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Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to USD 23.3 billion in 2022, which is the lowest since 2019, when it was USD 15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to USD 23.3 billion -- the lowest annual inflows since 2019 when it was a low USD 15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights. The report did not say how many deals were closed in the year. In the December quarter, the PE investments totalled USD 3.61 billion, down 8.1 per cent sequentially from USD 3.93 billion and fell 67.2 per
Indian markets are holding on despite ongoing global chaos, thanks to supportive cyclical and structural factors, says Surana
Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him
Accion Labs is focused on digital transformation in global enterprises and tech firms. It has more than 4,800 employees globally, spread over 20 locations
Domestic PE players include funds like Multiples, Kedara, and so on, who, along with the global PEs, form the majority of the country's PE players
Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter
Better bargains may be available in the next few months
The energy industry led by Brookfield's $1.9 Billion investment in Reliance Pipeline Infra also saw a growth in investments.
Stakeholders unable to come to terms on future strategy of company
When private equity (PE) investor True North threw its hat in the ring to bid for Binani Cement as part of a consortium that included JSW Group, it had no idea the process would become as convoluted as it finally did. Effectively, the Kumar Birla-led UltraTech Cement was the highest bidder but its late submissions caused Binani -- one of the more coveted assets referred to the National Company Law Tribunal under the new Insolvency and Bankruptcy Code -- to be referred to the Supreme Court. The law eventually upheld the sale to Birla and True North lost the deal.Howeve, what it gained in exchange was priceless -- a view into cement which gave it an edge in understanding the sector. In the past decade, True North has invested a little over $100 million in four different businesses within the construction materials category. The latest one, Shree Digvijay Cement Company, was owned by Brazil-based Votorantim Cimentos, one of the largest global producers in the segment in terms of annual ..
Highways, Sanitation, waterways, renewable and 5G internet will need billions
At $9.2 billion, Q3 investments 60% higher than the year-ago period; $23.7 bn inflows in the first nine months of 2018 the highest for any calendar year yet
Players fear giving the founders total control with even minor stake holding will disrupt decision-making process
For October alone, the deal value read $1.6 billion