Page 19 - Latest Updates on Private Equity
Tatas, private equity investors in talks with BigBasket for stake buy
Firm continues to see huge traction as it enters year-end sale period
 "Tatas, private equity investors in talks with BigBasket for stake buy")
In India's highways sector, institutional money overtakes promoters
India's pecking order in terms of tolling is already headed towards being fund-focussed
 "In India's highways sector, institutional money overtakes promoters")
US continues to be biggest source of VC investment in India as China shrugs
Experts say, the dominance of the US investors will probably grow in the coming decade, including in filling the gap created by the withdrawal of Chinese investors
 "US continues to be biggest source of VC investment in India as China shrugs")
Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report
The private equity (PE) inflow stood at $5,795 million in the corresponding period of the previous year
 "Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report")
VC investments from China down by 66% in 2020, startups to feel the heat
China, which was ranked third on the PE/VC investments by country of investors, in 2019 fell to the sixth position in 2020
 "VC investments from China down by 66% in 2020, startups to feel the heat")
We have begun to reallocate to emerging markets: Alex Tedder on tech stocks
Alex Tedder is CIO, Head of Global & Thematic Equities at Schroders Investment Management
 "We have begun to reallocate to emerging markets: Alex Tedder on tech stocks")
Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more
With KKR already said to be in talks for a $1 bn investment, other investors like Abu Dhabi Investment Authority and Mubadala could be next in line
 "Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more")
Covid-19 impact: IPO slump stonewalls private equity exits in H1 2020
Public market sales accounted for 80 per cent of the exit value in H1 2020, mainly due to SBI Cards' $1.4 billion IPO
 "Covid-19 impact: IPO slump stonewalls private equity exits in H1 2020")
PE/VC investments decline 10% y-o-y in first half of 2020: Report
Deals worth $9.6 billion in Jio Platforms accounted for 52 per cent of all PE/VC investments in this period
 "PE/VC investments decline 10% y-o-y in first half of 2020: Report")
Inflows into Jio limit fall in H1 PE/VC investments to 10% at $18.3 bn
In terms of deal type, buyouts were the most affected with only 14 transactions worth $794 million compared to 27 worth $6.2 billion in the year-ago period
PE-VC investors see decline in fundraising activity, says Crisil Survey
The survey was conducted between May and June this year and the credit rating firm received responses from 26 independent funds and respondents
 "PE-VC investors see decline in fundraising activity, says Crisil Survey")
PE investments drop 65% to $1.45 billion in June quarter: Refinitiv data
Q2 also saw a decline of 9 per cent in the number of deals to 161
 "PE investments drop 65% to $1.45 billion in June quarter: Refinitiv data")
PE-VC fundraising plunges 94% in Q1: outlook for second half remains bleak
Fund raising in the June quarter dipped to $171 million, a 94 per cent decline over $2.75 billion raised last year
 "PE-VC fundraising plunges 94% in Q1: outlook for second half remains bleak")
Deal making is sometime away: Equirus Capital Founder & MD Ajay Garg
'PEs' interest in NBFCs will depend on book value determination. Until that process gets over, you will be circling around,' he said
 "Deal making is sometime away: Equirus Capital Founder & MD Ajay Garg")
RBI refuses a dozen licences to NBFCs with investments from Mauritius
PE, VC funds domiciled in the island nation on the radar
 "RBI refuses a dozen licences to NBFCs with investments from Mauritius")
At $45 bn, India's PE/VC investment in 2019 highest in over 10 yrs: Report
India's share in the Asia-Pacific deal market increased to nearly 25 per cent in 2019 and the investment value was about 70 per cent higher than in 2018
 "At $45 bn, India's PE/VC investment in 2019 highest in over 10 yrs: Report")
Pension funds, PE may invest in renewable projects, roads after lockdown
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
 "Pension funds, PE may invest in renewable projects, roads after lockdown")
India may see renewable, roads mega sale once the lockdown is lifted
Renewable projects have been unable to find buyers and large scale investors lately
 "India may see renewable, roads mega sale once the lockdown is lifted")
Private equity players see new business opportunities in post-Covid world
Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry.
 "Private equity players see new business opportunities in post-Covid world")
Promoter, PE stake may go up in private banks; IndusInd, HDFC Bank to gain
Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.
 "Promoter, PE stake may go up in private banks; IndusInd, HDFC Bank to gain")