With at least half a dozen Internet companies in talks about going public via #IPO including giants like Zomato & Nykka, this IPO Boom will decide the legitimacy of the #startup ecosystem for years to come.
We're decoding this with M Sriram at https://www.moneycontrol.com/news/business/ipo/decoding-the-upcoming-indian-internet-ipo-boom-6542341.html
#Business #Deals #startupbusiness
We're decoding this with M Sriram at https://www.moneycontrol.com/news/business/ipo/decoding-the-upcoming-indian-internet-ipo-boom-6542341.html
#Business #Deals #startupbusiness
Moneycontrol
The Coming Indian Internet IPO Rush—what’s At Stake, Decoded
The first couple of IPOs could set the stage for a number of things. Where valuations settle could determine whether other privately held unicorns can continue commanding rich valuations or whether there will be a correction. Most importantly, the initial…
Leading drugmaker Glenmark Pharma is looking to unlock the value of its API vertical with a listing in 2021 which will also help to reduce the debt burden. More details in this exclusive newsbreak by Ashwin Mohan.
https://www.moneycontrol.com/news/business/glenmark-pharma-looking-to-unlock-value-of-api-arm-via-ipo-route-in-2021-6624591.html
#Pharma #IPO #Glenmark #Deals
https://www.moneycontrol.com/news/business/glenmark-pharma-looking-to-unlock-value-of-api-arm-via-ipo-route-in-2021-6624591.html
#Pharma #IPO #Glenmark #Deals
Moneycontrol
Glenmark Pharma Looking To Unlock Value Of API Arm Via IPO Route In 2021
The Glenmark IPO plan is being seen as a value unlocking exercise by the promoters. Investors will have the option or flexibility of betting on a pure play API business
HDFC Ltd exits India’s biggest operator of student accommodation assets Good Host Spaces! Guess who is the incoming investor? Global private equity major Warburg Pincus. More details in this report at https://www.moneycontrol.com/news/business/warburg-pincus-buys-hdfcs-stake-in-goldman-sachs-backed-good-host-spaces-6804641.html
#HDFC #WarburgPincus #Deals
#HDFC #WarburgPincus #Deals
Moneycontrol
Warburg Pincus Buys HDFC's Stake In Goldman Sachs-backed Good Host Spaces
Good Host Spaces is India’s first on-campus student housing platform and the country’s largest owner and operator of students accommodation assets. Existing shareholder Goldman Sachs and Warburg Pincus will support the future growth of the firm by investing…
#MCExclusive | PharmEasy is in advanced talks to acquire diagnostics services provider Thyrocare Technologies Ltd. in a deal worth approximately Rs 7,000-cr sources with direct knowledge tell Moneycontrol.
By Nisha Poddar at
https://www.moneycontrol.com/news/business/pharmeasy-in-talks-to-buy-thyrocare-in-deal-worth-around-rs-7000-crore-7048701.html
#PharmEasy #Thyrocare #Deals
By Nisha Poddar at
https://www.moneycontrol.com/news/business/pharmeasy-in-talks-to-buy-thyrocare-in-deal-worth-around-rs-7000-crore-7048701.html
#PharmEasy #Thyrocare #Deals
Moneycontrol
Exclusive | PharmEasy in talks to buy Thyrocare for around Rs 7,000 crore
The deal is likely to be announced soon given the IPO timelines of PharmEasy’s parent, API Holdings, people with direct knowledge of the development said.
#MCExclusive | The mega sale of Billdesk could be the 2nd largest Indian internet deal post the $16bn Walmart-Flipkart one.
Ashwin Mohan reports Naspers backed PayU is in the fray for a mega $3.5bn - $4.5 bn buyout
https://moneycontrol.com/news/business/naspers-backed-payu-in-race-to-buy-billdesk-set-to-be-2nd-largest-indian-internet-deal-after-walmart-flipkart-acquisition-7128581.html
#Billdesk #Naspers #Deals
Ashwin Mohan reports Naspers backed PayU is in the fray for a mega $3.5bn - $4.5 bn buyout
https://moneycontrol.com/news/business/naspers-backed-payu-in-race-to-buy-billdesk-set-to-be-2nd-largest-indian-internet-deal-after-walmart-flipkart-acquisition-7128581.html
#Billdesk #Naspers #Deals
Moneycontrol
Naspers-backed PayU In Race To Buy BillDesk; Set To Be 2nd Largest Indian Internet Deal After Walmart-Flipkart Acquisition
BillDesk’s processing network is used by India's largest banks and companies from telecom, insurance, utilities, financial services, education, entertainment and e-commerce businesses. PayU is a fintech company that provides payment technology to online merchants.
When top conglomerates unlock value via mega #deals, all legs of the story break first on Moneycontrol!
Hinduja Global Solutions sells #healthcare arm to Barings PE Asia for $1.2 bn, a story reported first by Ashwin Mohan back on Dec 8, 2020
https://www.moneycontrol.com/news/trends/health-trends/hinduja-global-solutions-sells-healthcare-vertical-to-barings-pe-asia-for-1-2-billion-7301161.html?utm_source=telegram&utm_medium=social
Hinduja Global Solutions sells #healthcare arm to Barings PE Asia for $1.2 bn, a story reported first by Ashwin Mohan back on Dec 8, 2020
https://www.moneycontrol.com/news/trends/health-trends/hinduja-global-solutions-sells-healthcare-vertical-to-barings-pe-asia-for-1-2-billion-7301161.html?utm_source=telegram&utm_medium=social
Moneycontrol
Hinduja Global Solutions Sells Healthcare Vertical To Barings PE Asia For $1.2 Billion
The Indian portfolio of Barings Private Equity Asia includes firms like Hexaware, Virtusa, Citius Tech, Coforge ( formerly called NIIT Technologies), CMS, AGS Health and RBS Bank. Reports indicate the PE firm has put delisted IT firm Hexaware on the block…
#MCExclusive | The API M&A boom continues, as post deals by rivals Carlyle, Advent & PAG, now global PE giant CVC Capital Partners is eyeing a minority stake in the API business of drug maker Shilpa Medicare reports Ashwin Mohan
https://www.moneycontrol.com/news/business/pe-major-cvc-capital-partners-in-talks-to-pick-up-minority-stake-in-shilpa-medicares-api-business-7325721.html
#Medicare #Deals
https://www.moneycontrol.com/news/business/pe-major-cvc-capital-partners-in-talks-to-pick-up-minority-stake-in-shilpa-medicares-api-business-7325721.html
#Medicare #Deals
Moneycontrol
PE Major CVC Capital Partners In Talks To Pick Up Minority Stake In Shilpa Medicare’s API Business
CVC’s India portfolio includes Bengaluru-based HealthCare Global Enterprises, the country’s largest cancer care provider, and UnitedLex, a legal services outsourcing firm. Earlier on July 12, Shilpa Medicare had approved the transfer of its API business to…
#MCExclusive | Post PAG-Edelweiss, another big deal brewing in the wealth & asset mgmt space.
Ashwin Mohan reports that Blackstone is in exclusive talks to buy a majority stake in Advent International backed ASK Group
https://www.moneycontrol.com/news/business/companies/blackstone-in-exclusive-talks-to-buy-majority-stake-in-advent-international-backed-asset-wealth-management-firm-ask-group-7370381.html
#Blackstone #Deals #ASKGroup
Ashwin Mohan reports that Blackstone is in exclusive talks to buy a majority stake in Advent International backed ASK Group
https://www.moneycontrol.com/news/business/companies/blackstone-in-exclusive-talks-to-buy-majority-stake-in-advent-international-backed-asset-wealth-management-firm-ask-group-7370381.html
#Blackstone #Deals #ASKGroup
Moneycontrol
Blackstone In Exclusive Talks To Buy Majority Stake In Advent International-backed Asset & Wealth Management Firm ASK Group
The last prominent buyout in the wealth management space was completed in March 2021 when PAG, a leading Asian investment firm acquired 61.5% stake in Edelweiss Wealth Management for ₹2,366 crore.
ICYMI | You heard it first at Moneycontrol last night! 🔥
Weeks after Tata Motors announced a $1bn fund infusion in its #EV business, Ashwin Mohan reports TVS Motor Company is also exploring the PE investor route for its EV biz at
https://moneycontrol.com/news/business/after-tata-motors-tvs-motor-company-also-exploring-pe-investors-route-for-ev-arm-7692431.html
#electricvehicles #TVSMotors #Deals
Weeks after Tata Motors announced a $1bn fund infusion in its #EV business, Ashwin Mohan reports TVS Motor Company is also exploring the PE investor route for its EV biz at
https://moneycontrol.com/news/business/after-tata-motors-tvs-motor-company-also-exploring-pe-investors-route-for-ev-arm-7692431.html
#electricvehicles #TVSMotors #Deals
Moneycontrol
After Tata Motors, TVS Motor Company Also Exploring PE Investors Route For EV Arm
The recent move by TVS Motor Company to create a separate arm for the EV operations comes on the back of the government’s plans to decarbonise the domestic transport sector. The government intends to have EV sales penetration of 30 percent for private cars…