Sneh Susmit
Stories by Sneh Susmit
India: Veritas Finance raises $10m from CDC Group
Existing investor Lok Capital also participated in this round of funding.
India: Asian Paints acquires remaining 49% stake in Sleek International for $7.8m
In August 2013, Asian Paints had acquired 51% stake in Sleek International for around Rs 120 crore.
India: Shalby raises $23m from anchor investors ahead of IPO today
Shares were allocated to 13 investors at Rs 248 apiece, the upper end of the price band for the IPO
Private equity exits through IPOs in India cross $1b in 2017
PE investors such as Warburg Pincus, ChrysCapital, Kedaara Capital reaped successful exits or part-exits through IPOs of Au Small Finance Bank and Eri
India: We don’t want to lose money by investing too much in one startup, say Blume Ventures founders
Karthik Reddy and Sanjay Nath of early stage fund Blume Ventures talk about trends in seed investing, the progression to a larger fund and the dynamic
India: Srei Equipment Finance files draft papers with Sebi for IPO
The share sale includes a fresh issue of Rs1,100 crore, while Srei Infrastructure Finance will offer 4.4 million shares in an offer for sale.
India: Edelweiss raises $236m through QIP
Edelweiss sold 52.56 million shares to investors at Rs280 apiece. The QIP saw subscription from both foreign and domestic institutions.
India: Sequoia Capital trims stake in Just Dial by nearly 1%
Sequoia Capital started selling its stake in Just Dial in the third quarter of the current calendar year.
India: TCG Asset Management planning $307m public market-focussed fund
Primario Fund will invest in opportunities where its capital can help companies restructure their balance sheets.
India: SSG Capital acquires 34.42% stake in Cox & Kings UK arm
Through the deal, Rohatyn has completely exited from Prometheon Holdings
