ReghuBalakrishnan
Stories by ReghuBalakrishnan
India: Vishal Bakshi quits Goldman Sachs to set up PE business
The new venture, Avatar Growth Capital, is a mid-market private equity firm that will look at investing in high-growth companies.
India: TPG Capital to buy ICICI Bank’s home finance arm for $312m
TPG Capital agreed to buy ICICI Home Finance Co. Ltd after parent ICICI Bank decided to lower the valuation of the home financier, the person said, re
India: TA Associates in talks to buy stake in fashion brand W, Matrix may exit
TA plans to acquire a stake of about 30-35% in W, with existing investor Matrix Partners India selling its almost 20% stake and promoters 10-15% to ra
India: Metropolis Healthcare plans IPO, to give partial exit to PE Carlyle Group
Metropolis Healthcare Ltd, one of the three largest diagnostic chains in India, plans to sell shares in an initial public offering (IPO) to raise arou
India: FDI in pharma to boost M&As, PE investments, say experts
Allowing FDI beyond 74% will continue through the government approval route. Earlier, 100% FDI was permitted through the government approval route. Th
Kedaara Capital in advanced talks to buy minority stake in Sutures India
TPG Growth owns around 52% in Sutures and CX Partners holds 20% with the rest held by the promoters. CX Partners had acquired a 37% stake in Sutures I
India: Nippon Express in talks to buy 43% stake in TVS Logistics
Deal size expected to be Rs1,670 crore, valuing TVS Logistics at Rs3,800 crore; private equity investors KKR and Goldman Sachs to sell stake
India: OrbiMed Advisors in talks to pick up stake in Suraksha Diagnostic
The proposed round of funding will see Lighthouse Advisors selling its minority stake and fresh issue of equity of Rs50 crore; the investment round wi
KKR India set to invest $90m in dairy firm Kwality
KKR India, the local arm of the New York-based buyout firm, will invest through a structured debt transaction. The funds will help the Delhi-based Kwa