Experienced investors sense an opportunity as India’s attractiveness wanes: SBI Macquarie Infra CEO.
Improving the balance sheet is a tough challenge for the group that focused on microfin biz but right now, its mantra is to cut costs & increase fee-based income.
Owing to competition and subdued demand, the company is bumping up its reach in Tier III & Tier IV cities and will not cut interest rates to boost growth.
The Blackstone-funded company is targeting revenues of Rs 3,500 crore this year from Rs 2,400 crore in the previous fiscal year.
Just over a year of fundraising, Omnivore has managed to raise more than 75 per cent of its targeted Rs 250 crore fund.
The privately held firm which aims to corner 3-4% of every woman’s wardrobe in India had raised $11.3 million from Franklin Templeton’s PE arm in July 2011.
The firm has just sewn a deal for acquiring India business for brands such as Debenhams, Next and Nautica.
Piramal Enterprises’ CFO in a candid discussion shares a blueprint for M&As, investment strategy and how the cash rich firm is juggling organic and inorganic expansion plans and more.
The digital marketing startup had raised an unusually large $100M round of PE funding.
India Equity Partners recently acquired majority stake in the dental care chain which is eyeing five-fold jump in revenues to Rs 100 cr by 2015.
The investment banking market in the country is overcrowded in terms of service providers vis-a-vis the depth of the market.
The private equity group at IDFC Alternatives is now looking at more opportunities at the intersection of consumer and infrastructure sectors.
In an interaction with VCCircle, Trivitron Group MD talks about the inorganic expansion plans of the company.
Mobilising domestic capital pool to create an entrepreneurial ecosystem is a tough challenge, says Sinha, partner and MD of Omidyar Network.
Nexus Ventures’ Naren Gupta says India investment sentiment is the worst he has seen in 10-20 yrs but LPs see opportunities in early-stage investments.
The man behind India’s largest microlender talks about the state of funding in the sector, issue of margin cap and cost of operations.
One of the twin sons of Sunil Mittal, Kavin says due to the massive work culture difference, BSB would not have been a success if it was a part of Airtel.
Sequoia Capital-backed payment solutions firm says growth would be led by PoS biz; sees opportunities in South & South-east Asian markets.
For LPs, India is still an investment destination but they are looking for a more studied and selective investment approach, says the PE veteran.
PE-backed handset maker Micromax has pushed back its proposed IPO but recently raised fresh funding from Chinese fables semiconductor maker.