Boston-headquartered private equity firm Bain Capital is in final steps for a deal to acquire controlling stake in ice cream brand Vadilal. The news has been first reported by CNBC-TV18.
Eyewear company LensKart has received $100 million investment from private equity firm ChrysCapital for its expansion plans outside India. LensKart currently operates over 2,000 stores.
Multinational automotive corporation Stellantis NV has pledged to invest a significant amount of $2.8 billion (CAD$3.6 billion) in Canada as part of its electrification drive.