Swaraj Singh Dhanjal
Stories by Swaraj Singh Dhanjal
After COVID-19 blow, exits by PE-VC firms in India on way to hit new record in 2021
At $12.88b, strategic acquisitions lead the exit activity.
India: Travel tech services provider Rategain files for IPO
The company plans to raise ₹400 crore through the IPO.
KKR India Fin Services and InCred Finance agree to merge their lending businesses
The merged entity, InCred Finance, will be led by Bhupinder Singh.
Several IPO-bound Indian companies hit by last-minute lawsuits, complaints
Paytm is being sued by an ex-director alleging he invested $27,500 20 years ago but never got shares.
Patanjali-owned Ruchi Soya gets Indian regulator’s nod for $580m FPO to pare debt
Patanjali had acquired the erstwhile bankrupt firm in 2019 for $586m.
Blackstone offers to pay key employees of Sona Comstar a part of stake sale proceeds
Blackstone holds a 34.18% stake in the auto component maker.
Partners Group to buy majority stake in Indian broadband firm Atria Convergence
True North will exit the company, while TA Associates will partially divest its stake.
India: Investors bet big on pre-IPO funds as tech cos eye listings
The technology sector will play a key role in Indian stock markets with the strong pipeline of firms filing for IPOs.
India’s Edelweiss Wealth Management raises $200m for pre-IPO fund
The Crossover series of funds from Edelweiss have raised more than ₹3,700 crore across its first three series.
India: Eighteen investment banks vie for LIC’s massive IPO mandate
The IPO of LIC is set to be the biggest share sale in the country.