M Sriram
Stories by M Sriram
India’s Digit Insurance to refile for $440m IPO after regulator flags compliance issues
The company was last valued at $3.5b by Sequoia Capital.
Nomura hires top ICICI banker to head India ECM business
Data from Refinitiv showed that Indian companies raised $19.4b from equity capital markets in 2022.
Alibaba sells Paytm stake worth $125m via block deal
Alibaba held a 6.26% stake in Paytm as of end-September.
Nexus Venture eyes $700m fund to bet on India, US tech startups
The new fund will be its seventh so far and take the firm's AUM to over $2 billion.
India’s Snapdeal to shelve $152m IPO amid tech rout
The latest casualty of a meltdown in tech stocks that has soured investor sentiment
India’s top winemaker Sula Vineyards eyes $353m valuation in IPO
Wine has been gaining favour in India in the past few years.
KKR-backed Indian shadow lender Five Star said to target IPO at 27% lower valuation
Fidelity Investments and HDFC Mutual Fund are in in talks to invest in the anchor book of the IPO.
Canada’s OTPP fund planning Indian investment drive, says CEO
The fund looks to expand investments in infra, healthcare and renewables.
Blackstone to sell stake, and ADIA to invest, in Indian REIT Embassy
ADIA likely to pick up at least half of the stake that Blackstone is to sell: sources.
India’s Mahindra said to be in talks with green funds, PEs to raise up to $500m in EV push
Mahindra's EV unit, for which it is raising the funds, was valued at $9.1b in July.
