Sebi also plans to replace the "promoter" concept to "person in control"
19 deals took place in this period
266 deals took place in the period
Company panel to negotiate and conclude talks with the PE investors; Ernst & Young will be advising on the proposed fund raising exercise
The company was founded in 2017-18 by a clutch of private equity firms
Sells stake in drug firm ZCL to PE firm Advent for Rs 1,600 cr
The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company.
PEs need to engineer change and bring efficiency to the fore to deliver the returns demanded by their investors; or, alternatively, find outstandingly well-run banks to partner with, Bhasin said
Investment banking firm FundVice on Friday said it will support startups in India with a corpus of Rs 330 crore, which includes funding from its new fund Ryoma Ventures. The company has plans to raise up to Rs 250 crore and accelerate at least 50 deals by 2021-end. In addition, Fundvice has announced to set-up a sector-agnostic fund with about Rs 80 crore. "We have seen exciting start-ups that are revenue-generating but what they lack is the right support of investors. Various incubators, accelerators and mentors have been supporting the team of FundVice to support start-ups reach the heights they are at, but still lack investors. "To support them, we took the decision to start this fund, with the support of everyone, as the next step towards making a dent in the start-up ecosystem," Heena Aroora, Managing Director - FundVice and Ryoma Ventures, said in a statement. The company said it plans to close this fund soon with its present investors and is also looking at collaborations w
With the startup ecosystem blooming in India, the number of such funds rose from 29 in 2014 to 88 funds last year
TIW Private Equity (TIW PE) on Tuesday said it has invested close to $6 million (about Rs 43.7 crore) in Scentials Beauty Care and Wellness
Advent is a private equity fund
Transaction values firm, which plans to list and is a subsidiary of Biocon, at $4.17 bn
A slew of private equity transactions in 2020 has pushed up the money inflows through this route by 108 per cent to $33.8 billion, according to an industry report
According to a senior executive of a top global private equity fund, the shares should be available at 20 to 40 per cent discount.
According to sources, TPG, which has investments in several firms domestically as well as globally, doesn't want to be at odds with voting advisory firms and shareholders over any governance issues
The RBI had recently rejected a resolution plan - approved by the National Company Law Tribunal in June - that proposed selling Aircel's assets to UV Asset Reconstruction Company (UVARC)
Upcoming funding round may dilute Tencent's stake
Private equity firm Advent International said it has signed a definitive agreement to acquire a controlling stake in Hyderabad-based RA Chem Pharma Ltd from pharma firm Micro Labs
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