Permira of London and TPG of San Francisco, California, have bought stakes in Cloudnine Hospitals, a maternity and child care chain based in Bengaluru, in southern India. Mint reported the $450 million deal on September 29, citing two people familiar with the matter, and said it values Cloudnine at $1.3...
India’s $2 Billion AI Data Center Leap
A partnership between Mumbai-based Tata Consultancy Services (TCS) and the Texas- and San Francisco- headquartered private equity firm TPG will build a critical Artificial Intelligence (AI) data center infrastructure in India. Salient features of the collaboration: Investment Secured: Tata Consultancy Services (TCS) has secured a $1 billion investment from private equity...
Britain's Apax Partners to Acquire India's Healthium Medtech
British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...