19 Jun, 2013
The Leela Palace, Bengaluru
PRIVATE EQUITY
Apax scores 2.7x returns on debut exit in India; sells 4.6% in Apollo Hospitals for $98M
February 11, 2013 | Madhav A Chanchani
This comes amid a string of part and full exits by various PE firms from their India portfolio over the past fortnight.
Tata Capital Growth Fund to invest in Star Health & Allied Insurance
February 11, 2013 | Madhav A Chanchani
Third known investment by the sector-agnostic fund which made a final close last year at $240 million, raising money from both domestic and overseas limited partners.
Creador picks 9.9% in Repco Home Finance for $13.7M; Carlyle part-exits with up to 4x returns
February 08, 2013 | Madhav A Chanchani
Carlyle Group invested Rs 108 crore in Repco Home Finance in two tranches in 2008-09 for 49.7 per cent stake in the company.
Bharat Biotech looks at second round of PE funding, ICICI Ventures revives exit plan
February 07, 2013 | Diksha Dutta
The company is in talks with CX Partners and Fidelity Growth Partners India.
IFC looking to invest $50M in Tata Housing’s affordable housing arm Smart Value Homes
February 07, 2013 | Bhawna Gupta
Mumbai-headquartered SVH will use the funds to build affordable housing near industrial clusters in the 10 largest metros in India.
20Cube Logistics raises $17M from Zephyr Peacock and Credence Partners
February 07, 2013 | Bruhadeeswaran R
Over the past one year, General Atlantic, KKR, New Silk Route and Ambit Pragma, among others, have together invested over $200 million in logistics and air-freight firms, as per VCCEdge.
IFMR Rural Channels eyes $5M in second round of private funding
February 07, 2013 | Bruhadeeswaran R
In March 2012, the company received its first equity funding from Lok Capital and Proparco, who together invested $5 million.
HarbourVest and Harjit Bhatia-led Asia Growth Capital buy Asian PE Portfolio of Credit Suisse
February 06, 2013 | Bruhadeeswaran R
Founded in 2010, Asia Growth Capital is a Singapore-based PE firm that focuses on opportunities in India and the South-east Asia.
Warburg Pincus exiting NYSE-listed WNS with 7.5x returns
February 06, 2013 | Bhawna Gupta
With the fresh share sale, the PE firm could be pocketing around $285 million cumulatively through three rounds of part-exit.
General Atlantic, Oak Hill selling another 4.8% stake in Genpact for around $180M
February 06, 2013 | Bhawna Gupta
Coupled with their other part-exits, the latest share sale means the two investors will be pocketing around $1.8 billion cumulatively.
Clearwater Capital exits Sayaji Hotels with over 70% valuation bump
February 06, 2013 | Bhawna Gupta
The investor will, however, pull out a relatively lower return in dollar terms with modest IRR on its seven-year-old investment.
Urban microlender Satin Creditcare eyes $15M in fresh private funding
February 05, 2013 | Bruhadeeswaran R
The transaction would also see a churn in investors with one of its early investors pressing the exit button.
IFC to buy up to 20% stake in DHFL-promoted NBFC Avanse Financial for $2.3M
February 05, 2013 | Bhawna Gupta
DHFL is backed by Sequoia Capital and investment entities of the government of Singapore.
Blackstone acquires majority stake in two Maldives-based seaplane operators
February 05, 2013 | Bhawna Gupta
In another PE deal involving the tourism sector in South Asia, Fairbridge Capital had acquired majority stake in public listed Thomas Cook (India) last year.
Matrix-backed Center For Sight eyes 2nd round of PE funding, aims to boost tertiary care centres
February 04, 2013 | Diksha Dutta, Shrija Agrawal
In 2010, the speciality eye hospital chain had raised Rs 50 crore from Martix Partners India.
Avigo Capital, Matrix Partners invest $18.7M in Maharana Infrastructure & Professional Services
February 01, 2013 | Diksha Dutta
In April 2011, the company received Series A investment of Rs 50 crore from Matrix Partners India.
AIG Real Estate may bring another investor in Chennai SEZ, buys RMZ in Hyderabad project
February 01, 2013 | Pooja Sarkar
AIG Global Real Estate sponsored its India-dedicated fund, which had a final closing in June 2008 with total capital commitments of $282m.
SMEs gain PE traction, raising equity necessary before IPO
February 01, 2013 | Diksha Dutta
Platforms like SME exchange will make it easier for the investors to invest or exit in the mid market, say participants at Emerging Enterprises Investment Summit 2013.
IL&FS PE expects to raise $200M for three funds in 4th quarter
February 01, 2013 | Madhav A Chanchani
The PE firm expects to raise the amount for its Middle East infrastructure fund, a new growth capital fund and a public markets fund.
IFC & Yes Bank to set up PE fund for investments in north-east India
January 31, 2013 | Bruhadeeswaran R
Last year, IFC provided $75 million loan to help Yes Bank expand its network to reach underserved people, small & medium enterprises, and agricultural borrowers in India.
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JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 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...
- 21 May 2013AnooponThe biggest problem in Indian PE fund GPs is Ethics. They want Day-One-Carry rather than long term carry. There should...
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