Sneh Susmit
Stories by Sneh Susmit
India: Amber Enterprises raises $28m from anchor investors ahead of IPO
Amber's Rs 600 crore IPO will open on 17 January and close on 19 January.
India: Newgen Software raises $200m from anchor investors ahead of IPO
Venture capital investors selling their stakes include IDG Ventures, SAP Ventures and Ascent Capital.
In a blockbuster rise, India’s M&A deals jump 53.3 per cent to $77.6b in 2017
In 2017, the top five M&A deals accounted for 57% share, registering $44.3 billion in value.
UK govt’s CDC Group launches clean energy platform Ayana Renewable Power
Ayana Renewable Power will develop hundreds of megawatts of generation capacity for underserved Indian states and neighbouring countries in South Asia
India: PE sector sees record $24.4b inflow in 2017
Overall deal volume fell by 22% to 570 deals in 2017 from 726 in 2016, even as the average deal size surged to $42.8m from $21.2m.
India: Mitsubishi-led Japanese consortium to buy 20% stake in Cube Highways
Cube Highways is a platform set up by global infrastructure investor I Squared Capital and International Finance Corp. (IFC)
India: Biscuit maker Anmol Industries planning IPO in 2018
Several F&B companies have tapped the IPO market in the last three years in order to raise funds, retire debt and allow exits to private equity invest
India: Devi Seafoods planning $156m IPO in 2018
The proposed IPO is likely to be a mix of primary and secondary share sale.
India: Waaree Energies raises $15.6m from Centrum Financial, global PE fund
Waaree has raised the funds in the form of structured finance, where Centrum Financial has invested Rs25 crore and the PE firm Rs75 crore.
India: JSW Techno to buy 49% stake in Brahmani River Pellets
The deal comes just a couple of months after rival Tata Steel terminated an agreement to acquire Brahmani River Pellets for around Rs900 crore.