To prevent a market collapse, India needs more equity investments according to top analyst Prahbat Awashti.
Investors
CIT backs LendPro
Cloud service provider LendPro received backing from the Center for Innovative Technology. The Center for Innovative Technology announced today that its subsidiary CIT GAP Funds made an investment in LendPro.
Health Evolution names Kelly as new partner
Braded Kelly was named by Health Evolution Partners as its new Investment Partner. Healthcare private equity firm Health Evolution Partners announced today that Braden Kelly will serve as its new Investment Partner.
Genesys' Sonar Merger Sub Completes Offer to Acquire SoundBite
Genesys' Sonar Merger Sub completed an offer to acquire SoundBite. Sonar Merger Sub Inc's tender offer to acquire all outstanding shares of common stock of SoundBite Communications, Inc.
Dawn Capital II Fund Raises GBP63 Million
Dawn Capital II Fund raised GBP63 million. Dawn Capital raised GBP63 million for the first close of its Dawn Capital II fund. Contributions for the fund came from the UK Future Technologies Fund, the European Investment Fund, and the likes.
Latest News
The continued weakening of the rupee and the Federal Reserve's stimulus policy prompted a massive Indian market exit from investors.
Assocham said that investments have dropped in India in a report released today. Assocham, one of India's associations of chambers of industry and commerce reported today that direct investments in the country are looking at a bleak future.
TPG announced its plan to acquire the parent company of Envision Pharmaceutical. Private equity firm TPG announced on Monday that it planned to acquire the parent company of Envision Pharmaceutical Services.
The web content management system company acquires Eur 200,000 funding to expand its business with specific focus on product enhancement and development.
Germany's biggest landlord goes ahead with IPO just a week after it postponed its original plan.
The leading global mid-market investment bank furthers its bid to cater to Latin America and Brazil based clients with the acquisition of Stratus Group's financial advisory division.
Hellenic Postbank, Greece's largest lender, is slated to receive separate bids fro the country's largest banks.
Argex planned for a non-Brokered private placement of Can$10 million to two subscribers. Argex Titanium Inc. announced its plan for a non-brokered private placement of Can$10 million.
Contact Solutions has named its new CEO to be Michael Boustridge. Contact Solutions named Michael Boustridge as its new Chief Executive Officer. As the new CEO, Boustridge would be focusing on accelerating Contact Solutions' growth trajectory.
