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CCI clears proposal to acquire minority stake in BDR Pharmaceuticals

Under the transaction, the minority stake would be purchased by Multiples Private Equity Fund III, SRF Transnational Holdings Ltd, Balkrishna Industries Ltd, Dharmayug Investments Ltd, QRG Investments, and Holdings Ltd, Nishant K Agarwal, and Mallika Srinivasan.

Microsoft backs Udaan in the $250 million debt financing round

The e-commerce marketplace joins the likes of global start-ups like Airbnb, Uber and Spotify which raised capital through debt financing before an IPO.

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