Search Results for:Shrija Agrawal

The unlikely bedfellows: Flipkart’s Sachin Bansal and Ola’s Bhavish Aggarwal

Bansal, who has spotted Ola to begin his second innings as an investor, in all likelihood, will join the board and his influence should be considered more strategic.

Private investors sitting on $40b cash pile targeting India bets

Such record levels of dry powder in the market suggest an improvement in the fundraising environment, and reflect growing interest of limited partners in the India story.

India: Iron Pillar makes final close of maiden VC fund at $90m

The US represents the largest limited partner (LP) base, followed by a diversified group of investors from Europe, the Middle East, Singapore and China.

Private equity-led buyout deals in India hit a record $5.5b in 2018

This marks a shift in strategy for PE investors who had so far largely bought minority stakes. PE buyouts this year are also double that of 2017’s buyout deals worth $2.7 billion.

India: Will SoftBank kill the Venture Capital star?

More and more Indian founders and investors are getting used to this new playbook. At the heart of it is SoftBank, and its founder and CEO Masayoshi Son. He is known for taking investment decisions relying on his gut—and his “gut” draws inspiration from Yoda, the Jedi master from Star Wars.

True North picks up 75% stake in Sesa Hair Oil maker

Besides leveraging the brand, the acquisition could also be part of True North’s larger strategy of acquiring more companies or brands in the consumer sector.

India: Everstone-backed IndoSpace forms JV with GLP to co-invest in infra sector

Through this partnership, GLP will also become an investor in IndoSpace Core, a JV between IndoSpace and CPPIB

India: Swiggy in talks to raise $700m funding from Tencent, others

Swiggy, which raised funds earlier this year at $1.3b valuation, may see this double to $2.5b

TPG, ChrysCapital in talks to invest up to $82m in India’s Ess Kay Fincorp

Founded in 1994 by Rajendra Setia, Ess Kay facilitates the purchase of used commercial vehicles, tractors, cars and two-wheelers, and provides business loans to small and medium enterprises (SMEs).

Texas retirement fund to inject $75m in Everstone-backed IndoSpace fund

Sameer Sain, co-founder and CEO, Everstone Group, said, “We have a hard cap of $500 million and, at this stage, we are oversubscribed and closed to new investors.”