[ad_1] Ace investor Ashish Kacholia has acquired a 17.2% stake in homegrown burger chain Jumboking, making him the second-largest shareholder. The investment, of an undisclosed amount, was made through a secondary market transaction following Triton Fund’s exit from the firm.Experts estimate the transaction to be valued between Rs 70 crore and Rs 80 crore, placing…
[ad_1] MUMBAI: Shapoorji Pallonji Group is exiting the data centre construction business that it pioneered in the country. SP Group has sold the business to a group of investors including as many as 30 individuals — making it a rare M&A deal — for Rs 700 crore. Typically, in buyout deals, acquirers are limited in…
