<h1>Indian Competition Commission Approves API Holdings Share Subscription by MEMG LLP and 360 ONE Private Equity Fund.</h1> The Competition Commission of India has approved the subscription to Class B Compulsorily Convertible Preference Shares of API Holdings by MEMG LLP and 360 ONE. MEMG LLP, part of the Pai Family Group, offers consulting and advisory services in India. 360 ONE, managed by 360 ONE Asset Management Limited, is a private equity fund investing in various sectors. API Holdings is involved in the pharmaceutical and healthcare sector in India. This acquisition falls under Section 5(a)(i)(A) of the Competition Act, 2002.