KKR, a global investment firm, has announced the appointment of Dinesh Paliwal, former Chief Executive Officer of HARMAN International, as a new Partner in KKR’s global private equity business. In this role, Mr. Paliwal will support the Firm in identifying global investment opportunities in the industrial, consumer and automotive sectors, as well as supporting KKR…
On the occasion of International Women’s Day, EuroKids International, an education company in India backed by global investment firm KKR, has announced the appointment of Dr. Indu Shahani as a new board member. Dr. Shahani, the former Sheriff of Mumbai, is also the President and Chairperson of new-age educational schools in Design and Innovation, (ISDI)…
EuroKids International, an Education company in India backed by global investment firm KKR has announced the addition of Mr. Bijou Kurien as a new board member to the EuroKids International Group. A retail sector veteran, Mr. Kurien is credited for his contribution to the development of the Indian retail sector. He has also been associated…
KKR, a leading global investment firm, has announced the final close of KKR Asia Pacific Infrastructure Investors SCSp (the “Fund”), a US$3.9 billion fund focused on infrastructure-related investments across Asia Pacific. Commenting on the development, Ming Lu, Head of KKR Asia Pacific, said: “We are thrilled to announce the close of our inaugural Asian infrastructure…
U.S.-based private venture capital firm Sequoia Capital is leading TikTok parent – ByteDance’s fresh funding round, according to report. With the latest funding round, the valuation of the Chinese tech giant stands at $180 billion, the report added. Yiming Zhang is the founder and CEO of ByteDance. He started several ventures prior to ByteDance, including Kuxun.…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that global investment firm KKR will invest ₹ 5,550 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity stake in RRVL on a…
KKR, a global investment firm, announced that it has entered into a definitive agreement to purchase a controlling stake in J.B. Chemicals & Pharmaceuticals Ltd, one of the leading Indian pharmaceutical companies specializing in branded formulations. As part of the agreement, KKR will acquire its stake from the founding Mody family at a purchase price…
Reliance Industries Limited and Jio Platforms Limited announced that KKR will invest ₹ 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. This is KKR’s largest investment in Asia and will translate into a 2.32% equity…
KKR, a global investment firm, announced that it has entered into a definitive agreement with leading infrastructure developer Shapoorji Pallonji Infrastructure Capital to acquire five solar energy assets for a total consideration of Rs15.54 billion (approximately US$204 million). This transaction is the KKR’s second investment in India. The solar energy assets KKR has acquired from…
Gojek, an Indonesian ride-hailing and payments firm, has closed an additional $1.2 billion of funding recently, as per an internal memo reviewed by Reuters. The memo states that the company’s total funds stand at around $3 billion, and added it was still seeing “strong demand” among the investment community despite “turbulence within the tech investment…
KKR, a global investment firm has announced that it has acquired Riata Corporate Park in Austin, Texas, in a deal valued at approximately $258 million. Riata Corporate Park is an eight-building, 688,100 square foot, Class A office campus located in Northwest Austin, Austin’s largest office submarket. The acquisition includes an adjacent land site that is…
Kohlberg Kravis Roberts & Co. L.P. (together with affiliates, “KKR”) has appointed Tashwinder Singh as Director of KKR India based in Mumbai. Mr. Singh joins KKR after serving over 18 years at Citigroup India. Leveraging his commercial and private banking experience where he advised promoters, Mr. Singh will identify and develop strategic partnerships to grow…