Real-time funding, M&A, exec moves & hiring — the signals that move deals
More real-time opportunities that match your ICP — every funding, M&A, and exec move the moment it breaks, with the verified contacts to reach out first.
Funding, M&A, exec moves & hiring — every signal Fundz sees, the moment it happens. See who’s in your market, who to reach, and why now.
Acquiring Company
Adani Enterprises
Acquired Company
Jaiprakash Associates Ltd (JAL)
AhmedabadNoidaEnergyOil And GasArtificial IntelligenceTransportationRenewable EnergyBlockchainSolarConsultingMiningLogisticsBiomass EnergyUtilitiesReal EstateConstructionDescription
Adani Enterprises has received approval for a Rs 14,535 crore resolution plan to acquire Jaiprakash Associates Ltd (JAL), which includes major real estate assets. This acquisition aims to address homebuyer claims and obligations previously unmet by JAL. The plan offers homebuyers a choice between delivery of homes within two years or a refund of the purchase price. The acquisition is part of one of India's largest bankruptcy cases.