Rumors circulating: Serentica, Statkraft, Carlsberg, Finnable, Matrix Partners, and numerous others making headlines

Rumors circulating: Serentica, Statkraft, Carlsberg, Finnable, Matrix Partners, and numerous others making headlines

In the bustling world of Indian business, several significant developments have taken place recently. Here's a snapshot of the latest news:

1. JSW Neo Energy has been making headlines, but the specifics of the news are yet to be revealed. Keep an eye out for more updates.
2. KKR-backed Serentica has made a strategic move by acquiring Statkraft's India solar assets. This acquisition is expected to strengthen Serentica's position in the renewable energy sector.
3. Lending platform Finnable has successfully raised Rs 127 crore (approximately $14.4 million) in pre-Series C funding. This funding will likely boost Finnable's operations and help it serve more borrowers.
4. Prosus, a global consumer internet group, has been generating buzz, but the nature of the news remains unclear at this point.
5. CVC Capital has completed a $445 million exit from an unspecified investment in India. The details of the exit are yet to be disclosed.
6. WestBridge, a leading Indian private equity firm, is also in the news, but the details of the news are not yet available.
7. Tata International has entered into a joint venture with a Geneva-based commodities trading firm, Mercuria. In this joint venture, Mercuria will hold a 51% majority stake to conduct commodity and energy trading in India. Noel Tata serves as the Chairman of this joint venture.
8. Danish brewer Carlsberg is considering an India IPO, which could mark a significant entry into the Indian market for the company.
9. Unfortunately, messaging-app-turned gaming platform Hike has decided to shut down globally. This move comes as a surprise in the competitive digital landscape.
10. Tata International has also sealed a joint venture with an unnamed commodity and energy trader. More details about this partnership are expected to be revealed soon.
11. Warburg Pincus, a global private equity firm, is also in the news, but the specifics of the news are yet to be disclosed.
12. There is no new information available about Morgan Stanley selling an India logistics park at this time.

As always, stay tuned for more updates from the dynamic world of Indian business.

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