India: Hospitality firms eye unbranded hotel space to expand footprint


The success of Oyo and Treebo have opened up a vast opportunity to consolidate hotel assets from the unorganized sector into the branded fold.

Deutsche Bank appoints Kaushik Shaparia as new India head

Shaparia currently serves as the Asia Pacific Head of Trade Finance & Cash Management for Corporates for Regional Operations at Deutsche Bank (China) Co., Ltd.

Private equity deal momentum in Indian infra, real estate to continue in 2019: EY report

Real estate and infra attracted $6.3 billion in 2018, led by KKR, Brookfield and CPPIB.

India: Leap Green Energy in talks with EIG Partners to raise $200m

Leap Green plans to use the capital to repay debt and for developing the pipeline of projects.

India: Warburg-backed Stellar Value Chain buys logistics firm Patel Roadways

US private equity firm Warburg invested $125 million in the company in 2016 for a majority stake.

India Digest: AION exits Varun Beverages; Shuttl raises $5m from US VC

The latest round of funding for Shuttl comes right after it raised capital from Sequoia, Lightspeed and Times Internet.

India dealbook: Startups Swadha Energies, CivilCops raise funding

Chennai-based startup Swadha Energies Pvt. Ltd has raised an undisclosed sum from the Indian Angel Network (IAN).

India: Mahindra Group unit looking to sell solar power assets

The sale process of these solar assets is being managed by investment bank Avendus Capital.

India’s Reliance said to be in talks to buy British toymaker Hamleys

Reliance Retail currently has the license to sell Hamleys products in India.

Creador hikes stake in India’s PC Jeweller by picking shares worth $24m

The Malaysia-headquartered fund has raised its stake in PC Jeweller Ltd to 8.6% from 4.76% earlier.