Page 17 - Latest Updates on Private Equity
Rise of risk capital
Private funding is bridging a crucial gap
 "Rise of risk capital")
6 start-ups join unicorn club this week; 150 likely by 2025, say experts
The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the country
 "6 start-ups join unicorn club this week; 150 likely by 2025, say experts")
Morgan Stanley India Infra invests $21 mn in connectivity solutions co iBus
iBus serves 4 mn customers in 10 cities. It currently deploys its infra at 233 commercial, residential and retail sites across the country
 "Morgan Stanley India Infra invests $21 mn in connectivity solutions co iBus")
PE-VC exits from Indian companies at two-year high after Covid-19 setback
The first quarter of 2021 saw the highest number of exits, both in terms of value and volume, in the past five quarters
 "PE-VC exits from Indian companies at two-year high after Covid-19 setback")
PE funding dips 7.7% to $3.44 bn across 260 deals in March quarter
Fund infusion by private equity funds declined almost 8 per cent in the March quarter this year to USD 3.44 billion across 260 deals, according to industry data.
 "PE funding dips 7.7% to $3.44 bn across 260 deals in March quarter")
India's changing corporate landscape
We are in the early stages of an extraordinary episode of rapid scaling up of new companies
 "India's changing corporate landscape")
CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others
Profile building startup CareerLabs on Monday said it has secured USD 2.2 million in a new financing round led by Rocket Internet's VC fund Global Founders Capital to scale its platform.
 "CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others")
Private equity firms value SP Group stake in Tata Sons at hefty discount
PE players willing to offer credit are asking for two things - a personal guarantee from the SP family, and a pledge of shares in its own group companies.
 "Private equity firms value SP Group stake in Tata Sons at hefty discount")
PE/VC firms' investments increase by 85% to $11.9 bn during Q1FY21
The value of investments in Q1FY21 was also over 58% higher compared to the immediate previous quarter (which saw $7.5 billion being invested across 231 deals)
 "PE/VC firms' investments increase by 85% to $11.9 bn during Q1FY21")
Manipal Hospitals to sell minority stake to NIIF for Rs 2,100 crore
The amount raised would be partly used to fund the company's acquisition of Columbia Asia Hospitals' India business
 "Manipal Hospitals to sell minority stake to NIIF for Rs 2,100 crore")
IPV and the science, art and psychology of early stage investments
The angel network plans to increase its investor base beyond 5,000; double the number of investee firms and corpus for 2021
 "IPV and the science, art and psychology of early stage investments")
PE, VC partners in journey of new India towards new horizon: Piyush Goyal
Union Minister Piyush Goyal said new India is moving with a new energy towards a bright future, and Private Equity and Venture Capitalists are our partners in this new Journey towards a new Horizon
 "PE, VC partners in journey of new India towards new horizon: Piyush Goyal")
Size of average buyout deals grows smaller in 2021: Refinitiv data
Deals have been coming in at the rate of one every three days
Edelweiss launches Rs 5000 crore fund to tap pre-IPO, late-stage deals
The fund will focus on late-stage PE and Pre-IPO investments
 "Edelweiss launches Rs 5000 crore fund to tap pre-IPO, late-stage deals")
Menda Family Office plans to foray into private equity, industrial parks
The Menda family sold a commercial property portfolio of 12 million square feet (msf) to Canada-based Brookfield Asset Management last year for Rs 14,000 crore
 "Menda Family Office plans to foray into private equity, industrial parks")
Aggregate annual PE deal value has doubled, count up over 60% in last 5 yrs
With the exception of sectors like telecom and utilities, PE investments have outperformed capital markets with an average IRR of 29 per cent
 "Aggregate annual PE deal value has doubled, count up over 60% in last 5 yrs")
Tips on raising funds from govt agencies and PE firms for your startup
Apart from central and state govt schemes that fund new ideas, you have PE/VC firms, angel investors and incubators to help your business see the light of day; just get your business model right
 "Tips on raising funds from govt agencies and PE firms for your startup")
Profit at Japan's SoftBank as lucrative investments swell in value
The firm on Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter
 "Profit at Japan's SoftBank as lucrative investments swell in value")
Blackstone in the final leg of talks to buy out Embassy Industrial Parks
Embassy has a long-standing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT)
 "Blackstone in the final leg of talks to buy out Embassy Industrial Parks")
Indiabulls Housing Finance in talks with PEs to sell 15-20% stake
Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter
 "Indiabulls Housing Finance in talks with PEs to sell 15-20% stake")