IFC Investment Services Projects: India Based on IFC Investment Services Projects

Total Page:16

File Type:pdf, Size:1020Kb

IFC Investment Services Projects: India Based on IFC Investment Services Projects IFC Investment Services Projects: India Based on IFC Investment Services Projects Date Disclosed Project Name Document Type 09/13/2021 A91 Fund II Summary of Investment Information (AIP Policy 2012) 08/11/2021 KICT Summary of Investment Information (AIP Policy 2012) 07/01/2021 HDFC II Summary of Investment Information (AIP Policy 2012) 06/17/2021 Silver Summary of Investment Information (AIP Policy 2012) 06/08/2021 KIIFB Green Loan Summary of Investment Information (AIP Policy 2012) 06/08/2021 Tabreed District Cooling Company Summary of Investment Information (AIP Policy 2012) 05/28/2021 Rabo India Summary of Investment Information (AIP Policy 2012) 05/20/2021 South Asia Growth Fund II, L.P. Summary of Investment Information (AIP Policy 2012) 04/30/2021 DFP Baring Asia Credit III Summary of Investment Information (AIP Policy 2012) Page 1 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects IFC Country Project Number Product Line Company Name Country Code 45858 A91 EMERGING FUND II India IND LLP 45328 KANDLA INTERNATIONAL India IND CONTAINER TERMINAL PRIVATE LIMITED 44139 Loan HOUSING DEVELOPMENT India IND FINANCE CORPORATION LIMITED 45113 Equity THE FEDERAL BANK India IND LIMITED 43776 Loan KERALA India IND INFRASTRUCTURE INVESTMENT FUND BOARD 44700 Equity DISTRICT COOLING India IND COMPANY 44172 Loan COOPERATIEVE India IND RABOBANK U A 39369 Equity SOUTH ASIA GROWTH India IND FUND II, L.P. 45107 Equity BPEA INVESTMENT India IND MANAGERS PRIVATE LIMITED Page 2 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects Sector Environmental Category Department Funds FI-2 Disruptive Technologies and Funds Infrastructure B Regional Industry - INF Asia & Pac Financial Institutions FI-3 Regional Industry - FIG Asia & Pac Financial Institutions FI-1 Regional Industry - FIG Asia & Pac other B Regional Industry - INF Asia & Pac other B Regional Industry - INF Asia & Pac Financial Institutions FI-2 Regional Industry - FIG Asia & Pac Funds FI-2 Disruptive Technologies and Funds Funds FI-2 Disruptive Technologies and Funds Page 3 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects IFC investment for Risk Management(Million - Status Projected Board Date USD) Pending 10/31/2021 Pending 09/21/2021 Active 06/30/2021 Active 06/07/2021 Pending 07/10/2021 Pending 07/22/2021 Pending 06/28/2021 Active 06/21/2021 Pending 06/05/2021 Page 4 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects IFC investment for Guarantee(Million - USD) IFC investment for Loan(Million - USD) 250 145.96 50 Page 5 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects IFC investment for Equity(Million - USD) Total IFC investment as approved by Board(Million - USD) 250 43.37 43.37 145.96 25 25 50 30 30 40 40 Page 6 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects WB Country Code As of Date IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM Page 7 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects 04/28/2021 Prime IV Summary of Investment Information (AIP Policy 2012) 04/20/2021 BajajFin Debt Summary of Investment Information (AIP Policy 2012) 04/16/2021 Everstone IV Summary of Investment Information (AIP Policy 2012) 04/15/2021 Medgenome Summary of Investment Information (AIP Policy 2012) 04/13/2021 Faering Capital International Growth Fund III Summary of Investment Information (AIP Policy 2012) 04/08/2021 EGP India - Thar Summary of Investment Information (AIP Policy 2012) 04/07/2021 Hero Fincorp TW Summary of Investment Information (AIP Policy 2012) 03/30/2021 RSE Glenmark Summary of Investment Information (AIP Policy 2012) 03/21/2021 Gaja 2020 Summary of Investment Information (AIP Policy 2012) 03/02/2021 VA Tech - HAM Projects Summary of Investment Information (AIP Policy 2012) 02/18/2021 Continuum Green Summary of Investment Information (AIP Policy 2012) 02/16/2021 RSE COVID Dodla II Summary of Investment Information (AIP Policy 2012) Page 8 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects 45228 Equity SEABRIGHT IV, L.P. India IND 45266 Loan BAJAJ FINANCE LIMITED India IND 45049 EVERSTONE FUND IV India IND 45102 Equity MEDGENOME INC. India IND 45210 Equity FAERING CAPITAL India IND INTERNATIONAL GROWTH FUND III 44816 Loan ENEL GREEN POWER India IND INDIA PRIVATE LIMITED 44200 Loan HERO FINCORP LTD India IND 44289 Loan GLENMARK India IND PHARMACEUTICALS LIMITED 44026 Equity GAJA CAPITAL INDIA India IND FUND 2020 LLP 42588 Loan Ganga STP Project Private India IND Limited 45140 Loan CONTINUUM ENERGY India IND LEVANTER PTE. LTD. 44940 Equity DODLA DAIRY LIMITED India IND Page 9 of 259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects Funds FI-2 Disruptive Technologies and Funds Financial Institutions FI-2 Regional Industry - FIG Asia & Pac Funds FI-2 Disruptive Technologies and Funds other B Disruptive Technologies and Funds Funds FI-2 Disruptive Technologies and Funds Infrastructure B Regional Industry - INF Asia & Pac Financial Institutions FI-3 Regional Industry - FIG Asia & Pac other B Regional Industry - MAS Asia & Pac Funds FI-2 CDFPE - Disruptive Technologies and Funds/Private Equity Funds Infrastructure A Regional Industry - INF Asia & Pac Infrastructure B Regional Industry - INF Asia & Pac Agribusiness and Forestry B CM4A1 - Regional Industry - MAS Asia & Pac/Agribusiness and Forestry - ASIA Page 10 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects Pending 05/31/2021 Pending 05/18/2021 Pending 05/31/2021 Active 05/18/2021 Pending 05/15/2021 Pending 05/20/2021 Pending 05/07/2021 Active 07/09/2020 Active 02/18/2021 Pending 11/04/2020 Active 01/27/2021 Active 12/15/2020 Page 11 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects 150 50.89 100 50 14.05 75 Page 12 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects 30 30 150 16.5 16.5 40 40 50.89 100 50 50 50 14.05 75 8.11 8.11 Page 13 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM IN 09/27/2021 02:48:00 AM Page 14 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects 01/30/2021 upGrad 2021 Summary of Investment Information (AIP Policy 2012) 01/25/2021 JC Flowers India Opportunities Fund Summary of Investment Information (AIP Policy 2012) 01/08/2021 RSE COVID Parag Summary of Investment Information (AIP Policy 2012) 01/04/2021 Provident Housing Summary of Investment Information (AIP Policy 2012) 12/21/2020 Stellaris Venture Partners India Trust II Summary of Investment Information (AIP Policy 2012) 10/22/2020 Netafim India Summary of Investment Information (AIP Policy 2012) 10/16/2020 Indospace COVID-19 Debt Summary of Investment Information (AIP Policy 2012) 09/21/2020 RKF COVID Response Summary of Investment Information (AIP Policy 2012) 09/03/2020 RSE COVID DCM Summary of Investment Information (AIP Policy 2012) 07/24/2020 Biological E II Summary of Investment Information (AIP Policy 2012) 05/29/2020 RSE COVID JK Paper Summary of Investment Information (AIP Policy 2012) 05/28/2020 Fullerton Loan Summary of Investment Information (AIP Policy 2012) 05/21/2020 Endiya II Summary of Investment Information (AIP Policy 2012) Page 15 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects 45142 Equity UPGRAD EDUCATION India IND PRIVATE LIMITED 43521 Equity J.C. FLOWERS INDIA India IND OPPORTUNITIES FUND 43983 Loan Parag Milk Foods Limited India IND 43201 Loan PURAVANKARA LIMITED India IND 44917 Equity STELLARIS VENTURE India IND PARTNERS INDIA TRUST II 44420 Loan NETAFIM IRRIGATION India IND INDIA PRIVATE LIMITED 43802 Loan INDOSPACE LOGISTICS India IND PARKS III LP 44016 Loan RAMKRISHNA FORGINGS India IND LIMITED 44204 Loan DCM SHRIRAM LIMITED India IND 44216 Loan BIOLOGICAL E. LIMITED India IND 43078 Loan JK PAPER LIMITED India IND 43960 Loan FULLERTON INDIA CREDIT India IND COMPANY LIMITED 43680 Equity ENDIYA PARTNERS FUND India IND II Page 16 of259 09/28/2021 IFC Investment Services Projects: India Based on IFC Investment Services Projects Health and Education B Disruptive Technologies and Funds Financial Institutions FI-2 Regional Industry - FIG Asia & Pac Agribusiness and Forestry B Regional Industry - MAS Asia & Pac Tourism, Retail, and Property B Regional Industry - MAS Asia & Pac Funds FI-3 Disruptive Technologies and Funds Agribusiness and Forestry B Regional Industry - MAS Asia & Pac Tourism, Retail, and Property B Regional Industry - MAS Asia & Pac Manufacturing B Regional Industry - MAS Asia & Pac Manufacturing B Regional Industry - MAS Asia & Pac Health and Education B Regional Industry - MAS Asia & Pac Agribusiness and Forestry B Regional Industry
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]
  • 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.
    [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]