Aion Capital

Direct investment or co-investing with Indian VC/PE funds in companies is increasingly catching up

From Clix Capital set to buy majority stake in Lakhsmi Vilas Bank, RBI proposing 10-yr term for bank promoter-CEOs, here are top headlines on Friday morning

The two firms will continue with AION fund 1, which had raised $850 million, till their investments are redeemed and the fund wound up in the next few years.

Says it's in talks for only retail loan portfolio

AION expects to support InterGlobe Utsav in its next phase of growth as the company focuses on accelerating service expansion

AION focuses here on equity buyouts, hybrid capital solutions and investing in the distressed asset space, says Parth Gandhi

AION has entered exclusive discussions with InterGlobe, which could lead to a buyout of the latter's software arm for around $225-250 million, or Rs 18 bn

According to financial market sources, the deal is valued at $350 million