Pulsar Capital in talks to buy Andhra cuisine chain Nandhana Palace for $50–60 million

The mid-sized private equity firm has a strong footprint in India, West Asia and other emerging markets. Led by former TPG executive Vish Narain, Pulsar has backed several consumer-facing companies, including Biryani by Kilo and Blue Tokai, and earlier this year partnered with PJP Investments to bring Papa John’s Pizza to India.