Loop In Fundraising Talks With Carlyle
  • Prabha Hedge
  • Dec 31 2013

December 31: Sources tell Bloomberg TV India that private equity investor Carlyle is in talks with Loop Mobile for equity infusion to provide funding for it to participate in the upcoming spectrum auctions in January. Loop Mobile whose licence expires in 2014 is in desperate need to raise fund. Bloomberg TV India’s Priya Sheth shares a detailed report on the same.