In private markets, valuations tend to be less volatile. The five-year rolling data for private equity in India shows rising deal activity and capital deployment, the Samara Capital managing director tells Moneycontrol
As part of the agreement, ABCL said it has received an upfront payment of Rs 252.16 crore from Edme Services. It further stated that with the completion of this transaction, ABIBL will no longer be a subsidiary of Aditya Birla Capital as of August 30, 2024, as Edme Services now holds 100% ownership of ABIBL.
US-based private equity fund Samara Capital has acquired a minority stake of 18% in Ludhiana-based Monte Carlo Fashions, part of the Nahar Group, for Rs 175 crore.