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KKR backs Rebel Foods for its latest growth equity investment in India

Deal part of KKR's to support 'innovative and disruptive companies' in Asia

KKR backs Rebel Foods for its latest growth equity investment in India
Updated On : 20 Dec 2024 | 12:12 AM IST

Bain goes hostile as Fuji Soft battle with KKR intensifies: Report

The estimated $2 billion bid for just under half of the Japanese IT firm's shares likely portends a rare hostile tussle between the two global private equity giants

Bain goes hostile as Fuji Soft battle with KKR intensifies: Report
Updated On : 18 Dec 2024 | 11:06 PM IST

CCI approves US-based KKR's proposal to acquire stake in Rebel Foods

The Competition Commission of India (CCI) on Monday approved global investment firm KKR's proposal to acquire a stake in home-grown food-tech company Rebel Foods. US-based KKR (Kohlberg Kravis Roberts & Co), through its affiliate -- Royce Asia Holdings II Pte, is acquiring a stake in Rebel Foods, which owns Faasos, Behrouz Biryani, Oven Story and other cloud kitchens. "By way of the proposed transaction, Royce proposes to acquire certain equity shares and compulsorily convertible preference shares of Rebel Foods (on a fully diluted basis) by way of a secondary purchase," CCI said. Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Mumbai-based Rebel Foods has 450 kitchens across 10 countries, including India, Indonesia, the UK and the United Arab Emirates. "There are no horizontal overlaps and or vertical/ complementary links between the activities of the parties (Royce Asia Holdings II and Rebel Foods) and their respective groups/ affiliates, in India. "Accordingly, absent ..

CCI approves US-based KKR's proposal to acquire stake in Rebel Foods
Updated On : 16 Dec 2024 | 10:49 PM IST

IPL 2025: Venkatesh Iyer 'happy and ready' for KKR captaincy role

Bought back by Kolkata Knight Riders for a whopping Rs 23.75 crore at the IPL mega auction here, Venkatesh Iyer on Sunday said he would be "more than happy" to take on the captaincy challenge and step into Shreyas Iyer's shoes. In a bold and unexpected move, the Shah Rukh Khan-owned franchise chose not to retain their 2024 IPL-winning captain Shreyas Iyer at the mega auction here and went for an all out bidding war against Royal Challengers Bengaluru to secure Venkatesh. "I had the opportunity to captain the side in Nitish Rana's absence when he was unfortunately injured, and I was the vice-captain as well," said Venkatesh after he was bought by KKR for the huge amount. "I've always believed that captaincy is just a tag, but leadership is about creating an environment where everyone feels they can play for this team and contribute. If given the responsibility, I would be more than happy to take it on. Absolutely (I'm ready for it). "Together, we will aim to defend the championship

IPL 2025: Venkatesh Iyer 'happy and ready' for KKR captaincy role
Updated On : 25 Nov 2024 | 7:02 AM IST

KKR arm, Singtel gets CCI's approval to acquire stake in STT GDC

The Competition Commission of India (CCI) on Tuesday cleared KKR-affiliate Ruby Asia Holdings II and Singtel's proposal to acquire a stake in STT GDC. ST Telemedia Global Data Centres (STT GDC) is a wholly-owned subsidiary of Singapore Technologies Telemedia. STT GDC through its indirect subsidiary STT Global Data Centres India Pvt Ltd (STT GDC India) provides critical services, including high-quality colocation, connectivity, and round-the-clock support services. Global investment firm KKR through its arm Ruby Asia Holdings II is acquiring a stake in the company. "Commission approves acquisition of shares of STT GDC Pte Ltd by Ruby Asia Holdings II Pte Ltd and Singtel Interactive Pte Ltd subject to compliance of certain voluntary commitments submitted by the parties," CCI said in a release. Singtel Interactive Pte (Singtel) is a wholly-owned subsidiary of Singtel Telecommunications Ltd. The Singtel Group is an Asian communications technology group, operating connectivity, digita

KKR arm, Singtel gets CCI's approval to acquire stake in STT GDC
Updated On : 05 Nov 2024 | 9:44 PM IST

Here's why Kolkata Knight Riders could retain Shreyas Iyer in IPL auction

With the deadline to submit the list of retained players on October 31, reports suggest that Shreyas Iyer is most likely to be retained by Kolkata.

Here's why Kolkata Knight Riders could retain Shreyas Iyer in IPL auction
Updated On : 01 Nov 2024 | 8:05 AM IST

IPL 2025 Auction: Shreyas Iyer unlikely to be retained by KKR

Iyer is now unlikely to feature on KKR's retention list, which will be submitted to the BCCI on Thursday evening.

IPL 2025 Auction: Shreyas Iyer unlikely to be retained by KKR
Updated On : 30 Oct 2024 | 4:10 PM IST

Dwayne Bravo sends special message to CSK fans after joining KKR as mentor

Kolkata Knight Riders announced former West Indies all-rounder Bravo as the franchise's new mentor, succeeding Gautam Gambhir, ahead of the Indian Premier League (IPL) 2025.

Dwayne Bravo sends special message to CSK fans after joining KKR as mentor
Updated On : 28 Sep 2024 | 5:42 PM IST

Nomura, Mizuho leading bidders for majority stake in Avendus Capital

KKR and Avendus management are working together on the sale, the people said

Nomura, Mizuho leading bidders for majority stake in Avendus Capital
Updated On : 25 Sep 2024 | 1:42 PM IST

KKR's Agrawal calls industrial infra 'next big thing' in asset class

Data centers and logistics have been big plays for alternative asset managers in real estate and infrastructure as they look to capitalize on long-term trends

KKR's Agrawal calls industrial infra 'next big thing' in asset class
Updated On : 09 Sep 2024 | 11:05 PM IST

Torrent Pharma seeks to raise $3 bn for KKR's stake in JB Chemicals

Deliberations about the stake purchase are ongoing and no final decisions have been made, the people said. Other bidders may still remain interested in acquiring the stake, the people said

Torrent Pharma seeks to raise $3 bn for KKR's stake in JB Chemicals
Updated On : 13 Aug 2024 | 1:35 PM IST

KKR's second-quarter net income soars by 49% to $972 million on higher fees

KKR's shares were up 3.72 per cent at $124.25 early on Wednesday, giving the private equity group a market value of about $110 billion

KKR's second-quarter net income soars by 49% to $972 million on higher fees
Updated On : 31 Jul 2024 | 11:56 PM IST

I had skills but Gautam bhai changed my mindset in KKR, says Harshit Rana

"Delhi mein dil tooth sakta hai par humne kabhi hausla nahi haraa (You can get hurt in Delhi but I never lost hope)." These were an emotional Harshit Rana's first words after learning about his maiden call-up in the Indian ODI team comprising icons Virat Kohli and Rohit Sharma. The 22-year-old speedster from Delhi's South Extension, who did the tough grind since the junior levels, often got overlooked, but one stellar IPL season of 19 wickets in Kolkata Knight Riders' triumphant campaign brought him into the national reckoning. "I believed in working hard but whenever I used to get hurt after being overlooked in age-group teams, I would sit in my room and start sobbing. My father Pradeep never ever gave up hope. "If I have to name three people whom I am indebted to in this beautiful journey of mine, then it is my father for his efforts, my personal coach Amit Bhandari sir (former India and Delhi pacer) and above everyone else Gauti bhaiyya (Gautam Gambhir)," Rana told PTI during an

I had skills but Gautam bhai changed my mindset in KKR, says Harshit Rana
Updated On : 19 Jul 2024 | 9:57 AM IST

KKR seeks $20 billion for its new North America private equity fund

The New York-based firm, which had $578 billion in assets under management as of the end of March, is returning to a tougher fundraising market for buyout funds

KKR seeks $20 billion for its new North America private equity fund
Updated On : 24 Jun 2024 | 9:39 PM IST

KKR-SingTel consortium leads race for $1 bn stake in data centre provider

A deal could be sealed or announced in early June, the first source added

KKR-SingTel consortium leads race for $1 bn stake in data centre provider
Updated On : 29 May 2024 | 10:35 AM IST

KKR players spend night in Varanasi after flight diverted multiple times

Kolkata Knight Riders players had a harrowing experience as they were forced to spend a night at Varanasi after their flight from Lucknow to Kolkata was diverted multiple times due to bad weather. Following their massive 98-run win over Lucknow Super Giants on Sunday, the Shreyas Iyer-led side left on Monday evening for Kolkata at 5:45pm. The team was scheduled to arrive at 7.25pm. But the charter flight had to be diverted to Guwahati first and then to Varanasi after adverse weather conditions made it impossible to land the plane in Kolkata. The KKR media team provided an update at 8.46pm, saying, "Due to inclement weather over Kolkata, the KKR charter flight has been diverted to Guwahati. We've just landed here." Then another update at 9.43pm said, "We've got clearance to fly back to Kolkata now, from Guwahati. Estimated arrival: 11pm." However, the ordeal was not over for the players and support staff as multiple attempts to land the flight failed, forcing the officials to diver

KKR players spend night in Varanasi after flight diverted multiple times
Updated On : 07 May 2024 | 6:36 PM IST

KKR acquires Bengaluru-based medical devices company Healthium MedTech

According to sources close to the deal, the value of the acquisition is Rs 6,500-7,000 crore

KKR acquires Bengaluru-based medical devices company Healthium MedTech
Updated On : 06 May 2024 | 10:54 PM IST

KKR to acquire Bengaluru-based medical device maker Healthium from Apax

The investment will be made through KKR's Asian Fund IV, according to Monday's statement, which didn't disclose financial details

KKR to acquire Bengaluru-based medical device maker Healthium from Apax
Updated On : 06 May 2024 | 12:49 PM IST

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets
Updated On : 03 May 2024 | 10:14 AM IST

KKR bets on domestic consumption story, private credit in India push

KKR has deployed about $11 billion in India over almost two decades, where it has invested in companies across healthcare, life sciences, technology services and consumer-focused sectors

KKR bets on domestic consumption story, private credit in India push
Updated On : 24 Apr 2024 | 10:56 PM IST