US-based private equity firm Advent International will put in Rs 1,000 crore via its affiliate Jomei Investment Limited
They say the notion that PE investors leverage bait-and-switch to lure promoters and entrepreneurs into lose-lose situations through debt products is misleading
Hindustan Foods makes a range of food and non-food products in the cosmetics, personal care and home care space for top FMCG customers
Indian IT firms, especially in the mid-tier segment, have seen a rise of private equity firms taking stake to change their fortunes.While faster technology at mid-size IT services companies have attracted PE firms such as Blackstone, Carlyle, ChrysCap, Bain Capital, The Baring Asia and others to invest in the sector; PE-backed companies have seen faster growth at a time when their large listed peers slowed down due to uncertain market. Take the case of ChrysCapital. The Mauritius-based PE firm, which has earned significant returns from companies such as HCL Technologies, Infosys, Mphasis in the past, picked up nearly 4.5 per cent stake in Cyient in May 2013 for Rs 80-90 crore ($15 million). The firm got nearly Rs 80 crore ($13 million) through the open market transaction a few weeks ago. Its remaining stake is worth around Rs 260 crore at Cyient.Analysts say PEs come in with two major growth drivers - fund at a time of business transition and the portfolio companies at least start ...
Global investors display growing interest in Indian retail growth story
70-80% of all realty funding is last-mile financing