BUSINESS
Poonawalla Fincorp picks Jefferies, Kotak and JP Morgan for up to Rs 5,500 crore equity capital raise
Incidentally, back in July 2025, Poonawalla Fincorp approved a fund infusion of up to Rs 1,500 crore via the preferential allotment route by promoter entity Rising Sun Holdings
BUSINESS
InMobi, India’s first unicorn, targets $500 mn plus IPO at $4bn to $5 bn IPO valuation; taps 8 i-banks
A pre-IPO round will precede the listing and the firm’s reverse flip (redomiciling from Singapore to India) is in process, sources told Moneycontrol
COMPANIES
Mad Over Donuts launches part stake sale amid deal rush in food segment
Earlier deals at dessert brands Belgian Waffle and Theobroma valued both firms around Rs 1,700 crore and Rs 2,400 crore respectively
BUSINESS
Race for RCB: Dr Ranjan Pai, Adar Poonawalla, EQT, Premji Invest submit non-binding bids
Private equity giant Blackstone is also planning to submit a potential non-binding bid, but no final decision has been taken, sources said
BUDGET
Union Budget: Here is the wish list from Deal Street
From relaxation of delisting norms and Press Note 3 to tax sops and tackling the aftermath of the Tiger Global verdict, top dealmakers speak to Moneycontrol on their key expectations from Budget 2026
BUSINESS
Shapoorji Pallonji Group picks 6 i-banks and kicks off mega Rs 8,000-crore IPO of realty arm
The group is looking to unlock value in its real estate business and pare its debt burden. The deal kick-off happened earlier in January
BUSINESS
Diageo’s USL calls for RCB bids by early February amid suitor frenzy; Dr Ranjan Pai in advanced talks with KKR
The RCB sale process has seen frenetic inbound interest, with more than 50 non-disclosure agreements received from interested parties, sources told Moneycontrol
BUSINESS
Part stake sale brewing at Shah Rukh Khan, Juhi Chawla & Jay Mehta owned Kolkata Knight Riders
Investment bank Nomura has been roped in as the sell-side advisor for the proposed deal which is likely to launch early next year
BUSINESS
L Catterton India, led by ex-HUL MD Sanjiv Mehta, invests in Haldiram's
The deal size and the valuation were not disclosed, but sources said that that L Catterton is likely to have picked up a minority stake
BUSINESS
Majority stake sale in IPL team Rajasthan Royals in play; The Raine Group roped in as advisor
Preliminary discussions have been held with suitors and investors and the targeted valuation for the franchise is $1bn plus, sources told Moneycontrol. Suitors for RCB may also evince interest in Rajasthan Royals, sources added.
BUSINESS
Biocon picks 4 bankers for up to Rs 4,500 crore capital raise; may launch deal by January
Roadshows for the proposed fund raise will begin shortly, sources told Moneycontrol
BUSINESS
ICICI Prudential Asset Management Co files red herring prospectus for mega IPO
The 51:49 joint venture has existed for 26 years with ICICI Bank tying up with Prudential Plc back in 1998
BUSINESS
Race for iD Fresh Food: Apax Partners in exclusive talks for stake buy at $500-mn valuation
The popular Bengaluru based preservative-free, ready-to-cook brand is backed by marquee investors TPG NewQuest and Premji Invest
MARKETS
Sebi nod in, ICICI Pru AMC eyeing IPO launch in December at $12-12.5 bn valuation
On June 10, Moneycontrol was the first to report that ICICI Prudential AMC had kicked off its mega listing plans.
BUSINESS
Bharti Airtel promoter entity ICIL launches block trade worth up to $806 mn
ICIL has 1.48% stake currently in Bharti Airtel, as per exchange data. The telecom firm's total promoter stake stands at 50.27%
BUSINESS
KKR makes fresh investment in school chain Lighthouse Learning; PSP Capital roped in as new investor
On June 25, 2025, Moneycontrol was the first to report that KKR was planning an internal fund-to-fund transfer for the leading school chain.
BUSINESS
Meesho targeting post-money valuation of Rs 52,500 crore for IPO; set to launch in December
The net proceeds from the IPO will be used for cloud infra investments, inorganic growth and others aspects
BUSINESS
Adani Group launches Rs 2,500 cr block deal eyeing full exit from AWL Agri Business
Earlier in the week, Adani Group which held 20 per cent stake in AWL Agri Business, sold 13 per cent to Wilmar International Ltd by an off-market transaction worth Rs 4,646 crore
BUSINESS
Zydus Lifesciences picks 3 I-banks for Rs 5,000-crore QIP; may launch deal by early 2026
The firm is looking to reduce its debt and eyeing mergers and acquisitions (M&A) opportunities, especially linked to its US specialty business
BUSINESS
Emirates Telecommunications Group Company enters race for majority stake in TA Associates & True North backed Accion Labs
Investment banks JP Morgan and Avendus Capital are the sell-side advisors on the proposed transaction which is currently at an advanced stage
BUSINESS
BNP Paribas, Prudential Plc, PE’s line up for Warburg Pincus stake in IndiaFirst Life Insurance
"On September 16, Moneycontrol was the first to report that Warburg Pincus had kickstarted the process to explore an exit from IndiaFirst Life Insurance"
BUSINESS
ChrysCapital leads race for stake buy in Nash Industries valuing firm between Rs 6,000 cr-Rs 6,300 cr
Set up in 1971, Bengaluru based manufacturing solutions provider Nash Industries has capabilities in design, precision sheet metal stamping, fabrication and assemblies
BUSINESS
Swiggy ropes in 3 advisors for mega fund raise up to Rs 10,000 crore
During its Q2FY26 earnings call, the management indicated that the proceeds from the proposed QIP would be used for strategic reserves and " innovation capital" going ahead
BUSINESS
Global beer giant Carlsberg picks Citi, JPMorgan as advisors for India IPO: Sources
Denmark-headquartered Carlsberg entered the Indian market in 2007
