By Pramugdha Mamgain
Ruia brothers have already floated an SPV that will be managed by the team comprising a former senior public sector banker and a former Steel Authority of India (SAIL) head.
Global investors leading the pack include GIC Pte Ltd, Canada Pension Plan Investment Board and The Xander Group Inc.
Through this partnership PeopleStrong and Zeta will ointly launch a human resources-focused mobile app later this week.
Blackstone is acquiring L&T Realty’s assets directly and not through existing joint ventures.
Piramal Realty, led by Ajay Piramal’s son Anand, is backed by Warburg Pincus and Goldman Sachs Group Inc
Venture capital investors selling their stakes include IDG Ventures, SAP Ventures and Ascent Capital.
The latest round takes Razorpay’s total external funding raised to $31.5 million.
Nirula was responsible for investments in consumer companies, retail firms, financial services and industrials.
Last year witnessed record levels of QIP activity, driven by the financial services sector.
A successful sale of Air India — with $7.9 billion in debt, five subsidiaries and a joint venture, and a combined workforce of 27,000 — is crucial for Modi.