Page 12 - Latest Updates on Private Equity
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")
PE/VC investments in Feb 2022 up 2.3 times year-on-year: IVCA-EY report
Month-on-month, the spike was 24%; Exits recorded in Feb 2022 were $1.4 billion across 10 deals, including three secondary ones worth $1.2 billion
 "PE/VC investments in Feb 2022 up 2.3 times year-on-year: IVCA-EY report")
Gamechanger? Private equity is set to play a bigger role in Indian banks
Whichever way you look at it, a PE wave is set to enter banking
 "Gamechanger? Private equity is set to play a bigger role in Indian banks")
PE firm Advent eyeing $1 billion investment in Yes Bank: Report
Advent is conducting due diligence and may form a consortium, the report said, citing sources
 "PE firm Advent eyeing $1 billion investment in Yes Bank: Report")
Indian equity market remains among the most expensive globally, shows data
Sensex P/E of 26.3x is nearly twice MSCI EM's P/E and 40% higher than Dow Jones
 "Indian equity market remains among the most expensive globally, shows data")
PE, VC investments jump to all-time high of $77 bn in 2021: Report
Private equity and venture capital funds invested $77 billion in Indian companies in 2021, a jump of 62 per cent over the previous year, a report said on Tuesday.
 "PE, VC investments jump to all-time high of $77 bn in 2021: Report")
Foundation PE buys Limited Partner stake in Prime Venture Partners' Fund 1
With this, Prime VP has delivered a healthy, top-decile return to its Limited Partners in 9th year of operation and has further extended the fund by four years
 "Foundation PE buys Limited Partner stake in Prime Venture Partners' Fund 1")
Top headlines: Health infra on test, INS Vikrant closer to commissioning
Reliance joins top league of PE players with bold bets. More in today's top headlines
 "Top headlines: Health infra on test, INS Vikrant closer to commissioning")
PE inflows spurt 15% in 2021 to record $40 billion, says report
According to the data collated by Refinitiv, an LSEG business, while the value of inflows rose 15.2 per cent from USD 34.8 billion in 2020 to USD 40.1 billion in 2021
 "PE inflows spurt 15% in 2021 to record $40 billion, says report")
US-based fund TFCC tops India's PE fund investor list of 2021
The top ten fund managers who run the PE funds have collectively invested over $12.18 billion
 "US-based fund TFCC tops India's PE fund investor list of 2021")
PE-VC investments in Indian firms up 57% YoY, hit record $63 bn in 2021
The year had eight investments worth $1 bn or more, led by Flipkart's $3.6 bn pre-IPO round; E-commerce was the favorite sector, attracting $10.3 bn, followed by fintech ($7.7 bn)
 "PE-VC investments in Indian firms up 57% YoY, hit record $63 bn in 2021")
Instoried's Sharmin Ali expects 2022 to be the year of 'empathetic content'
Instoried founder & chief executive Sharmin Ali shares the story of Instoried, the need for AI-driven content marketing and the use of NLP
 "Instoried's Sharmin Ali expects 2022 to be the year of 'empathetic content'")
Motilal Oswal's PE arm plans Rs 1,000-cr investment in realty by March
This amount has been committed across residential and commercial projects in Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad
 "Motilal Oswal's PE arm plans Rs 1,000-cr investment in realty by March")
Advent takes majority stake in digital engineering services company Encora
Warburg Pincus, the present majority shareholder of Encora, would retain a minority stake
 "Advent takes majority stake in digital engineering services company Encora")
SBI's PE arm hikes climate fund's target 5 times to Rs 2,000 crore
SBICap Ventures has already got commitment from European Investment Bank (EIB) for about Rs 215 crore.
 "SBI's PE arm hikes climate fund's target 5 times to Rs 2,000 crore")
PE/VC investments see monthly decline of 52% in November to $6.8 billion
With a month to go, PE/VC investments in 2021 at $72.6 billion have surpassed the all-time high seen in 2020 by 53 per cent, driven by mega investments in start-ups and large buyouts.
 "PE/VC investments see monthly decline of 52% in November to $6.8 billion")
ICICI Venture's Puneet Nanda on his investment strategy
ICICI Venture aims to be a private equity major in the startup, fintech and real estate space. Business Standard's Surajeet Das Gupta takes a peek into chief executive Puneet Nanda's strategy
 "ICICI Venture's Puneet Nanda on his investment strategy")
Sequoia Capital sees Indian financial firms' value soar to $2.5 trillion
Valuations for India's fintech companies should jump 10 times to $500 billion by 2030
 "Sequoia Capital sees Indian financial firms' value soar to $2.5 trillion")
Private credit fashions a cautious entry, attracts attention of PE players
Despite differences over the projected size of this market, a growing number of PE funds are testing the waters
 "Private credit fashions a cautious entry, attracts attention of PE players")
