BANKING & FINANCE
Arka Raises ₹525 Cr From TPG’s Rise Funds For Retail Lending Expansion
Arka Fincap Ltd, a Kirloskar-backed non-banking financial company (NBFC), has signed definitive agreements with The Rise Funds, TPG’s multi-sector global impact investing strategy, for a strategic investment to accelerate its growth and retail lending transformation. The investment comprises an initial infusion of ₹525 crore, with the potential for a further ₹275 crore through a subsequent […]
CW Bureau
·
Nov 7, 2026
HOSPITALITY
Moopen Family Ups Aster DM Stake To 24.58% With ₹350 Cr Purchase
Union (Mauritius) Holdings Ltd., owned and promoted by Dr. Azad Moopen and his family, has acquired 46.09 lakh equity shares of Aster DM Quality Care Ltd. from TPG-backed Centella Mauritius Holdings Ltd. for about ₹350.34 crore. The shares, representing around 0.57% of Aster DM Quality Care’s paid-up equity share capital, were acquired on September 2 […]
CW Bureau
·
Sep 4, 2026
HOSPITALITY
Aster DM Healthcare Clears Key Hurdle For Quality Care India Merger
Bengaluru-based Aster DM Healthcare Ltd has received an overwhelming 96.68% approval from shareholders, along with strong backing from minority shareholders and creditors, for its proposed merger with Quality Care India Limited (QCIL). The approval follows earlier support from shareholders for the share swap arrangement preceding the merger, reflecting broad-based investor confidence in the transaction. The […]
CW Bureau
·
Mar 12, 2026
