Private equity firm SAIF Partners is in advanced talks to buy around 30% stake in Delhi-based kidswear retail chain Catmoss for Rs 70 crore, a person familiar with the matter said. The fund will help the apparel maker expand across the country. Catmoss runs around 150 exclusive brand outlets besides contributing to large format stores and multi-brand outlets. While an email sent to Catmoss did not elicit any response, senior executives of SAIF Partners declined to comment on the proposed transaction. Established in early 2000, Catmoss clocked net profit of around Rs 7.5 crore with revenues of Rs 130 crore. […]

Private equity investor Actis is set to acquire a stake in infrastructure major GVK’s power business for about INR 1,000 crore. As per report the deal was close to being finalized and would be done over the next six to eight weeks two sources involved in finalizing the deal. A person involved with the negotiations said that the UK based PE fund could invest in the Hyderabad headquartered company through its USD 750 million Emerging Markets Fund with infrastructure in focus. Actis which focuses on emerging markets had earlier talked about India having the highest share in its USD 2.9 billion global fund. Mr JM Trivedi Partner and Head for Actis South Asia said that for Indicating a build up in deals in the pipeline the share of the company’s investment in India could go as high as USD 1.2 billion. […]