Private Equity fund New Silk Route or NSR, which manages $1.4 billion private equity funds focused in Asia and the Indian subcontinent, on Thursday said it invested Rs 175 crore in the Hubli-based logistics company VRL Logistics Ltd, which owns 3000 trucks and 400 buses. VRL will utilise Rs 125 crore to expand its business, while its promoters will get the balance amount of Rs 50 crore for selling their stake to NSR, both the companies said.ithout disclosing the stake. […]

ChrysCapital has invested R300 crore in Ahmedabad-based Intas Pharma in a pre-IPO round funding. ChrysCapital manages $2.5 billion across six funds and has made 60 investments in India since 1999. This round of funding has come from ChrysCapital’s Fund Five and, with this investment, the firm has fully invested from its Fund Five. In March 2012, ChrysCapital raised $500 million for a new fund amid a tough fund-raising scenario. The Intas investment comes as another shot in the arm for […]