Debjyoti Roy

1 month ago | htsyndication.com | Debjyoti Roy

New Delhi, March 4 -- Fontana Gruppo, an Italian fasteners manufacturer, has agreed to pick up a majority stake in auto component maker Right Tight Fasteners Pvt Ltd to expand its presence in India. The transaction involves Nashik, Maharashtra-based Right Tight taking over Fontana's Indian operations and then the Italian group buying a 60% stake in the combined entity for about Rs 1,000 crore ($114.4 million), a person familiar with the deal told VCCircle.

2 months ago | htsyndication.com | Debjyoti Roy

New Delhi, Feb. 25 -- Motilal Oswal Alternates (MO Alts), the private equity arm of Motilal Oswal Financial Services Ltd, has invested Rs 460 crore to acquire a majority stake in active pharmaceutical ingredient (API) manufacturing firm Megafine Pharma Pvt Ltd, marking the investment firm's first transaction of the year. Mumbai-based Megafine is an export-focused API company with two US Food and Drug Administration-approved manufacturing facilities in Nashik and Vapi.

Dec 6, 2024 | htsyndication.com | Debjyoti Roy

New Delhi, Dec. 7 -- Jaipur-based omni-channel furniture platform WoodenStreet has raised $43 million (Rs 354 crore) in its Series C round of funding from PremjiInvest, the family office of Wipro founder chairman Azim Premji. The company will use the fresh capital mainly for offline expansion and open new stores in tier-1 and tier-2 cities. It also aims to expand its manufacturing capabilities, diversify its product portfolio, and strengthen its supply chain.

Aug 28, 2024 | htsyndication.com | Debjyoti Roy |Prithvi Durai

New Delhi, Aug. 28 -- Motilal Oswal Alternates (MO Alts), the private equity arm of Motilal Oswal Financial Services Ltd, has bought a stake in a Bengaluru-based sweets maker, as deal activity in the niche food retailing segment picks up pace. The alternative investment firm has acquired a significant minority stake in Lal Sweets Pvt Ltd for Rs 330 crore ($39.3 million). This is the packaged sweets company's first round of external funding and could be a pre-IPO exercise.

Jun 11, 2024 | htsyndication.com | Debjyoti Roy

New Delhi, June 12 -- Singapore-based private equity firm Panthera Growth Partners has led a $18-million (Rs 150 crore) round in D2C skincare brand Foxtale in its latest move to increase exposure to India. The transaction, which is also the company's Series B round, saw participation from existing backers Matrix Partners India and Kae Capital as well. "We hope to continue the relationship of a shared vision as we welcome PGP to Foxtale.