Private Equity Giant

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.

Sebi clears Nuziveedu Seeds' IPO; total number reaches 24

The Securities and Exchange Board of India (Sebi) issued its final observations on the draft offer document of the company on August 5, which is necessary for any company to launch a public offer.

Tiger Global exits Just Dial, sells stakes for Rs 430cr

According to a BSE filing, Tiger Global Four JD Holdings and Tiger Global Five Indian Holdings sold 37.89 lakh shares, representing 5.37 percent of Just Dial.

Tiger Global sheds 3.41% stake in Just Dial for Rs 300cr

According to bulk deal data available with the stock exchanges, Tiger Global sold a total of 24 lakh shares, amounting to 3.41 percent stake of Just Dial. The shares were offloaded on an average price of Rs 1,252.30 apiece valuing the transaction at Rs 300.55 crore, the data showed.

Find out: 4 sectors Apax Partners is bullish on

In this interview, Shashank Singh of Apax Partners spoke about India's macroeconomic landscape, Apax‘s investment approach and sectors that PE fund is bullish on.

Blackstone to buy Agile Electric Works for $100 mn: Sources

Blackstone, known for large buyout deals globally, has made 16 private equity investments totalling USD 1.7 billion in India but only two of those were for a controlling stake, in a country where outright private equity buyouts are rare.