🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments
VCCircle
·
1y ago
Medial
The promoters of Haldiram Snacks Foods are resisting offers from private equity firms to buy stakes in the company. Despite receiving non-binding offers, the promoters are not interested in selling their shares. This comes as Stripe, the online payment company, is reportedly looking to acquire a stake in SBI Payments.
View Source
1
Related News
Singapore's Temasek seeks CCI nod to acquire 10% stake in Haldiram
YourStory
·
3m ago
Medial
Temasek Holdings seeks approval from the Competition Commission of India to acquire a 10% stake in Haldiram Snacks Food through its arm Jongsong Investments. This strategic move values Haldiram at $10 billion. The Agarwal family, Haldiram's promoters, might sell more stakes, potentially considering an IPO in the future. Established in 1937, Haldiram merged its Delhi and Nagpur factions, expanding into markets across 80 countries. The investment aims to support Haldiram’s domestic and international expansion plans.
View Source
Grapevine: Haldiram's, Temasek, Peak XV, Sealink, Blackrock, Lendingkart in news
VCCircle
·
9m ago
Medial
Private equity firms such as Bain Capital, Blackstone, KKR, SeaLink Capital, Singapore's Temasek, venture capital firm Peak XV Partners, and asset manager BlackRock were featured in multiple news reports. The promoters of Haldiram Snacks Food Pvt. Ltd are looking to sell only a portion of their stake. Other companies such as Premium Credit and Lendingkart also made headlines.
View Source
Haldiram's promoters now offer a smaller bite to investors
Livemint
·
9m ago
Medial
The promoters of Haldiram Snacks Food Pvt Ltd. have changed their plan to sell a majority stake in the company and are now looking to offload only 10-15% stake. Private equity firms including Bain Capital, Blackstone, and Temasek Holdings are considering investing in the Indian snack-maker. The investors are aiming to tap into India's growing snacks market, which is expected to double in size by 2032. The deal is currently under due diligence, and PwC India is advising the families on the transaction.
View Source
CCI okays Temasek Holdings minority stake purchase in Haldiram Snacks Food
YourStory
·
1m ago
Medial
The Competition Commission of India (CCI) approved Temasek Holdings' acquisition of a minority stake in Haldiram Snacks Food through Jongsong Investments Pte, acquiring less than 10% of equity. Haldiram Snacks Food combines the Delhi and Nagpur Haldiram businesses, with a merger underway. Additionally, CCI approved Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Pvt Ltd's acquisition of a majority stake in Nazara Technologies Ltd, a gaming and sports media company.
View Source
Stripe valuation hits $70 billion in Sequoia deal
Economic Times
·
1y ago
Medial
Stripe has reached a valuation of $70 billion as venture capital firm Sequoia Capital offers to buy shares from investors seeking to exit the fintech company. Sequoia is offering to purchase Stripe shares at a price of $27.51, primarily targeting limited partners in funds raised between 2009 and 2012. The firm plans to buy up to $861 million worth of shares. Stripe's valuation has steadily increased from $50 billion last March to $65 billion in February, and now to $70 billion. The company, co-founded by John and Patrick Collison, competes with PayPal and Adyen.
View Source
MapmyIndia Promoter Rakesh Verma To Offload 5 Lakh Shares Of Co
Inc42
·
1y ago
Medial
Entrepreneur Rakesh Verma currently holds a 42.84% stake, or approximately 2.32 crore shares, in MapmyIndia. Meanwhile, the company's promoters collectively possess a majority stake of 52.91%. Recently, the stock has experienced significant growth following Goldman Sachs' positive coverage and subsequent 'buy' rating.
View Source
Crest Data promoters tap PE funds for first stake sale
Livemint
·
1y ago
Medial
Promoters of Ahmedabad-based Crest Data Systems are seeking to sell a 25-30% stake, valued at $500-600 million, to private equity funds including Carlyle Group, Kedaara, General Atlantic, and KKR. The company, which offers data analytics and cyber security solutions, was founded in 2013 and is profitable. If the deal goes through, it will be Crest Data's first institutional fundraise. India's data analytics industry is expected to reach $118.7 billion by 2026, driven by digitization efforts and the establishment of new data centers.
View Source
PE fund Somerset picks up minority stake in Cyrix Healthcare for Rs 140 crore
Economic Times
·
7m ago
Medial
Private equity firm Somerset Indus Capital has acquired a minority stake in Cyrix Healthcare, a healthcare solutions provider based in Kochi, India. The deal, worth Rs 140 crore, involved both primary and secondary capital. Cyrix Healthcare, established in 2001, offers maintenance and service solutions for medical equipment and operates across India and the Middle East. The transaction is expected to support Cyrix's expansion in the healthcare infrastructure sector, specifically in equipment servicing. Financial advisory firm Advay Capital Advisors assisted Cyrix and its promoters during the transaction.
View Source
Grapevine: TVS Credit, Avendus, Haldiram, Aragen, Yotta in news
VCCircle
·
7m ago
Medial
TVS Credit, Avendus, Haldiram, Aragen, and Yotta are making headlines. Reports suggest that an investor is interested in acquiring KKR's stake in Avendus. A US-based private equity firm is leading the bidding for a portion of Haldiram. Contract drugmaker Aragen is bringing on board an investor from Singapore. Additionally, Yotta is also in the news for undisclosed reasons.
View Source
CCI approves acquisition of certain issued and paid-up equity share capital of Haldiram
Economic Times
·
23d ago
Medial
The Competition Commission of India (CCI) has approved the acquisition of certain shares of Haldiram Snacks Food Private Limited by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP. This approval follows Haldiram's announcement of selling a stake to International Holding Company (IHC) and Alpha Wave Global. Temasek, a Singapore-based investment firm, previously acquired a minority stake in Haldiram. Alpha Wave focuses on private equity, private credit, and public markets, while UAE's IHC is a leading investment firm.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
