19 Jun, 2013
The Leela Palace, Bengaluru
Home >> Venture Capital >>
Wednesday, January 6, 2010 - 05:30 IST
Investors Not Eyeing Exit In Persistent Systems IPO
BY Manish Tulsian
VC firms Norwest, Gabriel, Intel Capital and Hewlett Packard Company together hold 25% stake in the IT services firm.
Pune-based software development firm Persistent Systems Ltd, which is coming out with an initial public offering, is not likely to see any exits by its investors--Norwest Venture Partners, Gabriel Venture Partners, Intel Capital, and Hewlett Packard Company—who together...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.
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...
UPCOMING EVENTSchinetwork