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Flipkart cofounder Binny Bansal is in talks to invest about $100-150 million in PhonePe as part of an ongoing financing round at the digital payments company, people in the know said.
Blackstone, CVC Capital Partners and Goldman Sachs are among several bulge-bracket global private equity funds weighing bids to buy a controlling stake in the International Gemological Institute (IGI) in a deal that could value the world’s biggest independent diamond-grading firm anywhere between $250 million and $300 million, two people directly aware of the talks told ET.
Max Healthcare Institute and KKR & Co have initiated separate discussions with TPG to buy Care Hospitals after earlier frontrunner Blackstone pulled out due to a valuation mismatch, said people with knowledge of the matter.
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