19 Jun, 2013
The Leela Palace, Bengaluru
PRIVATE EQUITY
Ratnakar Bank raises another $60M; existing investors see 60% upside
April 10, 2013 | Madhav A Chanchani
Investors like IFC, Aditya Birla PE, Emerging India Fund, IDFC Spice Fund and Ascent Capital have picked up around 12% stake.
Baring PE India hikes stake in Dabur, puts around $18M more
April 10, 2013 | Diksha Dutta
This is the PE firm’s second investment in consumer products business within a year, after backing Marico in April 2012.
CDIB Capital invests in Samara-backed duty free shop operator Flemingo
April 10, 2013 | Madhav A Chanchani
Flemingo also raised $30 million from the fund run by former US Secretary of State Madeleine Albright.
Capvent invests in water purification firm Morf India
April 09, 2013 | Madhav A Chanchani
The Chennai-based firm has a deal with Electrolux under which Morf will sell the Kelvinator range of water purifiers and air purifiers in India and Sri Lanka.
Zephyr Peacock makes second close of its third India-focused fund
April 08, 2013 | Madhav A Chanchani
The second close comes nearly one year after the PE firm made a first close at $50 million.
Halcyon-controlled Radiant Life Care in talks with other PE players to raise $100M
April 08, 2013 | Lohit Jagwani
Radiant is close to signing two more agreements to operate and manage hospitals in Bhilai and Nashik.
Utkarsh Micro Finance raises $3.6M from existing investors; promoters to put in more
April 08, 2013 | Bruhadeeswaran R, Bhawna Gupta
In September 2011, it raised Rs 25 crore in Series B funding, led by Norwegian Microfinance Initiative.
Navayuga Road Projects raises $100M from Piramal Enterprises
April 05, 2013 | Bhawna Gupta
The Hyderabad-based group’s flagship firm Navayuga Engineering raised PE funding from 3i Group in 2006.
Satin Creditcare raises $7.6M in new funding, Lok Capital scores 2x in exit
April 05, 2013 | Bruhadeeswaran R
The deal, which also marks one of the first portfolio exits of Lok Capital, values the microfinance lender at Rs 200 crore.
Norwest Venture Partners starts exiting Shriram City at nearly 4x
April 03, 2013 | Madhav A Chanchani
ICICI Venture, which started exiting in September 2012, also sold more shares today.
Realty PE deal volumes sink to 4-year low in Q1
April 03, 2013 | Pooja Sarkar
Last quarter, most of the realty PE transactions were in the commercial real estate asset class as compared to the residential asset space in the past.
IIFL Income Opportunities Fund raises $116M, commits $46M
April 03, 2013 | Pooja Sarkar
The fund, which raised the corpus from HNIs and corporates, is targeting internal rate of return in the range of 16-17%.
PE deals down by a third, M&A slips marginally in India during Q1
April 02, 2013 | Madhav A Chanchani
While inbound M&A deal volume skid, outbound deal count rose by around a quarter in Q1, showing better appetite of Indian firms for overseas acquisitions.
Indiareit raising new $138M domestic fund, Piramal Enterprises to co-invest
April 02, 2013 | Pooja Sarkar
It is also reviving its offshore realty fund.
Indiareit invests $36.4M across residential projects
April 02, 2013 | Pooja Sarkar
One of the investments include a maiden commitment from the recently raised Rs 400 crore Mumbai Redevelopment Fund.
IFC to lend up to $11M to Pune-based Suryoday Microfinance
April 02, 2013 | Bruhadeeswaran R
The would help the MFI meet its regulatory capital adequacy requirements for 2-3 years.
Zephyr Peacock invests $9.2M in Pennar Engineered Building Systems
April 02, 2013 | Bhawna Gupta
This is the second investment of the PE firm in India this year.
Temasek part-exits Graviss Hospitality with over 50% hair-cut
April 01, 2013 | Lohit Jagwani
Graviss also counts InterContinental Hotels Group as a shareholder with 5% stake.
Wolfensohn Capital Partners to buy stake in NSE
April 01, 2013 | Madhav A Chanchani
In May 2010, Temasek bought 5% stake in NSE from NYSE Euronext for $150 million.
Ambit ventures into principal investments business
March 28, 2013 | Bruhadeeswaran R
Ambit Pragma, the PE arm of Ambit, chases growth capital investments in mid-market companies.
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JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 24 May 2013Nishamt K SinghonRenuka is truly a veteran in the indian PE industry. I completely agree that flexibility ensures the best returns for...
- 23 May 2013Murali ApparajuonInteresting surmises! What makes the takeaways less validated however is the lack of disclosure or at least a...
- 23 May 2013VaradhaonPhoenix LP's are managing your money and my money - so they ought to maintain an arm's length and review...
- 21 May 2013PhoenixonWell said Varadha. This comment of your is unclear, " LPs ought to maintain an arm's distance from GPs and...
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