Search Results for:Malvika Joshi

Kotak PE plans to exit wellness firm Indus Biotech via IPO

The PE firm had invested close to $4.18 million in the firm for a substantial minority stake in 2007.

Samara Capital, Amazon buy supermarket chain More from Aditya Birla

The transaction is said to be valued at $580 million. It follows Amazon’s plans to build its food retail business in India for which it has made a separate allocation of $500 million.

Baring PE Asia in talks to acquire 26% stake in Lakshmi Vilas Bank

Lakshmi Vilas Bank is keen to sell as much as 51% if permitted by the Reserve Bank of India (RBI) but bad loans may cloud a potential deal as Baring wants to value the lender at about $400 million, a far cry from the bank’s expectation of $1 billion.

J.C. Flowers may buy out Ambit Holdings from asset reconstruction JV

J.C. Flowers and Ambit hold 47.5% each in the ARC while entrepreneur Jerry Rao holds 5%.

India: Arohan Financial plans to raise $48.6m, launch IPO in 12-15 months

The micro financier is also looking to launch its IPO in the next 12-15 months to help some of its investors sell their stakes.

TPG Growth appoints senior adviser Shailesh Rao as India head

Rao had been brought in for managing the technology portfolio of the PE firm in India, Asia and the US.

India: LT Foods raises $19.7m from Rabo Equity for its organic food unit

LT Foods Ltd has raised Rs 140 crore from existing investor Rabo Equity Advisors for its wholly-owned subsidiary Nature Bio Foods Ltd (NBFL) in lieu of an equity stake.

Tremendous potential in India’s consumer space, says ChrysCapital’s Kunal Shroff

ChrysCapital managing partner Kunal Shroff discusses how the PE firm clinched the Mankind Pharma deal at the last minute and potential investment opportunities in the distressed space.

Wealth managers emerge as conduits between VCs and capital in India

For any newbie fund to be in business, the most important task is to raise third party capital—also an external factor not in one’s control.

India: VC execs strike out on their own as smaller funds find favour with investors

Many new firms, such as Epiq Capital ($100 million), Pravega Ventures ($30 million), Fireside Ventures ($52 million) and Fundamentum ($100 million) were set up recently.