Thursday, March 30, 2023
Outlook India
Outlook Business

Private Equity

The fund will focus on companies operating in the digitalisation, sustainability, financial inclusion, consumption and health sectors

The investment company has already backed SaaS start-up Olvy and pharmaceutical billing software provider Localwell

In a likely first-of-its-kind transaction in Asia, Lexygen advised Basil Technology Partners on the close of a bespoke $700 million fund which will be co-managed with Capital Square Partners

SIDBI is working towards facilitating credit supply to the MSME sector in line with the government's vision of making India a $5 trillion economy. The organisation aims to grow its balance sheet to Rs 5 trillion in the next two years

Existing investors are expected to partially exit through a secondary share sale, and the investment is taking place at a valuation of $4 billion. Lenskart aims to continue expanding with 400 new stores and expects to turn profitable in the financial year...

The primary aim of this branch is to provide end-to-end support to start-ups at every stage of their journey, says Dinesh Khara, chairman of SBI

It is to be noted that deal activity witnessed a steady decline quarter-on-quarter after a strong start in the initial months of 2022, the report said, and 70 per cent of deal activity in terms of value and volumes was witnessed in the first half of 2022,...

The numbers reflect the overall funding winter that the start-up space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February

The regulator’s decision to allow private equity funds to directly invest in insurance companies through Special Purpose Vehicles gives insurers an option to make their own choices with greater ease

India is currently the home of the third largest ecosystem of start-ups after the US and China