19 Jun, 2013
The Leela Palace, Bengaluru
PRIVATE EQUITY
ICICI Prudential PMS invests $14.4M in Kumar Urban Development's project
May 21, 2013 | Pooja Sarkar, Madhav A Chanchani
This is the second investment by the investment firm in a project by the same builder in Pune.
Praveen Kadle of Tata Capital on PE arm's fundraising, overseas funds and investment opportunities in India
May 21, 2013 | Bruhadeeswaran R
The firm's PE arm managed to raise $1 billion during difficult market conditions and opened up India to a new class of investors.
What do Limited Partners want from Indian private equity fund managers: Results of an exclusive VCCircle survey of global LPs
May 20, 2013 | Shrija Agrawal
VCCircle brings to you a survey of over a dozen LPs who have an exposure to the region to understand how they view the Indian PE market currently.
Sequoia leads $8M second funding round at energy drink maker Hector Beverages
May 20, 2013 | TEAM VCC
Existing investors Catamaran Ventures and Footprint Ventures, who brought in around $1 million in the first round of funding two years ago in the maker of Tzinga branded energy drink, also participated.
Oman India Joint Investment Fund expects to fully deploy $100M corpus by FY14 end
May 20, 2013 | Madhav A Chanchani
The JV between SBI and Oman’s sovereign wealth fund aims to take fund corpus to $1.5 billion.
Utkarsh pegs capital requirement at $72.8M, aims to raise $6-7M this fiscal via ECB
May 17, 2013 | Bruhadeeswaran R
The MFI expects to increase its reach five times to more than 800,000 women borrowers in six years.
China, India to be biggest investors by 2030
May 17, 2013 | Reuters
The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on Thursday.
Nalanda Capital buys around 8% stake in auto ancillary firm NRB Bearings
May 17, 2013 | TEAM VCC
Another major shareholder in NRB Bearings is the hedge fund Acacia Capital, which owns nearly 7% stake.
IndoUS Ventures-backed CarZ in talks with PE players to raise $15M in Series B
May 16, 2013 | Vrishank Chandavarkar
The Hyderabad-based car services company is also looking to expand its operations in Gujarat and Maharashtra.
The Beer Café raises $4.5M from Mayfield
May 16, 2013 | Diksha Dutta
This is the second deal of the year in the restaurant chain business. Last month, CX Partners invested $20 million in Barbeque Nation Hospitality.
Manipal Health Enterprises invests in Ankur Healthcare
May 16, 2013 | TEAM VCC
Post the deal, Ankur will expand from 4 centres to 12 over the next 18-24 months.
JLL raises $22.8M towards debut fund; targets $54.7M
May 15, 2013 | Pooja Sarkar
Looks at first close by month end at $27.3-36.4M.
Clearwater Capital ups stake in GSS Infotech as market cap shrinks
May 15, 2013 | Bhawna Gupta, Madhav A Chanchani
The share price of the IT firm has fallen more than 80% in the past two years as revenues slide and the firm has slipped into losses.
Indiareit’s development arm launches debut project
May 15, 2013 | Pooja Sarkar
The fund is developing its own residential projects under the brand Address Makers.
Matrix Partners-backed Mewar Orthopaedic will invest $2.9M to build 6 hospitals by end of FY14
May 15, 2013 | Lohit Jagwani
The company raised $5.46 million from Matrix India Fund in 2012 for 20 per cent stake.
IFC to invest up to $17M in IDFC-backed Parag Milk Foods
May 15, 2013 | Bhawna Gupta
Last September, IDFC Private Equity Fund III invested $29 million in Parag through compulsorily convertible debentures.
Baring Private Equity Asia to invest $260M in Lafarge India
May 15, 2013 | TEAM VCC
The transaction will be the largest PE investment in India’s cement sector, topping KKR & Co’s $175 million infusion in the cement business of Dalmia Cement (Bharat) Ltd in 2010.
Kidswear retail chain Gini & Jony restructures debt; to raise up to $18M in PE funding
May 14, 2013 | Diksha Dutta
Lakhani brothers, promoters of Gini & Jony, currently hold 65% stake in the company while around 22% stake is held by Reliance Capital.
Tata Opportunities Fund nearing two deals, also to target buyouts
May 14, 2013 | Madhav A Chanchani
The fund’s LPs have significant co-investment appetite and the firm is looking to cut deals as large as $300 million.
Omega Healthcare looking to raise up to $50M by year-end
May 13, 2013 | Diksha Dutta
Last year, media reports suggested that TA Associates was acquiring a controlling stake in the BPO, but according to the promoter, it is only market speculation.
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JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 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...
- 20 May 2013varadhaonExits are not happening because a lot of businesses that PE funds invested into were not worthy of investments in the...
- 17 May 2013Santosh VermaonMohanjit, You have the ability to say something that can be said in 100 words in 5,000 words. Congrats on a well...
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