Chart of the Day: Pharma, healthcare see record M&As in September quarter
Consolidation, geographical expansion and investments in specialised healthcare drove deal activity
Private equity firms may list in India as IPO market expands: KKR Global Co-CEO Scott Nuttall
"It really does feel like our type of capital is welcome here and private capital naturally wants to go where it’s welcomed," the top private equity executive said alluding to the investment friendly regime under the Indian government.
Carlyle Group-backed Katsura Investments transfers 1.21% stake to promoter, valuing IPO-bound Varmora Granito at Rs 4,500 crore
Varmora Granito IPO | The company will issue fresh shares worth Rs 400 crore, while Katsura Investments and promoters will be offloading 5.24 crore shares via offer-for-sale route.
Private investors and IPO bankers are coordinating early on startup valuations: Sandeep Sinha, Co-founder, Oister Global
Tighter IPO scrutiny and a maturing startup ecosystem are driving private funds to coordinate early with bankers on pricing and liquidity, according to Sandeep Sinha, Co-founder at Oister Global, an alternative-asset manager.
TAM doesn’t matter. I don’t track it, that is an analyst’s job, says Lenskart’s Peyush Bansal
Even if it is Rs 5,000 crore, we can give vision to 50 percent of India and that is a sizable impact to create and so our job is not changing because of that, Peyush Bansal, CEO and co-founder, Lenskart, told Moneycontrol in an interview.
SMBC Group CEO assures Yes Bank employees of job security amid layoff concerns: Report
During the townhall meeting, Nakashima said that SMBC would take Yes Bank to the next level of growth by bringing its own global learning and expertise, ET reported.
Accel and Prosus to co-invest in former’s early-stage founder programme Atoms X
Prosus will match Accel’s investment in each company. Earlier each company would get around $250,000 to $1 million in funding but now they’ll be able to raise around $500,000 to $2 million at the early stage.
India Quotient raises $129 million in Fund 5 to bet on early-stage startups
India Quotient has also promoted two of its executives, Kanika Agarrwal and Sahil Makkar, to the position of partner
Temasek enters exclusive talks for minority stake in Romsons Group at around $1bn valuation
The proposed transaction would provide growth capital to Romsons Group for approaching new markets and aid in potential inorganic activity
Prosus picks up 10% stake at Rs 1,295 crore in Ixigo’s parent, funds to fuel AI, hotel expansion
The company will use the sume, Rs 1,295 crore, to fund AI investments and its hotel vertical among others
Ashish Kacholia, Bengal Finance acquire 1.9% stake in TechEra Engineering
Ace investor Ashish Kacholia acquired 2 lakh shares and his investment firm picked 1,12,800 shares in TechEra at Rs 247.1 per share.
CCI clears Lloyds Metals' proposal to acquire 49.9 pc stake in Thriveni Pellets
LMEL is engaged in the business of iron ore mining, direct reduced iron production, generation of captive power, and pellet trading. It supplies iron ore fines and pellets mined/produced around the world.
Waaree Energies acquires 64% stake in Kotsons for Rs 192 crore
Following the transaction, Kotsons Private Limited has become a subsidiary of Waaree Energies, the company said in its statement to the exchanges.
Lucio raises $5 million to build AI-native workspace for lawyers
Adopted by more than 200 organisations globally, including enterprise law firms, in-house legal teams, and boutique firms, Lucio currently supports over 3,000 lawyers in nine jurisdictions.
Investcorp's new Rs 5,000 crore PE fund to target mid-market buyouts, says India head Gaurav Sharma
The fund, backed by both domestic and global investors, will target building a portfolio of 10–11 companies across healthcare, business services, consumer, and financial sectors, Investcorp India investment business head Gaurav Sharma tells Moneycontrol
VCs tap startup operators to sharpen investment game
As India’s venture ecosystem matures, industry stakeholders say funds are racing to bring in domain specialists who can offer sharper execution, deeper founder networks and on-ground operating muscle.
Private equity fund True North exploring sale of controlling stake in pharma firm Integrace
Early discussions have kickstarted with a few select suitors keen on a domestic formulations platform. Temasek is the other key shareholder in Integrace.
Oolka bags $7 million in funding from Lightspeed, Z47, 8i Ventures to scale AI credit platform
The Bengaluru-based fintech startup has processed over Rs 100 crore in repayments and is nearing 2 million users; funds will be used to expand its team and launch AI-native credit tools.
Waaree makes an opportune investment in Kotsons
Kotsons will help Waaree provide integrated solutions and diversify its revenue mix
India’s deep tech push gets $1 bn boost from Indian and US VCs, first bets already in play
The alliance seeks to bridge long-standing capital gaps in deep tech by channelling funds into high-cost, high-impact areas such as semiconductors, AI, robotics, space, defense, and medical devices.
A91 Partners to invest Rs 175 crore in Coimbatore-based Shree Anandhaas Sweets as PE interest in space picks up
A91 Partners’ investment into Shree Anandhaas comes after Motilal Oswal (MO Alts) invested in Lal Sweets as investors bet on a large unorganised industry, and family-owned businesses, in India becoming more organised as an increasing number of consumers alter their purchasing patterns.
Delhivery completes Rs 1,407 crore Ecom Express acquisition, kicks off six-month integration plan
The acquisition closed on July 18 and Delhivery said the revenue retention from Ecom Express is tracking ahead of expectations.
Flipkart’s VP Smrithi Ravichandran set to join PE firm Multiples
Ravichandran will take up an investing role at the PE firm and oversee funding activity, source deals and double down on existing portfolio companies across sectors in her new role, sources told Moneycontrol.
From legacy to liquidity: Why private equity firms are courting India’s family businesses
From bakery to baggage, private equity funds and family-owned businesses are shaking hands as Millennials/Gen Zs are choosing to forge their own path, and families are wanting a catalyst for their next phase of growth. An ageing crop of Promoters is also driving PE interest in traditional firms.
