Aggarwal’s voting rights in ANI approved
The Competition Commission of India (CCI) has approved acquisition of shares by Singapore’s MacRitchie Investments Pte Ltd and Fort Canning Investments Pte Ltd in ANI Technologies Private Limited which operates an internet and mobile technology platform which provides taxi and auto-rickshaw aggregation services under the brand name Ola.
The CCI has also approved votings rights by Bhavish Aggarwal in ANI which is also, through its subsidiaries, engaged in the businesses of manufacturing and selling food, digital payments, etc. Bhavish is executive director of ANI.
MacRitchie is an investment company of Singapore investor Temasek Group while Fort Canning is a Singapore-registered investment holding company.
The CCI has also approved acquisition of shares by Plum Wood Investment in ANI.
Shareholders of Plum Wood are certain private equity funds managed by Warburg Pincus LLC (Warburg Pincus). Warburg Pincus is headquartered in New York, United States. It acts as a manager to certain private equity funds. #investment #technology #banking /fiinews.com
