Singapore government-owned GIC SI has acquired 25.4 percent equity stake in its wholly-owned luxury brand Reid and Taylor Ltd for Rs.9 billion ($209 million.
Promoters raise stake in Tube Investments
Promoters of the city-based Murugappa Group have increased their stake in their flagship company, the Rs.17.62-billion Tube Investments of India Ltd (TI), to a controllin...
IDG Ventures invest $4 Mn in Ozone Media
In a latest move IDG Ventures, a global network of venture capital funds, invested $4 million in Ozone Media, a Bangalore based Internet Advertising Company.
TVS, Shriram launch $125 Mn equity fund
The TVS and Shriram groups, both based here, have launched a Rs.5-billion ($125 million) private equity fund, the TVS Shriram Growth Fund.
ARKeX raises $30 Mn venture funding
ARKeX, a worldwide player in geophysical imaging technology, has raised $30 million in a deal that marks the largest venture capital round in this sector for five years.
Earlybird announces the completion of a Series A financing
Technology investor Earlybird has announced the completion of a Series A financing round of six million pounds in Miracor GmbH based in Vienna.
CoLucid Pharmaceuticals announces $25 Mn Series B financing
CoLucid Pharmaceuticals, an innovative biotechnology company focusing on therapies for central nervous system disorders, announced it closed a $25 million Series B financ...