ICICI Venture related stories
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GE to sell India financial services business to Aion, former execs: ReutersGeneral Electric Co (GE.N) said it would sell its India commercial lending and leasing businesses to a consortium of former GE Capital executives and Aion Capital Partners as it looks to trim itself and focus on its industrial businesses, Reuters News reported.
- GE to sell India financial services business to Aion, former execs: Reuters
n">General Electric Co (GE.N http://www.reuters.com/finance/stocks/overview?symbol=GE.N ) said it would sell its India commercial lending and leasing businesses to a consortium of former GE Capital executives and Aion Capital Partners as it looks to trim itself and focus on its industrial businesses.
- Exclusive: ICICI targets $500m for Indian private equity
The firm, led by Vishakha Mulye, is back in the market after closing its special situations fund in May
- Investors sue Indian private equity firm ICICI Venture over losses-Reuters
A group of 69 non-resident Indian investors said on Tuesday they had sued India's ICICI Venture at the Supreme Court in Mauritius seeking to obtain $103 million in damages over alleged losses on their investments in a property fund run by the private equity firm, Reuters reported.
- Singapore's Temasek to buy $82 mln stake in India's Devyani, say sources-Reuters
Temasek Holdings has agreed to invest 5 billion rupees ($82 million) to buy a stake in Devyani International, operator of KFC, Pizza Hut and Costa Coffee chains in India, sources told Reuters.
- TA boosts Mumbai office with new hire
Naresh Patwari’s appointment takes staff count in TA’s Mumbai office up to 10
- TA Associates hires ICICI Venture executive Naresh Patwari
TA Associates has hired Naresh Patwari as director in the Mumbai office effective Sept. 1. Patwari joined TA from ICICI Venture, where he worked as principal, and previously vice president, focusing on consumer/retail, media, healthcare and energy.
- Exclusive: MVision founder moves to Asia
Fund placement specialist Mounir Guen has relocated from London to Hong Kong to better access capital formation opportunities across Asia Pacific
- Exclusive: India’s Reliance spins out captive PE unit
The spin-off comes as Reliance Private Equity gears up to raise its second fund
- TVM Capital Healthcare Partners expands team
TVM Capital Healthcare Partners has appointed Sudhir Bahl as an executive-in-residence in Dubai and director-India. The firm recently announced its intention to invest up to US$100 million in India over the next three to five years.