Corporate Updates Wednesday 23rd May 2018

• Government ready to call off Air India privatisation if bids too low
• CureFit Healthcare acquires Oaktree Capital-backed Fitness First to boost Delhi presence
• Barclays India’s Bhavin Shukla quits, to join JP Morgan
•  Mobisy, LenDenClub, Rocketium raise funds; Infibeam, EarlySalary make acquisitions
• Exclusive: NBFC Home Credit India Finance raises $88m in first quarter of 2018
• India Digest: SoftBank agrees to sell Flipkart stake; Bharti co looks to exit Future Retail
• Indian grocery delivery startup Milkbasket raises $7m in round led by Kalaari Capital
• Chinese tech giant Tencent backs $50m Series C round of Indian startup NewsDog
• Rohatyn Group acquires JP Morgan’s Asia infrastructure portfolio