The energy industry led by Brookfield's $1.9 Billion investment in Reliance Pipeline Infra also saw a growth in investments.
PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average
Private equity investments witnessed a robust yearly growth in October with 72 PE deals garnering around USD 3.7 billion, even as merger and acquisition activity saw a downtrend, a report said on Thursday. According to Grant Thornton's monthly PE Dealtracker, private equity/venture capital transactions reported 22 per cent and 25 per cent increase in deal volumes and values, respectively as compared to October 2018. The rise in PE deal values was largely driven by the corporate tax rate cut, which has improved both investor sentiment and confidence. Last month, the average deal size stood at USD 52 million, up from USD 28 million recorded in September 2019. "There were 72 deals aggregating to USD 3.7 billion reported in October 2019. Upbeat PE/VC activity during the month offsets the shortfall in merger and acquisition (M&A) activity," Pankaj Chopda, Director, Grant Thornton India LLP said. "The key investments were primarily to pare debt, expand markets and capitalise on ...
Didn't expect promoters to 'hollow out' firms, says India head Sanjay Nayar
The PE fund's exposure is primarily focused on infra projects (where it invested $10 billion) and real estate (around $4 billion)
Sanaka will initially invest Rs 308 crore, and a further Rs 217 crore on a later date if talks are successful
The bank is in dire need of capital to not only provide for bad assets but also for growth
The deal flow in 2019 has been good with each successive quarter being better than the preceding one
Jungle is scouting for companies in India which have an opportunity to scale their business into Southeast Asia and globally
Commercial real estate received close to $3 billion funds in the first three quarters of 2019 as against $2.1 billion in the corresponding period of the previous year
The investment interest comes as Indian drugmakers are focusing on specialty products, while relying extensively on Chinese imports for basic ingredients and other raw materials used in medicines
Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales
US-based private equity firm Advent International will put in Rs 1,000 crore via its affiliate Jomei Investment Limited
Interestingly, PE-backed companies which went public over the last 12 months have done better than those which got listed earlier
PE funds are cashing in on the new emerging areas of business. However PE funds admit that handling conglomerates needs special expertise and acumen as they are complex deals
Bhagat, who worked at Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, will jointly lead the firm's Asia platform along with co-managing partner Ravi Thakran
Four to five IPO launches are planned in the ongoing quarter. Performances of these IPOs after listing shall be a good indicator of the IPO appetite in the market
They say the notion that PE investors leverage bait-and-switch to lure promoters and entrepreneurs into lose-lose situations through debt products is misleading
Started with a dedicated fund allocation of Rs 300 crore, the accelerator VC 9Unicorns Fund plans to invest in 100 start-ups in three years
Established in 2005, Tirupati Group has since grown to become a leading value added contract research and manufacturing company for nutraceutical supplements in India