| Kerala board celebrates London Masala Bond listing London: The Kerala Infrastructure Investment Fund Board (KIIFB) has raised Rs 21.5 billion (US$ 312 million) by issuing offshore Rupee senior secured fixed-rate bond, which will help in development of infrastructure in the state.... | PTI | May 17, 2019 |
| VCs, PE firms bet big on packaged consumer goods, park US$ 676 mn in 2018 New Delhi: Private equity (PE) and venture capital (VC) investments in India's consumer packaged goods (CPG) companies nearly doubled year-on-year to US$ 676 million in 2018, driven by rising interest of PE and VC firms in such companies.... | Business Standard | May 16, 2019 |
| Mexican fast-food major Taco Bell plans to open 600 outlets in India New Delhi: Global fast-food chain Taco Bell is planning to make India its second-largest market by opening 600 outlets over the next 10 years, according to Ms Liz Williams, President, Taco Bell International.... | Business Standard | May 16, 2019 |
| SoftBank leads US$ 200 million investment in Grofers Bengaluru: Grofers, an online grocery company, has raised US$ 220 million in a Series F funding round led by the SoftBank Vision Fund, which will be used to expand the company's supply chain operations.... | Livemint | May 15, 2019 |
| DocsApp raises US$ 1.7 million in venture debt from InnoVen Bengaluru: Online doctor consultation app DocsApp has raised Rs 12 crore (US$ 1.7 million) in debt funding in a funding round led by Innoven Capital.... | Livemint | May 14, 2019 |