co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
In April 2019, Everstone had announced the buyout of a majority stake in Sahyadri Hospitals via a combination of primary and secondary capital with an intention to position it as the anchor asset of the former’s healthcare delivery platform.
With this partnership in place, Subway plans to open more than 2,000 new restaurants in India, Sri Lanka and Bangladesh in the next ten years.
"Investing cannot be taught" and one must "not borrow to invest" were among the eight major lessons Prashant Desai recalled learning from Rakesh Jhunjhunwala, who is considered as 'India's Warren Buffett'.
In recent times, the domestic legal circles have witnessed a churn when it comes to executives working in law firms and corporates. Sapan Gupta was elevated to the post of Global General Counsel at Lakshmi Mittal & L& L Partner Damini Bhalla is headed to IPO bound food delivery unicorn Zomato as General Counsel.
In a rare and exclusive interview, Sameer Sain, a former Goldman Sachs executive, weighs in on Burger King’s journey to D-street and the sceptics along the way, the firm’s growth strategy and rivalry with Dominoes, his bullishness on the clean energy segment and the REIT (real estate investment trust) opportunity. That’s not all. He also gives a reality check on the SPAC (special purpose acquisition company) craze on Wall Street.
The Singapore-headquartered Everstone Capital was co-founded by Sameer Sain and Atul Kapur in 2006.
"The roadshows are likely to start by mid-March and may be by end-March or April it should be listed," said a source.
The deal will be carried out via Everlife, the Singapore-headquartered fund said in a statement today without offering the deal value.
This round of fund raising also includes investments by a large part of Servion's management team and the founders on the back of new customer wins and strong revenue and EBITDA growth, a company release said.
Sridhar, who has worked with the Sriram Group since 1985, will be taking over from Vimal Bhandari who led the firm since 2011. Bhandari will remain on the board of IndoStar and stay as a shareholder, a company release said.
This is Everstone's third investment in the healthcare and wellness sector in less than a year, OmniActive Health Technologies said in a statement.
The acquisition, the first by India and South Asia- focussed Everstone in the US, is being done through Everise Services, a Singapore-based company held by Everstone, along with Sunrise BPO as a co-investor, Everstone said in a statement.
The USD 3.3-billion group, which focusses on India and South-East Asia, exceeded estimates with closing of its Everstone Capital Partners III fund at USD 730 million.
The business includes products such as cakes, muffins, buns, pavs and cream rolls. It has six manufacturing units and a network of franchisees across India.
Private Equity firm Everstone Group agreed to invest Rs 3 billion for a stake in the commercial vehicle financing firm Hinduja LeyLand Finance.
