Hinduja Global Solutions (HGS), the business process management arm of the multibillion-dollar Hinduja Group conglomerate, said it has entered into a definitive agreement to divest its healthcare services business to funds affiliated with Baring Private Equity Asia...
India’s anti-trust regulator has approved global private equity fund Warburg Pincus’ investment in ANI Technologies, the parent of ride-hailing company Ola. “Commission approves acquisition of shares by Plum Wood Investment (Warburg Pincus’s investment vehicle) and...
The joint venture that runs the Chinese locations of iconic Canadian coffee shop chain Tim Hortons is nearing a deal to go public through a merger with blank-check company Silver Crest Acquisition Corp. A transaction could value the combined entity at about US$1.8bn...
Executive education firm Eruditus raised $650m, led by Accel and SoftBank, quadrupling its valuation to $3.2bn, as the online learning space continues to see huge interest from investors. With this, Eruditus will also turn unicorn, a term used to refer to private...
Global private equity firm Advent International is seeking $3bn for its second technology-focused fund, less than two years after collecting $2bn for its debut tech offering, according to people familiar with the fundraising efforts. Advent’s technology funds make... 