With multiple facilities in Bengaluru, Pune and Chennai, Nash Industries serves diverse sectors including automotive, aerospace, defense, healthcare, banking hardware and electrical systems.
 
                                                                                            ChrysCapital will lead the round with an investment of Rs 1,100 crore, while InCred PE will contribute Rs 100 crore.
 
                                                                                            The transaction signals the first buyout in the consumer sector for the private equity firm.
 
                                                                                            Moneycontrol was the first to report in April that the firm was in talks with multiple investors for a Rs 500 crore fundraise
 
                                                                                            The round will be a mix of primary and secondary capital. While the primary component will go towards paying tax to flip back from the US to India, the secondary component will be used to buy shares from some of its early investors
 
                                                                                            Enterprise tech, pharma/healthcare, consumer and financial services remain the firm’s focus investment areas. Kukreja expect’s $40 bn to $50 bn of just private equity deals in the course of the next 12 months
 
                                                                                            The 26-year-old firm’s latest fund is about two-thirds bigger than its last capital raise of $1.25 billion in 2022, and beat the record $1.7 billion raised by India’s Kedaara Capital last year
 
                                                                                            The suspected fraud cases were detected in the September quarter and are being investigated, the company has said
 
                                                                                            ChrysCapital, acquired a 27.5 percent stake in the company in 2021 for an investment of Rs 670 crore.
 
                                                                                            The deal offers great market opportunity to offshore vendors such as GeBBS with a broad portfolio of solutions to witness significant tailwinds, driven by cost pressures and lack of talent onshore
 
                                                                                            The deal could value the nine-year-old firm at Rs 1,300 crore. ChrysCapital has also along with some other PE firms and Switz Group submitted non-binding bids for a majority stake in Theobroma
 
                                                                                            The transaction is likely to value GeBBS Healthcare at around $800 mn. Earlier reports have named private equity firms Caryle and CVC Capital as other interested parties in the deal
 
                                                                                            On March 8, Moneycontrol reported that key investor ICICI Venture and the promoters of Theobroma had appointed Arpwood Capital to explore the sale of a controlling stake at a targeted valuation around Rs 3,500 crore
 
                                                                                            Post the IPO, Awfis’ largest shareholders Peak XV’s stake will decline to 10-11 percent and ChryCapital’s holdings through its unit Bisque will go down to about 13-14 percent stake, Ramani said.
 
                                                                                            CFS offers a full suite of eye care services, including cataract surgery, LASIK and Smile treatments, treatments for retinal issues and glaucoma, oculoplasty, as well as paediatric eye care
 
                                                                                            The new continuation fund, the largest ever in India, acquires stake in NSE
 
                                                                                            The transaction is likely to be upwards of Rs 6,000 crore which is almost a three-fold jump in valuation from the acquisition price that Apax Partners paid while acquiring the company in 2018 from TPG Capital.
 
                                                                                            ChrysCapital bought a 5% stake in NSE, one of the largest stock exchanges in the world, in 2016.
 
                                                                                            Chennai based Awfis competes with the likes of WeWork, Smartworks and Tablespace. The segment has seen a sharp recovery post Covid-19 with a bulk of the demand coming from the IT sector.
 
                                                                                            ChrysCapital has struck more than 100 deals in India, raised $5 billion over nine funds and returned $6.5 billion to investors. The leading private equity firm backs companies ranging from Lenskart and Bandhan MF to Mankind Pharma and GMM Pfaudler
 
                                                                                            2023 has been an active year for block deals and according to data from Prime Database, PE and venture capital firms exited investments worth Rs 57,338 crores through block deals between January and August as compared to Rs 41,051 crores during same period last year
 
                                                                                            On this edition of Deal Central, we put the lens on India's oldest and largest private equity firm ChrysCapital with a rare and exclusive interview with Kunal Shroff, the Managing Partner of the home-grown entity. With over 100 deals struck over 2 decades, $5bn raised over 9 funds and $6.5 bn generated in returns , ChrysCapital backs firms across sectors ranging from Lenskart and Mankind Pharma to GMM Pfaudler and Bandhan Mutual Fund. Shroff believes India has become more attractive for overseas investors with many entrepreneurs gearing up to sell larger stakes and ceding control. Speaking on the ongoing block deal mania in the domestic markets, Shroff says the viability of block trades has increased, even as he adds that some banks are attractively valued in the listed financial services space. Shroff also weighed in on the funding winter in the Indian startup ecosystem and expects more portfolio companies to make market debuts in the next two years.
 
                                                                                            The board of Glenmark Pharmaceuticals is said to take a decision regarding the sale soon and the amount received will be used to repay the debt of Rs 2,904 crore
 
                                                                                            On May 22, Moneycontrol was the first to report that a Baring PE EQT-led consortium was the frontrunner to pick up a majority stake of around 90 percent in HDFC Credila.
 
                                                                                            In total, across the two rounds, where Lenskart raised $500 million in March and $100 million now, about $450-500 million was in the form of secondary sales in what was understood to be a mega payday for some early backers of the company.