Key M&A and Private Equity Deals include Sony Pictures Networks India to merge with Zee Entertainment Enterprises Ltd., Chrys capital and True North buying minority stake in Quest Global and Smytten, online platform for consumer product discovery, raising $6 million in funding. ISB Alumni Siddhartha Nangia, co-founder of Smytten has given exclusive comments to Vora Corporate Finance about their recent fund raising.
Indian stock markets have remained bullish and Sensex hit the 60,000 mark for time to reach a lifetime high in September. IPO of Paras Defence and Space Technologies Ltd. set a recordby getting subscribed 304 times.