19 Jun, 2013
The Leela Palace, Bengaluru
PRIVATE EQUITY
India Infoline’s PE arm invests $14M in Bangalore residential project, scripting new realty fund
March 26, 2013 | Pooja Sarkar
The new fund will also invest in commercial real estate asset class.
Intas Pharma revives IPO plan, ChrysCapital eyeing part exit
March 26, 2013 | Bruhadeeswaran R
The three-decade-old company, which planned to raise Rs 425cr in fresh capital apart from a secondary sale last year, is expected to list in Q3 FY14.
Motilal Oswal PE to buy stake in SME lender Intec Capital
March 26, 2013 | Madhav A Chanchani
The deal comes after the PE firm made 7x-8x returns in another NBFC, Jaipur-based AU Financiers.
Naturals Salon scraps PE fund raise plan, to expand through franchisee route
March 25, 2013 | Diksha Dutta
The company was in talks with five PE investors last year and Ernst & Young had the mandate to find an investor.
ChrysCapital acquires stake in pharma company Ipca Labs for $40M
March 25, 2013 | Madhav A Chanchani
The PE firm has backed several companies in the pharma sector such as Intas, Zydus Cadila, Mankind and Eris Lifesciences.
Blackstone acquires majority stake in Sree Jayajothi Cements for $100M
March 25, 2013 | Bruhadeeswaran R, Shrija Agrawal
Shriram EPC acquired majority stake in the cement firm last year by converting financial dues into equity.
Eredene in talks with StanChart PE for exit from Ocean Sparkle; may pocket modest IRR
March 22, 2013 | Bruhadeeswaran R, Pooja Sarkar
For OSL, which has seen its valuation bump up 3x in the past six years, this will be the fourth exit of a private investor.
Jacob Ballas picks 13.1% stake in Vivimed Labs on conversion of preference shares
March 22, 2013 | Bhawna Gupta
The conversion was at 12 per cent premium to the market price.
Private equity firm Quadria Capital to buy Milestone Religare
March 21, 2013 | Shrija Agrawal, Madhav A Chanchani
The deal will ensure continuity for limited partners and portfolio companies of Milestone Religare's fund, said Quadria founder Dr Amit Verma.
ICICI Venture may get into managed accounts for third party realty funds
March 20, 2013 | Pooja Sarkar
The investment sweet-spot for its recently raised realty fund is around Rs 60-100 crore.
StanChart PE-backed Prime Focus raising $10M for Dutch arm from AID Capital Partners
March 20, 2013 | Bhawna Gupta
Prime Focus is separately forming a JV with AID Capital to provide media production services in China, Hong Kong, Macau and Taiwan.
Globus Spirits raising $13M from Templeton-managed fund
March 20, 2013 | Bhawna Gupta
The liquor firm has appointed Templeton’s Rajesh Sehgal as an additional director on the board.
CVCI buying out Apollo Global from BPO firm SourceHOV
March 20, 2013 | TEAM VCC
Given the estimated value of the latest transaction, this may well be the single largest investment in an India-related portfolio for CVCI.
Motilal Oswal PE invests $6.5M in building materials firm Magicrete
March 19, 2013 | Pooja Sarkar
The firm is close to sewing two new deals in consumer goods and financial services sectors in the next one month.
Greenko Group unit raising $150M from GIC Singapore
March 19, 2013 | TEAM VCC
Largest PE investment in India’s green energy sector after Morgan Stanley Infra’s $212m deal with Continuum & Goldman Sachs’ $200m deal with ReNew.
Mahindra Lifespace buys out PE investor in Chennai residential project
March 18, 2013 | Bhawna Gupta
The JV was formed in 2009 to develop a Rs 400 crore residential project.
Real estate becoming sweet spot for buyout firms; KKR, TPG planning debut realty funds
March 15, 2013 | Shrija Agrawal
TPG and KKR are looking to raise a combined $1.5 billion or more for the funds.
TPG Capital investing $5M in Clearwater Capital-backed Flexituff
March 15, 2013 | Bhawna Gupta
This is the first fresh investment in India by TPG in almost two years.
StanChart PE consolidates private equity teams in India
March 15, 2013 | Madhav A Chanchani, Shrija Agrawal
The PE arm of London-headquartered bank has brought together the mid-market team and its main large cap team under one umbrella.
Baring PE India invests around $45M in Dabur
March 14, 2013 | Diksha Dutta
This is the PE firm’s second investment in consumer products business within a year, after backing Marico in April 2012.
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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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