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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.
If Samara Capital's negotiations with Aditya Birla Capital go through, the deal could be one of the largest transactions to have occured in the insurance broking space.
Dr Singhal says healthcare has witnessed vast changes with technology usage making it increasingly accessible and usable.
The norms also prohibit e-commerce platforms or their group companies from having equity ownership in firms that sell goods on their marketplace.
They claim that through such deals, international players like Amazon will slowly make inroads in offline retail at the expense of small and medium-sized retailers
Samara reportedly acquired a majority 51 percent stake in Aditya Birla Retail, while Amazon's investment arm picked up the remaining 49 percent
As per the current FDI policy, companies having foreign investment are not allowed any business to consumer (B2C) activities in e-tailing.
The latest name hitting the bourses will be woollen hosiery garments maker - Monte Carlo Fashions. Though the Ludhiana based company is already sitting on cash, it says a public listing will broaden its stake holder base and identity
The Offer for Sale, which is expected to hit the market in September this year, will constitute 25 percent of the post paid-up equity share capital of the company.
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.
