Page 3 - Warburg Pincus

CCI nod for Ola investments by Temasek, Warburg Pincus, founder Bhavish

Competition Commission has given its nod for the proposed investments worth USD 500 million in ride-hailing platform Ola by Temasek, Warburg Pincus and Ola founder Bhavish Aggarwal. ANI Technologies Private Limited offers taxi and auto rickshaw aggregation services under the brand name 'Ola'. The Competition Commission of India (CCI) has approved acquisition of shares by MacRitchie Investments (Temasek), Fort Canning Investments, Plum Wood Investment Limited (Plum Wood) and certain voting rights by Bhavish Aggarwal in ANI Technologies, according to two releases issued on Friday. MacRitchie is an investment holding company and is a subsidiary of Temasek Holdings (Private) Limited. Singapore-based Temasek is an investment company. Fort Canning is also an investment holding company. Plum Wood is also an investment holding company and its shareholders are certain private equity funds managed by Warburg Pincus LLC. The latter, headquartered in New York, acts as a manager to certain priv

Temasek, Warburg Pincus, Bhavish Aggarwal invest $500 mn as Ola plans IPO

This is amongst the largest investments in the Indian consumer internet space by these funds and is a testament to the robust and resilient business built by Ola

Warburg Pincus ends JV with Lemon Tree Hotels for student housing

"Apparently, Warburg was not happy with the way the JV had progressed in the last two-three years," said sources

Warburg Pincus-Goldman joint venture to ramp up student housing business

The Goldman Sachs-backed company now has 18,000 beds across its tie ups with Manipal University, OP Jindal Global University and Shoolini University

Eye on e-commerce, ESR plans one 'plug & play' warehouse every quarter

'Plug-and-play' buildings or 'speculative buildings', as ESR calls them, are ready buildings that have facilities like power, water and so on

Stake sale at premium valuations a positive for Adani Ports

In addition to volume gains, lower pledges and acquisitions such as Concor would be new triggers

Adani Ports to acquire 31.5% in Gangavaram Port for Rs 1,954 crore

Acquisition expands APSEZ's market share to 30 percent across 12 locations in India. The acquisition is subject to regulatory approvals

IDFC First Bank's promoter, Warburg may not participate in fundraising

Board clears Rs 3K-cr capital raise plan

Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore

Airtel, which is locked in a fierce competition with Reliance Jio in the telecom space, aims to align the ownership of its consumer-facing businesses, with the Warburg Pincus transaction

Blackstone in the final leg of talks to buy out Embassy Industrial Parks

Embassy has a long-standing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT)

Logistics firm Rivigo's loss widens 6% to Rs 542 cr, revenue up 5%

The firm's total expenses for the fiscal rose 5 per cent to Rs 1,622 crore

Warburg ups stake in IPO-bound mortgage lender Home First Finance to 30.62%

Private equity major Warburg Pincus on Thursday said it has increased its stake in IPO-bound mortgage lender Home First Finance Company by 5 per cent to 30.62 per cent

Warburg Pincus puts $100 million in Indian consumer electronics firm boAt

US private equity firm Warburg Pincus has invested about $100 million in India's boAt, the consumer electronics firm said on Wednesday

boAt's Make-in-India plans set sail after $100-mn funding from Warburg

Currently, most of the products that the company has to offer, including headphones, earphones, smartwatches, speakers, are manufactured in China

Deal talks between Embassy, logistic firms hit an impasse on valuation

Warburg Pincus has 70 per cent in the joint venture while Embassy has 30 per cent

Warburg Pincus invests Rs 700 cr to acquire stake in Home First Finance

Home First Finance, True North-backed affordable housing finance firm, said it has entered into an agreement with Warburg Pincus-affiliate Orange Clove Investments BV for an investment of Rs 700 cr

Warburg Pincus invests Rs 700 cr to acquire stake in Home First Finance

Affordable housing financier Home First Finance said it has entered into definitive agreements with an affiliate of global private equity firm Warburg Pincus LLC for an investment of Rs 700 cr

Singapore's GIC in talks to invest over $100 million in ESR's fund

ESR partnered Allianz Real Estate for a $225-million joint venture that aimed to become a $-billion asset platform

JP Morgan's new chairman, Leo Puri, could be the Mr Dependable they need

His former colleagues say that he is a patient listener and participant, even if he does not agree with the views.

Warburg Pincus is looking to exit joint venture with Embassy Group

"Warburg is not happy with the speed with which the land acquisition and development happened in the JV," said sources.