Sneh Susmit
Stories by Sneh Susmit
India: Bumper listing of E2E Networks may open up viable exit gate for VCs
Experts believe that the successful IPO and post-listing performance of E2E networks will open the opportunity for other VC-backed companies to unlock
Blackstone unit sells 8% stake in India’s Mphasis for about $213m
In September 2016, the buyout major had bought a controlling stake in Mphasis for Rs5,466 crore ($816 million) from Hewlett Packard Enterprise (HPE).
India: Edelweiss unit raises $297m for infrastructure fund
The fund aims to raise another Rs4,500 crore (nearly $668 million) via a green shoe option in the next 12 months, Edelweiss said.
Pune-based jewellery chain P.N. Gadgil to file papers for $75m IPO
The firm is looking to raise the capital for business expansion and debt repayment.
Impact investor Lok Capital to inject 15% of third fund in fintech firms
This is the first time Lok Capital, which invests in businesses that generate both financial returns and social or environmental good, is considering
India: 12 IPOs lined up over next two months to raise $2.5b
Major IPOs to hit the market this quarter include HDFC Asset Management Co. Ltd, Varroc Engineering, IndoStar Capital Finance, CreditAccess Grameen Lt
India: KKR, StanChart, TPG Global may invest in Max Life to fund acquisition plans
Max Life is said to be leading candidate to buy out or pick up a majority stake in IDBI Federal Life Insurance Co. Ltd.
India: ACME Solar looking to raise up to $230m in revised IPO
The renewable energy producer is planning to re-file the draft red herring prospectus for its IPO.
Dubai-based Equitativa to tap India for REITs in education, realty, logistics
Equitativa feels the Indian market presents the right opportunity for REITs, given that economy is doing well and the regulations around the asset cla
Private equity exits in India jumped over 60% to $15.7b in 2017: Bain
In 2016, the Indian private equity industry reported total exits worth $9.6 billion.
