Page 12 - Latest Updates on Private Equity
JSW in talks with PEs, foreign banks for Mytrah Energy acquisition
JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of $10 billion by 2030
 "JSW in talks with PEs, foreign banks for Mytrah Energy acquisition")
e-con Systems opens new site in Bengaluru, eyes $10 million funding
e-con Systems plans to ramp up employee base by 50%, with focus on salesforce and R&D personnel
 "e-con Systems opens new site in Bengaluru, eyes $10 million funding")
Global investors led by Arpwood buy majority stake in Sterling Hospitals
According to Arpwood Partners, the consortium will now invest in high-calibre clinical talent, infrastructure upgrade and patient service experience, and deliver quality medical care to patients
 "Global investors led by Arpwood buy majority stake in Sterling Hospitals")
IAMAI announces committee to study issues faced by VC firms in India
Softbank, Sequoia, IAN, 3one4 Capital, Eximius, Multiples Alternate Asset Management among others join panel
 "IAMAI announces committee to study issues faced by VC firms in India")
PE/VC investments in May rise 42% to $5.3 bn; dip 29% month-on-month
Real estate and infrastructure sector investments took the top spot in May 2022, recording $1.7 billion in investments
 "PE/VC investments in May rise 42% to $5.3 bn; dip 29% month-on-month")
Bain Capital special situations fund earmarks $300 million for India
The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.
 "Bain Capital special situations fund earmarks $300 million for India")
Union Bank to raise up to Rs 8,100 cr in capital for business expansion
The lender's board approved raising equity capital up to Rs 3,800 crore, within overall limit of Rs 8,100 crore, said the company in filing with BSE
 "Union Bank to raise up to Rs 8,100 cr in capital for business expansion")
General Atlantic plans $2 bn investment in India and Southeast Asia
Region's startups more attractive, says senior executive of company at World Economic Forum summit in Davos.
 "General Atlantic plans $2 bn investment in India and Southeast Asia")
PE/VC investment for April 2022 declines 27% YoY to $5.5 bn: IVCA-EY report
Fundraises, however, continued to show a healthy trend, with April 2022 recording a total fundraise of $1.5 billion across 16 funds compared to $569 million raised in April 2021 by 8 funds.
 "PE/VC investment for April 2022 declines 27% YoY to $5.5 bn: IVCA-EY report")
RIL's massive cash chest to help take on PE suitors for Boots retail chain
Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts
 "RIL's massive cash chest to help take on PE suitors for Boots retail chain")
PE inflow in realty sector declines 47% to $1 billion in Jan-Mar 2022
The PE (Private Equity) inflows stood at $1.9 billion in the same quarter last year
 "PE inflow in realty sector declines 47% to $1 billion in Jan-Mar 2022")
PE inflows to real estate sector shrank 32% in FY22, says Anarock
Sans portfolio deals, average ticket size reduced to $93 million
 "PE inflows to real estate sector shrank 32% in FY22, says Anarock")
PE inflows in realty sector dips 32% to $4.3 bn in FY'22: Report
Private equity (PE) investments in real estate sector fell 32 per cent to $4.3 billion in the last fiscal year mainly due to the Covid-19 pandemic
 "PE inflows in realty sector dips 32% to $4.3 bn in FY'22: Report")
Top headlines: India's FY21 CEO earnings, Russia's suspension from UNHRC
The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up business. More on that story in our top headlines.
 "Top headlines: India's FY21 CEO earnings, Russia's suspension from UNHRC")
After a sprint, a pause for breath
2021 not only saw record funding creating a third of the country's unicorns, but also the first major listings, providing new valuation anchors
 "After a sprint, a pause for breath")
Bain Capital buys 24.98% stake in IIFL Wealth for nearly Rs 3,700 cr
General Atlantic and billionaire Prem Watsa's company will divest their holdings.
 "Bain Capital buys 24.98% stake in IIFL Wealth for nearly Rs 3,700 cr")
After 2021 boom, how 2022 could be a year of reckoning for Indian startups
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
 "After 2021 boom, how 2022 could be a year of reckoning for Indian startups")
PE space needs PLI-like framework, says Bain Capital's Amit Chandra
In a chat with Business Standard's Surajeet Das Gupta, Chairman of Bain Capital in India, Amit Chandra says the govt can help build an 'atmanirbhar' and vibrant domestic private equity industry
 "PE space needs PLI-like framework, says Bain Capital's Amit Chandra")
Startups get up to 10 yrs for converting debt investment into equity
Govt extends timeline for startups to convert debt investments into equity up to 10 yrs, a decision likely to relieve budding entrepreneurs to deal with impact of Covid, a DPIIT press note said
 "Startups get up to 10 yrs for converting debt investment into equity")
'PE/VC funds replacing global strategic investors', says Amit Chandra
PE/VC investments are dwarfing foreign institutional investor (FII) flows: Chandra
 "'PE/VC funds replacing global strategic investors', says Amit Chandra")