Olm November 2020.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

Olm November 2020.Pdf Investing In Pharma Funds Women’s Health Plans SubScriber copy not for reSale NOVEMBER 2020, ` 50 outlookmoney.com BEST TIME TO BUY YOUR NEW HOME? Ready-to-move-in houses are available at low prices, steep discounts and easy instalments Charge On Digital Transactions? Standard Mediclaim Startup Revival 8 904150 800027 1 1 Contents NOVEMBER 2020 VOLUME 19 ISSUE 11 pg 12 30 On The Path To Recovery Nightmare for startups are over as the ecosystem is limping back to normalcy 32 COVID Fails To Dampen Startup Funding BUYING EdTech and venture capitalists infuse fresh capital during the pandemic HOMES IN 36 Costly Covers, Better Care Health insurance turns friendlier, but premiums will TROUBLED rise over the next three years TIMES 44 MSMEs Struggle To Stay Alive The distress of India’s backbone could lead to serious job losses and unit closures A silver lining appears for the troubled 48 Divide On Digital Transaction real estate sector Debate over banks and fintechs levying fees on digital with falling prices payments intensifies and interest rates, plentiful supply, and 50 Protection Quotient lucrative offers Women should look for policies that cover their special needs and offer financial protection 52 New Darling Of Fund Managers It is the right time to invest in equity pharma funds 56 An Opportune Moment To Invest In Pharma Stocks Regulars Interview: Sailesh Raj Bhan on how a long term 4 Talk Back 8 Queries 10 News Roll 60 Stock Picks approach for systematic investment plan is a good 62 Morningstar 64 My Plan way to invest in pharma funds Columns 66 Don’t Put All Your Eggs In One Basket Vijay L Bhambwani, Saraswathi Kasturirangan & Pruthvi KS Actress Ritabhari Chakraborty’s take on investments Cover Design: PRAVEEN KUMAR .G HEAD OFFICE AB-10, S.J. Enclave, New Delhi 110 029; Tel: (011) 71280400, Fax: (011) 26191420 OTHER OFFICE Mumbai: (022) 50990990 Printed and published by Vinayak Aggarwal on behalf of Outlook Publishing (India) Pvt. Ltd. Editor: Debjoy Sengupta. Printed at Kalajyothi Process Pvt. Ltd. Sy.No.185, Sai Pruthvi Enclave, Kondapur – 500 084, R.R.Dist. Telangana and published from AB-10 Safdarjung Enclave, New Delhi 110029 For Subscription queries, please call: 011-71280462, 71280400 or email: [email protected] Published for the month of November 2020; Release on 1 November 2020. Total no. of pages 68 Outlook Money does not accept responsibility for any investment decision taken by readers on the basis of information provided herein. The objective is to keep readers better informed and help them decide for themselves. www.outlookmoney.com November 2020 Outlook Money 3 Talk Back Should You Give In To The Lure Of Discounts? With Big Billion Days knocking on the door, we are all a bit too EDITOR-IN-CHIEF frugal to splash out on Ruben Banerjee clothes and jewellery EDITOR Debjoy Sengupta this festive season. EQUITIES AND MARKETS EDITOR However, as these Yagnesh Kansara festivities come once SPECIAL CORRESPONDENTS a year, we weave plans Himali Patel to surprise our near Vishav and dear ones with PRINCIPAL CORRESPONDENT Nirmala Konjengbam gifts. This article was like a luminary in a NEWS DESK COPY EDITOR dark tunnel. Right now, I have much more clarity on how much to spend Sudeshna Banerjee during festivals. SUB EDITOR Shreyashi Mondol, Kolkata Indrishka Bose WEB CORRESPONDENT Rajat Mishra DIGITAL TEAM How To Save More Tax Amit Mishra ART I was not acquainted with the tax CHIEF ART DIRECTOR benefits and deductions that come Deepak Sharma under several Sections like 80C SENIOR DESIGNERS and 24B. This story helped me Praveen Kumar. G Vinay Dominic get a better picture. Secondly, it Leela was great to read all the advice on DESIGNER investments any employer must Rohit Kumar Rai consider before arriving at their tax TECH TEAM Raman Awasthi liability and tax-deductible every Suraj Wadhwa Keep Your Furry Friends Safe month. Surely, it is time for salaried employees to plan carefully and Business Office I grew up in a family where we have CHIEF EXECUTIVE OFFICER optimise tax outgo. Indranil Roy always enjoyed the company of pet dogs Shreyashi Iyer, Chennai VICE PRESIDENT and cats. They have been an integral Tushar Kanti Gosh part of our lives and our children love Betting Culture & IPL Circulation & Subscriptions spending time with them. When I came Gagan Kohli, Kapil Dhal (North) across this article, I was overwhelmed to What an amazing time to discuss G Ramesh (South) Arun Kumar Jha (East) know that our country’s pet population this topic. Informative, especially Manoj Kamble (West) has grown to 10 million. However, I about Dream 11 and what criminal am disappointed and miffed by the fact record it holds. As a person, I am Production GENERAL MANAGER that all this while we were living under against the betting that goes on Shashank Dixit a veil when it came to acknowledging in fantasy games, even though MANAGER the benefits of pet insurance. I would children in my house find it ecstatic. Sudha Sharma like to thank the team for coming up I appreciate that the story has a fine ASSOCIATE MANAGER Gaurav Shrivas with a story and providing valuable balance between the negative and DEPUTY MANAGER information, especially details of new positive sides of IPL betting. It has Ganesh Sah pet insurance policies available in the quotes and comments of IPL fans, market. The article shows how our pets which makes it even more relatable Accounts VICE PRESIDENT were denied the benefits. and interesting. Diwan Singh Bisht Devlina Hegde, Bangalore Aashi Sharma, Mumbai COMPANY SECRETARY & LAW OFFICER Ankit Mangal Letters must be addressed to: The Editor, Outlook Money, AB-10, Safdarjung Enclave, New Delhi 110029, or [email protected]. Please mention your full name and residential address. 4 Outlook Money November 2020 www.outlookmoney.com Give your investments the glitter it deserves. Presenting HDFC Multi-Asset Fund. HDFC Multi-Asset Fund invests in a diverse portfolio of equity, debt and gold related instruments. With this fund, you could not only aim to get the growth of equity and stability of debt, but also the benefits of gold to hedge against market uncertainties and inflation. So add some glitter to your portfolio and invest in HDFC Multi-Asset Fund. To know more, contact your Mutual Fund Distributor / Registered Investment Adviser or give a missed call on 73974 12345 This product is suitable for investors who are Riskometer seeking*: To generate long-term capital appreciation/income Investments in a diversied portfolio of equity and equity related instruments, debt & money market instruments and gold related instruments *Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. MULTI-ASSET FUND (An Open-ended Scheme Investing in Equity And Equity Related Instruments, Debt & Money Market Instruments And Gold Related Instruments) MUTU A L FUND I N V E S TMEN T S ARE S UBJE C T T O M ARK E T R ISKS, R E AD ALL S C HEM E R E L A TED DOCU MEN T S CAREF U L L Y . Talk Back New Gigs In Town I will be graduating this year. After considering the current job market scenario and low placement, I was planning to sign up for freelancing. Since nobody in my family has participated in the freelance economy, I was unsure if it would be a good decision. Added to that, I also did not have any precise data to give me a clear picture of demand in the market. Thanks to Outlook Money for coming up with this story cemented with reliable data about the job market. Nidhi Pandey, New Delhi Senior Living In Post Insure With A Two-In- COVID World One Plan Sunil Malhotra’s story and his decision Joint term insurance offers the to invest in senior care have helped opportunity to cover oneself and a thousands of others like him wake up, spouse under one contract, and I was Overcome Stress In get rid of the dilemma and take the aware of its benefits. I liked this story Uncertain Times set. The pandemic has changed our because it has minutely described the way of living. As independent seniors cover and various options available As the dark shadow of pandemic are becoming the new demography in various cases. Also, thanks for engulfs the globe with each passing in India due to changing realities, emphasising on the drawbacks. day, millions are drowning in serious they must be encouraged to live a Gurpreet Singh, Delhi depression and anxiety. The column wholesome life and not limit their by Swami Mukandananda on how to happiness. But, at the same time, fight this war with empowering minds they must go through all the options is truly the need of the hour. Problems available and not sign up for a less than are inevitable, but we need to train satisfactory facility in a hurry. I believe ourselves accordingly when we are on the article does complete justice a battlefield, and it starts with such regarding facts and offers excellent proven practices. suggestions on choosing a trusted Saraswati Das, Kolkata developer operator. Sumitra Chatterjee, Kolkata Insurance Goes Paperless Do Not Get Affected By The galloping infection has entirely Market Noise changed the business dynamics, with a strong infiltration of the new-age I have been following every article technology. However, as the story of My Plan on Outlook Money for has mentioned, I am excited to see the past couple of months, and I feel how things turn out for the insurance that the series of enriched investment industry as there will be less physical experiences that you highlight is interactions between insurance agents commendable.
Recommended publications
  • The Asia Pacific Private Equity & Venture Capital Web Meeting
    The Asia Pacific Private Equity & Venture Capital Web Meeting ZOOM & SLACK September 28th, 29th & 30th 2020 Singapore Standard Time LIVE ONLY, RECORDING IS PROHIBITED BUSINESS CASUAL ATTIRE The Asia Pacific Private Equity & Venture Capital Web Meeting ZOOM & SLACK– September 28th, 29th & 30th 2020 Dear Colleague, It is with great pleasure that I invite you to The Asia Pacific Private Equity & Venture Capital Web Meeting. The aim of this Web Meeting is to connect private equity & venture capital funds, family offices, institutional investors, and other industry professionals across Asia Pacific Region and the world. Our online meeting brings together over 300 c-level executives that will join us to virtually network and discuss investment opportunities, allocations, and the current performance of all private equity & venture capital related asset classes. Panel discussions to be covered include topic on institutional investor, family office, private equity, and venture capital perspectives. This is a live event and closed to the media. Video and audio recording of this event is strictly prohibited. We look forward to hosting you digitally! Best, Roy Carmo Salsinha President, CEO Carmo Companies Agenda Outline MONDAY, SEPTEMBER 28TH – DAY 1 8:00 am SGT Welcoming Address President, CEO, Carmo Companies (New York) 8:05 am SGT Best-Practices for Earning Returns in Venture Capital While Reducing Risk During COVID-19 Every crisis creates opportunity. The dot-com bubble burst gave rise to Amazon, EBay, and many others. During the 2008 financial crisis, Pinterest, Slack, and Stripe were created. If you were not investing in the market at that time, you would have lost-out on those opportunities.
    [Show full text]
  • Corporate Venturing Report 2019
    Corporate Venturing 2019 Report SUMMIT@RSM All Rights Reserved. Copyright © 2019. Created by Joshua Eckblad, Academic Researcher at TiSEM in The Netherlands. 2 TABLE OF CONTENTS LEAD AUTHORS 03 Forewords Joshua G. Eckblad 06 All Investors In External Startups [email protected] 21 Corporate VC Investors https://www.corporateventuringresearch.org/ 38 Accelerator Investors CentER PhD Candidate, Department of Management 43 2018 Global Startup Fundraising Survey (Our Results) Tilburg School of Economics and Management (TiSEM) Tilburg University, The Netherlands 56 2019 Global Startup Fundraising Survey (Please Distribute) Dr. Tobias Gutmann [email protected] https://www.corporateventuringresearch.org/ LEGAL DISCLAIMER Post-Doctoral Researcher Dr. Ing. h.c. F. Porsche AG Chair of Strategic Management and Digital Entrepreneurship The information contained herein is for the prospects of specific companies. While HHL Leipzig Graduate School of Management, Germany general guidance on matters of interest, and every attempt has been made to ensure that intended for the personal use of the reader the information contained in this report has only. The analyses and conclusions are been obtained and arranged with due care, Christian Lindener based on publicly available information, Wayra is not responsible for any Pitchbook, CBInsights and information inaccuracies, errors or omissions contained [email protected] provided in the course of recent surveys in or relating to, this information. No Managing Director with a sample of startups and corporate information herein may be replicated Wayra Germany firms. without prior consent by Wayra. Wayra Germany GmbH (“Wayra”) accepts no Wayra Germany GmbH liability for any actions taken as response Kaufingerstraße 15 hereto.
    [Show full text]
  • Shared Economy – India Story February 2020
    Maple Capital Advisors ® Engaging to Create Value Shared Economy – India Story February 2020 1 Content Preface 3 The Shared Economy – Sector Highlights 5 Overview 5 Drivers of the Shared economy in India 8 Sector Snapshots- Co-working space 10 Industry Overview 10 Co-working Economics 11 Other drivers for co-working 11 Private Equity in Co-working-India 12 Mergers and Acquisitions in Co-working -India 12 Investment drivers in co-working space 13 Regulations in Co-Working 13 Co-working space- Way ahead 14 Sector Snapshots- Co-living Space 15 Industry Overview 15 Co-Living vs. other accommodation options available 16 Other factors driving co living 16 Factors driving co-living 16 Investment drivers in co-living space 18 Regulations in Co-Living 18 Co-living space- Way Ahead 19 Sector Snapshots- Shared Mobility 20 Industry Overview 20 Why share? 23 Other Factors driving the Shared Mobility sector: 24 Investment drivers in Shared Mobility 24 Regulations in Shared Mobility 27 Shared Mobility: Way Ahead 28 Sector Snapshots – Furniture Rental 29 Industry Overview 29 Renting v/s owing furniture 30 Other factors driving furniture rental 31 Investment drivers in furniture rental sector 32 Regulations in Furniture Rental 32 Furniture rental: Way Ahead 33 Investment Summary & Conclusion 34 2 Preface Pankaj Karna Founder and MD - Maple Capital Advisors Shared Economy, establishing as a solid theme for the next decade…. We are in interesting times, as the preferences on asset ownership are changing rapidly and systematically. Coming from an era where asset ownership was dharma and anything else looked down upon, the world has rapidly espoused the opposite today.
    [Show full text]
  • Annual Deal List
    Annual Deal List 16th annual edition Contents Section Page Mergers & Acquisitions 04 1. Domestic 05 2. Inbound 15 3. Merger & Internal Restructuring 18 4. Outbound 19 Private Equity 23 QIP 67 IPO 69 Disclaimer This document captures the list of deals announced based on the information available in the public domain. Grant Thornton Bharat LLP does not take any responsibility for the information, any errors or any decision by the reader based on this information. This document should not be relied upon as a substitute for detailed advice and hence, we do not accept responsibility for any loss as a result of relying on the material contained herein. Further, our analysis of the deal values is based on publicly available information and appropriate assumptions (wherever necessary). Hence, if different assumptions were to be applied, the outcomes and results would be different. This document contains the deals announced and/or closed as of 23 December 2020. Please note that the criteria used to define Indian start-ups include a) the company should have been incorporated for five years or less than five years as at the end of that particular year and b) the company is working towards innovation, development, deployment and commercialisation of new products, processes or services driven by technology or intellectual property. Deals have been classified by sectors and by funding stages based on certain assumptions, wherever necessary. Dealtracker editorial team Pankaj Chopda and Monica Kothari Our methodology for the classification of deal type is as follows: Minority stake - 1%-25% | Strategic stake - 26%-50% | Controlling stake - 51%-75% | Majority stake - 76%-99% Maps are for graphical purposes only.
    [Show full text]
  • Discussion Paper 14: Agri-Startups and Agribusiness for The
    Agri-Startups and Agribusiness for the Development of Agriculture in Maharashtra Discussion Paper 14 MANAGE- Centre for Agricultural Extension Innovations, Reforms, and Agripreneurship (CAEIRA) 1 Published by National Institute of Agricultural Extension Management (MANAGE) (An organisation of Ministry of Agriculture and Farmers’ Welfare, Govt. of India) Rajendranagar, Hyderabad – 500 030, Telangana State, India ©MANAGE, 2020 About the Publication This discussion paper is based on the research conducted by Ms. Manisha Ohlan, MANAGE Intern under the MANAGE Internship Programme for Post Graduate students of Extension Education. Authors Ms. Manisha Ohlan MANAGE Intern & Ph.D. Scholar Chaudhary Charan Singh Haryana Agricultural University (CCSHAU) Hisar, Haryana e-mail: [email protected] Dr. Saravanan Raj Director (Agricultural Extension) National Institute of Agricultural Extension Management (MANAGE) Rajendranagar, Hyderabad, Telangana, India e-mail: [email protected]/ [email protected] Layout Design Ms. Niharika Lenka Disclaimer The views expressed in the document are not necessarily those of MANAGE but are of the authors’ own. MANAGE encourages the use, reproduction and dissemination of this publication for personal study and non-commercial purposes only with proper acknowledgment of MANAGE. Citation: Manisha Ohlan and Saravanan Raj (2020). Agri-Startups and Agribusiness for the Development of Agriculture in Maharashtra, Discussion Paper 14, MANAGE- Centre for Agricultural Extension Innovations, Reforms and Agripreneurship, National Institute of Agricultural Extension Management (MANAGE), Hyderabad, India. 2 Director General’s message Smt. G. Jayalakshmi, IAS Director General, MANAGE Startups have played and continue to play significant roles in the growth, development and industrialization of many economies of the world over. The start-up ecosystem in India has been evolving rapidly in the past decade.
    [Show full text]
  • Ivca Private Equity
    KONNECT ADVOCACY IVCA PRIVATE EQUITY - RESEARCH VENTURE CAPITAL REPORT EDUCATION KONNECT NOVEMBER 2020 NEW DELHI | MUMBAI | BANGALORE CONTENTS Executive Summary 03 Private Equity Investments 04 Venture Capital Investments 07 Exits 09 Angel Investments 11 Investments involving AIFs 13 Appendix & Tables 15 160+ MEMBERS & GROWING.. Executive Summary Private Equity(1) Investments & Exits November 2020 registered 74 Private Equity (PE) investments worth about ₹20,258 Cr ($2.7 Billion). The largest PE investment was the ₹9,555 Crore ($1.3 Billion) investment from Public Investment Fund in Reliance Retail Ventures, the holding company of the retail companies of the RIL Group. Funds with AIF vehicles participated in 32 investments. Retail and IT & ITES industry topped the industry table by value and volume, respectively. Mumbai topped the chart for most investments in a city (by value). The month witnessed 20 PE exits that harvested about ₹4,425 Cr ($596 million). The largest PE Exit was the ₹1,631 Cr ($220 million) part exit by investors in publicly listed Crompton Greaves Consumer Electricals Ltd via public market sale. Venture Capital (1) Investments & Exits November 2020 registered 49 investments worth about ₹1,064 Cr ($143 million). The largest VC investment was the $15 million investment in Vegan beauty company Plum led by Faering Capital and Unilever Ventures. Funds with AIF vehicles participated in 25 investments. 25 DPIIT-registered startups raised funding during the month. IT & ITES industry topped the industry table (by volume & value). Bangalore topped the chart for highest investments (by volume) in a city. The month witnessed 12 VC exits that harvested about ₹1,142 Cr ($154 million).
    [Show full text]
  • The Startup Environment and Funding Activity in India
    ADBI Working Paper Series THE STARTUP ENVIRONMENT AND FUNDING ACTIVITY IN INDIA Dharish David, Sasidaran Gopalan, and Suma Ramachandran No. 1145 June 2020 Asian Development Bank Institute Dharish David is associate faculty at the Singapore Institute of Management – Global Education, Singapore. Sasidaran Gopalan is a senior research fellow at Nanyang Business School, Nanyang Technological University, Singapore. Suma Ramachandran is former head of content strategy at YourStory Media, Bengaluru, India. The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. Working papers are subject to formal revision and correction before they are finalized and considered published. The Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI’s working papers reflect initial ideas on a topic and are posted online for discussion. Some working papers may develop into other forms of publication. In this report, “$” refers to United States dollars. Suggested citation: David, D., S. Gopalan, and S. Ramachandran. 2020. The Startup Environment and Funding Activity in India. ADBI Working Paper 1145. Tokyo: Asian Development
    [Show full text]
  • Today's View Cyber Diplomacy
    © 2017 Bank of Baroda. All rights reserved NEWS HIGHLIGHTS DPIIT to discuss with cos issues related with data storage in draft e-comm policy on Jan 14 Digital payment gains should be used to acquire merchants, says Nirmala Sitharaman Neobank EpiFi raises $13.2M seed funding led by Sequoia, Ribbit & others Algos are changing India’s stock markets Today’s View Akhil Handa +91 22 6759 2873 Cyber Diplomacy Manish Kulkarni Cybercrime is rapidly replacing traditional crime as the criminal’s method of +91 22 6759 2885 choice. Apart from the loss of trade secrets or personal information, it has the [email protected] potential to damage the relations between countries who suspect each other of political or economic espionage. Hence, governments around the world are Billion-dollar fintech exits recognizing the need for a coherent strategy to tackle cybercrime. Fifteen China-based financial technology firms have had exits Few years back, numerous financial institutions were targeted through valued at $1 billion or more in dozens of compromised computers located across the globe. Thankfully, the past three years. A look at targeted banks applied innovative approach to resolve this: they leveraged the frenetic pace of diplomatic channels to connect with the governments where these investments and cash-outs. compromised computers were located. This collaborative approach to cyber- Fintech firms, whether in threats, better known as cyber diplomacy, has turned out to be one of the payments, insurance tech or most effective tools to resolve cyber crisis. lending, are piquing investors’ interest. In G20 summit, the leaders of the world’s twenty biggest economies, formed international law in cyberspace through which participating countries have agreed not to employ cyber means to steal the trade secrets of another country to benefit their commercial interests.
    [Show full text]
  • The Green Digest July 2021
    ¥ $ ₽ ₹ € £ THIS IS ECONOMIC SLAVERY EAST SAY NO TO BAN A NO VOCAL INDIA ONLINE BAN B ONLINE FOR COM BAN X ONLY MY NATION, LOCAL 2.0 BAN Y OFFLINE MY RULES BAN Z Greenvissage www.greenvissage.com COVER STORY E-Commerce vs Retailers – Traders’ body refers E-commerce companies as “Second edition of East India Company with a defined mandate of emerging as masters of economic slavery”, the complete debacle explained. Prologue Government started supporting and promoting the use of computers nationwide to catch up with the “India missed one bus with the Industrial Revolution Computer Revolution that led to the beginning of a – a certain boost in muscle power and we were not digital revolution in India. Even in those early days, able to catch up for 300 years. Maybe, we didn’t jump many people protested and argued that computers on the second bus on time and that is – the electronic are ‘job-killers and would lead to unemployment. revolution or the computer revolution. And now we Interestingly, even after decades, although India has might have to run behind that bus, catch up to it and become the global market for internet and e- jump on to it. I think we are capable of doing this,” commerce, the situation and the hesitancy amongst said Rajiv Gandhi while speaking at a conference of many remain the same. ‘All India Manufacturers Organisations’ during his On June 28, the Confederation of All India Traders tenure as Prime Minister from 1984 to 1989. (CAIT) sent a letter to Prime Minister, requesting the India bought its first digital computer, a British-built Government to ensure mandatory compliance of HEC 2M computer, which was imported and installed rules in case of E-commerce business in India and in the Indian Statistical Institute, Kolkata in 1955, by that there is no dilution in the draft e-commerce rules paying a hefty price of INR 10 lakh.
    [Show full text]
  • Financial Insights April 2019
    Financial Insights April 2019 www.indcap.in Contents Mergers & Acquisition s 03 Private Equity 04 M&A Deals – April 2019 05 PE Deals – April 2019 06 Indcap Opportunities 07 Markets/ Commodities 08 M&A INSIGHTS India’s Manipal Hospitals, a multi-specialty hospital chain backed by TPG and Singapore’s Temasek, has submitted a binding offer amounting to INR 58,000 Mn ($828.57 million) to buy Gurugram-headquartered Medanta. State-run GAIL (India) Ltd. has emerged as the highest bidder to buy seven operating wind energy assets of the financially struggling Infrastructure Leasing & Financial Services Ltd. (IL&FS).The gas distributor offered about INR 48,000 ($689 million) for the assets. Promoters of Bharat Serums and Vaccines Ltd. are in initial talks with private equity (PE) firms to sell a controlling stake in Carlyle Group and Advent International for around $500 million. Malaysian state-owned oil and gas firm Petronas had acquired a Singapore- based solar energy company Amplus Energy Solutions (P) Ltd. as part of a strategy to move into renewable energy, chasing high-growth business to complement its mainstay operations for INR 27000 Mn. Asia-focused investment firm Baring Private Equity Asia (BPEA) has signed definitive agreements to acquire about 30 per cent stake in Indian software services company NIIT Technologies Ltd. for INR 26270 Mn ($381 million). South African conglomerate Naspers-owned payments company PayU has acquired Bengaluru and California-based Wibmo for INR 4840 Mn ($70 million). The firm’s wholly-owned subsidiary Prestige Retail Ventures Ltd. has purchased the stake in Forum Sujana Mall for a total consideration of INR 3640 Mn ($52.4 million at the current exchange rate).
    [Show full text]
  • Avcj Private Equity & Venture Forum
    AVCJ PRIVATE EQUITY & VENTURE FORUM 2021 SERIES Global perspective, local opportunity India Private Markets Investor Spotlight 17 March 2021 FORUM REVIEW Co-Sponsors Exclusive Legal Sponsor www.avcjforum.com/india-privatemarkets-webinar India Private Markets Investor Spotlight The AVCJ India Private Markets Investor Spotlight was successfully held on 17 March. This virtual event brought together over 530 senior industry practitioners including 180+ LPs from 22 countries. The regions senior private equity, credit and venture capital leaders discussed the current industry landscape in India and shared their views on the private markets outlook in each asset class, the areas they will be targeting for growth and the challenges the industry is facing in 2021 and beyond. 2021 Delegate composition • Attended by 180+ Limited Partners •17 Speakers • Over 530 participants from from India and overseas 22 countries and more than 365 companies Chairman / CEO / PE/VC General Managing Partner, 11% U.S.A., 5% Others Partners, 28% Others, 1% (Media, etc.), 1% India,33% Managing Director / Europe, 5% Partner / CFO / Others - Asia, 6% Professional CIO, 30% Services, 23% Principal / VP Japan & Korea, 4% / Manager / Associate, 43% Banks / iBanks, 5% Limited Singapore, 21% Partners, 35% Hong Kong, Corporates 8% Director / 26% General Manager / Chief Representative, 15% Supporting Organisations India Private Markets Investor Spotlight Speakers • Utsav Baijal, Head of India Private Equity • Vishal Mahadevia, Managing Director & & Senior Partner, APOLLO GLOBAL
    [Show full text]
  • H1 2019 Advocacy
    IVCA PRIVATE EQUITY-VENTURE CAPITAL REPORT H1 2019 ADVOCACY www.ivca.inMissionaries RESEARCH PE/ VC Report Feedback Rohan Parulekar - [email protected] EDUCATION IVCA Membership & Event Sponsorship AakritiBamniyal - [email protected] Other Queries KONNECT IVCA Team - [email protected] Contact number: 011- 49879305 | 011- 49876992 Delhi Office: Mumbai Office: Bangalore Office: IVC Association IVC Association IVC Association 806, 8th Floor, Akashdeep Building, One Indiabulls Centre, South Annexe, Axilor Transit, 3B, West 1Wing Sobha 26A Barakhamba Road, Connaught Place, Tower 2A, 03rd Floor, ISME Ace Senapati Bapat Marg, Pearl, No. 1, commissariat road, New Delhi – 110001 Elphinstone Road, Mumbai - 400013 Bangalore 560001 TABLE OF CONTENTS Section Page No. 1. Executive Summary 3 2. Private Equity Investments 4 3. Venture Capital Investments 9 4. Exits 13 5. Angel Investments 15 6. Fund Raising Activity 16 7. Appendix & Tables 18 2 150 + Members and growing… EXECUTIVE SUMMARY Private Equity Investments & Exits • H1 2019 witnessed 385 Private Equity (PE) investments worth ₹114,446 Cr ($16.3 Billion) • The largest PE investment announced was the Canadian asset management firm Brookfield's $1.9 Billion acquisition of Pipeline Infrastructure India • Private Equity (PE) investments involving AIF funds registered 195 transactions worth ₹30,287 Cr ($4.3 Billion) • IT & ITES companies topped the industry table (by value and volume) • Mumbai topped the chart for highest investments (by value) in a City • H1 2019 saw 85 PE exits that harvested ₹28,648 Cr ($4.1 Billion) • The largest exit was the ₹2,624 Cr ($377 million) complete exit by investors and promoters of hospital chain Medanta via a strategic sale to Manipal Hospitals • India-focused funds raised ₹26,935 Cr across 16 funds in H1 2019 • 83 New AIF fund registrations in H1 2019 vs.
    [Show full text]