By Joji Thomas Philip
Vivek Kathpalia, head of Singapore and Far East, Nishith Desai Associates, shares his views on the good, bad and ugly of the Indian PE landscape.
Since last year, Ekuinas has been venturing out of its six initial target investment sectors.
Hong Kong-based TR Capital Partners sees Vietnam as an attractive market for secondaries transactions in Southeast Asia.
Khurana said the Flipkart-Walmart deal or the possibility of an Ola-Uber merger would not be key to setting the tone for the VC space in India this year and the next.
Sachin Bansal stands to make anywhere between $1-1.5 billion from the sale. But that won’t console the 36-year-old.
The impact investor has put in $250m in India so far and plans to invest $50-60m annually.
Yar-Ping Soo, Partner (Singapore), says, “our biggest takeaway is the vital importance of local investment professionals who can navigate the complex heterogeneous markets of the region.”
Sale Stock itself is currently looking at a couple of acquisition opportunities, its president Jeffrey Yuwono said.
Earlier stage startups are finding it hard to grow in Indonesia as 60-70% of investments are going to mature companies.
With competition in the financial services space heating up in Southeast Asia, companies that control the most data and better understand consumer behaviour will have an advantage over others, Li said.