M Sriram
Stories by M Sriram
Bain Capital to sell $429m stake in India’s Axis Bank, marking complete exit
Bain Capital purchased shares in the bank in November 2017.
Blackstone eyes $300m IPO of Indian diamond certification firm IGI
Blackstone acquired IGI for $570 million in May 2023 from Chinese conglomerate Fosun.
India’s Embassy REIT plans to raise up to $400m, hires Morgan Stanley, Kotak: Report
The property group expects to complete the deal by June.
Indian budget supermarket chain Vishal Mega Mart mulls $1b IPO
Switzerland's Partners Group and India's Kedaara Capital together have a majority stake in Vishal Mega Mart.
India regulator clears Fairfax-backed Digit Insurance IPO after delay
Digit, last valued at $3.5 billion, filed for an initial public offering in August 2022.
Kedaara set to raise $1.7b for India’s biggest PE fund
The latest fund will be Kedaara’s fourth and will be 54% larger than its previous one in 2021.
SoftBank-backed edtech firm Eruditus plans to shift domicile to India from SG for IPO
Any potential listing is at least two years away, said the company's CEO.
India’s markets regulator said to be increasing scrutiny as IPO applications surge
Nearly 50 companies launched public issues in 2023.
Hyundai ropes in JPMorgan, Citi to accelerate $3b India IPO
The company plans to file regulatory papers in India by May/June for an approval.
MakeMyTrip, PolicyBazaar warn of hit on fintech investments amid Paytm crackdown
MakeMyTrip, PolicyBazaar and 10 other entities asked authorities to reconsider their decision on Paytm.
