Warburg Pincus
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Franchise India Bureau Jul 09 2018 - 1 min readGo-Jek spokesman Michael Reza Say says the homegrown ride-hailing app will expand its business to Singapore this year, following moves to Vietnam and Thailand. “We will [expand to Singapore] this year, but we can’t give any details about it yet,” he said on Friday as quoted by Tempo. According to its website, the Indonesian ride-hailing ...
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Franchise India Bureau Jun 02 2018 - 4 min readPrivate equity major Warburg Pincus has agreed to acquire a 26% stake in IndiaFirst Life Insurance Co. Ltd from Legal & General Group Plc, helping the British financial services firm exit its almost nine-year-old investment. According to a press statement, Warburg will pay Rs 710.54 crore (£79 million or $105 million) ...
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Franchise India Bureau Apr 19 2018 - 1 min readCK Birla Group has decided to buy the 30% stake held by private equity firm Warburg Pincus in its group company Avtec Ltd, reported a financial daily citing Avtec CEO Prabhakar Kadapa. The report also cited a person aware of the development as saying that the transaction is likely to value ...