Karbonn Mobiles In Talks With PEs To Raise $50M - Bangalore based-mobile handset brand Karbonn Mobiles is in preliminary talks with private equity players to raise funds to the tune of $50 million (Rs 230 crore). The mobile handset seller has held discussions with Accel Partners and Mount Kellet Capital valuing itself at around $500 million. Karbonn is expected to close this financial year with revenues of around Rs 1,800 crore. (Economic Times)
Jindal Poly Films To Raise PE Funding For Power Plant - Jindal Poly Films (JPFL) plans to go for private equity investment in its subsidiary Jindal India Thermal Power. The BC Jindal-group promoted company may also go in for listing Jindal India Thermal once the companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
