Search Results for:Shrija Agrawal
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.
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.
The US represents the largest limited partner (LP) base, followed by a diversified group of investors from Europe, the Middle East, Singapore and China.
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.
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.
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.
Through this partnership, GLP will also become an investor in IndoSpace Core, a JV between IndoSpace and CPPIB
Swiggy, which raised funds earlier this year at $1.3b valuation, may see this double to $2.5b
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).
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.”