KKR, a global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds, has announced that Sanjay Nayar, CEO of KKR India, will transition to a new role as Chairman of KKR India, effective December 31, 2020, and Gaurav Trehan has joined the…
FlexiLoans, a Mumbai-based online lending platform, announced that it has raised Rs 150 crore in a mix of debt and equity financing from multiple investors. The investment was led by Falguni and Sanjay Nayar Family Office. The startup plans to use the funds raised to scale up its micro SME lending and launch new lending…
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…
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…
BV Krishnan, Chief Executive Officer of KKR India Financial Services Pvt. Ltd (KIFSPL), has stepped down citing personal reasons. KIFS, is the non banking financial services arm of the PE firm KKR in India. As a part of the leadership transition, KKR India’s CEO Sanjay Nayar will be the CEO of KKR India Financial Services.…