Page 3 - Private Equity

PE/VC pullback brings dark clouds over Indian climate-tech companies

Funding fell 61% to $1.3 bn in 2024

Multiples Alternate Asset Management to invest $2 bn in enterprise tech

Announces investment in QBurst of $200 million

KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race

KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December

India valuation not stretched on 'equity risk premium' metric: BlackRock

Vivek Paul, Head of Portfolio Research, BlackRock Investment Institute anticipates potential fiscal stimulus in the Budget to rev up consumption

PE-VC bets grow 5% to $56 bn in 2024, 2025 to be challenging: Report

Investments by the private equity and venture capital industry grew 5 per cent to USD 56 billion in 2024, after declining for two consecutive years, a report said on Wednesday. The ongoing calender year is going to be a "challenging" one with many uncertainties expected to unfold, the report by industry lobby grouping IVCA and consultancy firm EY said. "The yet to be unveiled policies of the new US govt could have far reaching effect on international trade flows, exports, currency, crude oil prices and their cumulative impact will have a bearing on the Indian macro," the consultancy firm's partner Vivek Soni said. He said Indian consumption also appears to be slowing down, and it hopes government takes steps to address the same. The firm is "cautiously optimistic" and hopes for the ongoing corrections in markets to close the valuation gap which can help in deal closures. In the year gone by, PE and VC funds' deal volumes surged 54 per cent to 1,352 transactions, indicating a declin

Bharat Value Fund Series 3 secures Rs 1,250 cr, eyes Rs 2,500 crore target

Managed under the India Inflection Opportunity Trust, BVF Series 3 targets a total corpus of Rs 2,500 crore, including a Rs 1,000 crore green-shoe option

DPIIT holds discussions with PEs, VCs, pension funds on ways to promote FDI

The Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday held consultations with pension funds, private equity and venture capitals on ways to attract more foreign direct investments into the country, an official said. The meeting was second in the line. Last week, the department held discussions with stakeholders, including law firms and industry chambers, on the matter. In that meeting, the issues being flagged by law firms included permitting e-commerce players to allow foreign direct investment (FDI) in inventory-based models of online trade for export purposes only; easing press note 3 by defining beneficial ownership; and some tweaking the policy for single-brand retail trading. Under this press note, government approval is mandatory for investors from countries sharing land borders with India in any sector. FDI inflows into India have crossed the USD 1 trillion milestone in the April 2000-September 2024 period. The key sectors attracting the maximum

Aragen secures $100 mn funding from Quadria Capital, plans expansion

Contract research, development and manufacturing organisation Aragen on Monday said it has secured USD 100 million investment from private equity fund Quadria Capital. The investment will result in Quadria acquiring a minority stake in Aragen, at a valuation of around USD 1.4 billion, primarily through a fresh capital infusion, with a small portion from the sale of shares by existing investors, the company said in a statement. The funding will support the company's strategic expansion of its capabilities and infrastructure, enabling it to meet the growing demand for outsourcing services from innovators in the US and Europe, it added. With investment, Quadria joins Goldman Sachs as the second strategic investor in Aragen. "This investment marks a pivotal moment as we scale to meet the needs of a rapidly evolving market, said Manni Kantipudi, CEO, Aragen Life Science. "Our expanded capabilities will allow us to support the rising demand for integrated discovery and manufacturing ...

PE investment in real estate rises 6% to $2.82 bn in Apr-Dec 2024: Anarock

Private equity investment in Indian real estate rose 6 per cent to USD 2.82 billion during the April-December period of this fiscal, driven by a surge in fund inflow in industrial & logistics parks, according to Anarock. Real estate consultant Anarock data showed that the number of Private Equity (PE) deals dropped to 24 during the first nine months of this fiscal from 30 in the year-ago period. But, the total investment value rose 6 per cent to USD 2.82 billion from USD 2.66 billion in the period under review. Foreign funds contributed 82 per cent to the total PE investments during April-Decrmber 2024. Among assets class, the industrial and logistics sector captured 62 per cent of the total investments, housing 15 per cent, office 14 per cent and mixed-use projects 9 per cent. Shobhit Agarwal, MD and CEO of Anarock Capital, said the top 10 deals comprised 93 per cent of total PE transactions in the first nine months of this fiscal year. He noted that the the total PE investmen

KKR and Bain each bid over $5 bn for Seven & i's York Holdings spin-off

KKR offered around 800 billion yen ($5.1 billion) for York Holdings, an entity due to be spun out of the Japanese retailer, two of the people said

Catch of the day: PE/VC funds reel in Rs 1.13 trillion in share sales

Net big from small and midcap exits

Shubham Housing raises Rs 1,000 crore in round led by Multiples PE

Shubham Housing Development Finance on Tuesday announced a Rs 1,000 crore fundraise in a round led by Multiples Private Equity. Existing investors Asian Development Bank (ADB) and British International Investment (BII) also participated in the round, which consists of a mix of primary and secondary transactions. Multiples will hold a significant minority stake in the company post-transaction. The deal comprises a primary issuance of Rs 400 crore along with a secondary purchase from early investors, the statement said. Multiples' managing director Nithya Easwaran, who will enter the company's board post deal, said the Shubham has a strong focus on asset quality and expertise in micro markets. The company, an affordable housing finance lender that provides home loans to lower-income families and emerging consumers across the country, will use the funds to drive growth across its product offerings and expand its footprint. The Gurugram-headquartered company started in 2011 and has .

PricingDirect, Alumni tie up for independent valuations of PE securities

Private equity has grown over the past few years, with an increasing number of firms turning to private credit as the main source of financing their deals

PE-VC investments in India's healthcare sector fall in 2024, shows data

Experts feel that the sector will continue to attract $5-6 bn private capital annually

LeapFrog Investments secures $1.15 billion in largest fund to date

The fund, comprising $808 million in primary commitments and $210 million in pre-allocated co-investment, primarily focuses on healthcare and financial services in growth markets

PE players and VC companies adjust to longer holds after public listing

Startup IPO boom reshapes their investment strategies

BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'

Bain Capital's Kotecha highlighted that the strongest indicator of PE's value is the long-term track record and measurable impact on portfolio companies

BS BFSI Summit: Public listings allow profitable exits for PEs, say experts

Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit

APAC private debt rises, India raises $2.3 bn in Q3 alone: Report

APAC private capital fundraising hits five-year low: Preqin report

Reporting fair value: Streamlined valuations to boost investors' confidence

The various accounting standards fail to earmark the methodology of valuation to be adopted under different circumstances, leaving the choice of valuation method at the discretion of the valuer