27 Jun, 2013
ITC Sheraton Hotel, New Delhi
Announcement:
Top Headlines
ChrysCapital buys into IT services firm Infotech Enterprises 
Madhav A Chanchani
The mid-sized IT firm, based in Hyderabad, also counts Carlyle, General Atlantic and Carrier International as its major shareholders.
Omnivore invests in Bangalore-based agri-tech startup Barrix
Bruhadeeswaran R
Barrix marks fifth portfolio investment for Omnivore and its second deal in as many months this year.
Religare promoters to divest stake worth $182M to meet banking licence norms
Bruhadeeswaran R
The board of Religare Enterprises had requested the promoters to dilute their stake after its meeting on May 23.
JLL makes first close of maiden realty fund at $17.2M
Pooja Sarkar
The fund is expected to invest Rs 25-30 crore per project with a portfolio of 10-12 projects in its target market.
CloudByte raises $4M Series B round led by Fidelity Growth Partners; Nexus, Kae also participate
Sonam Gulati
Last year, the cloud storage firm secured $2.1 million from Nexus Venture Partners and Kae Capital.
Asian Healthcare Fund investing in primary healthcare chain Healthspring
Lohit Jagwani
The PE firm, floated in 2010, struck its debut deal with an investment of Rs 40 crore in MyDentist in April this year.
All eyes on Ben Bernanke
Global markets await a policy announcement by the US Federal Reserve chief Ben Bernanke on Wednesday, which may indicate a scaling back of quantitative easing. Pruning monetary stimulus may shrink fund flow to India, putting further pressure on the Rupee.
Other Headlines
In Conversation
CavinKare may look at another PE funding in FY15 before going public: CK Ranganathan
The promoter of the consumer products firm talks about plans to launch new products and brands besides the road to an IPO.
By Diksha Dutta
Happiest Minds CEO Vikram Gulati on acquisition strategy, funding and expansion plans
The IT services provider raised around $45 million, led by Canaan Partners and Intel Capital, in 2011 and has already hit a revenue run rate of $20 million.
By Diksha Dutta
Views
Praveen Chakravarty
MUKUL AGGARWAL & SAHIL SHAH
JOBS
- Private Equity - Nereus Capital
- Associate - Red Fort Capital Advisors Pvt Ltd
RECENT COMMENTS
- 19 June 2013RaxitonVrishank, gr8 interview, met shailesh few months back and really impressed!
- 18 June 2013Vijay SambamurthionWith all due respect.....I disagree with most of this article! The author has cleverly employed rhetoric to make a...
- 18 June 2013ManishonSandeep, your article does not provide any substantial reasons on why marketplace is more difficult than inventory-led...
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
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