Profile of Meru Cabs founder Neeraj Gupta
From the Mint article He did almost nothing for five years after his graduation from Mithibai College in Mumbai. “My wife got a job at Jet Airways right after college…
Profile of Vini Cosmetics founder Darshan Patel
From the Mint article: Patel launched Vini Cosmetics in 2010, having spent two decades at Paras Pharmaceuticals, which he co-owned with his brothers; he had a 24% stake in it.…
Deal Alert: Indian Angel Network invests in Tattva Spa
Elementia Wellness Pvt. Ltd, the company that owns the Tattva spa chain, has raised funding from the Indian Angel Network (IAN). The funds will be used to expand the company’s…
Deal Alert: Matrix Partners invests in online referral hiring firm Grown Out
Matrix Partners India has invested in the first institutional round of funding for GrownOut, a referral hiring solution that enables companies to leverage their employees’ professional network. GrownOut will use…
Deal Alert: NEA, others invest $500-K in image recognization tech firm Hyperverge
Chennai-based Hyperverge has raised $550,000 (Rs 3.5 crore) from a clutch of US-based investors, including New Enterprise Associates. Founded by Kedar Kulkarni and incubated at IIT-Madras, Hyperverge is preparing for…
Why PE investors should stick to minority investments in Restaurants
From an Economic Times article titledd “Do PE firms make bad chefs?” citing the problems at Adiga’s, Sagar Ratna and Nirula’s. Prudent investment metrics back PE’s thinking in grabbing pieces…
AZB continues to top Legal Advisor to Private Equity Transactions League Table in H1 2014
ALMT Legal, IndusLaw complete the Top 3 Most Active Advisors List AZB & Partners has retained its status as the Most Active Legal Advisor for Private Equity transactions during the…
Unitus Capital tops Private Equity Transaction Advisor League Tables for H1-2014
Ernst & Young is the Most Active Advisor inclusive of due diligence & other services Continuing its strong run from the previous year, Unitus Capital topped the Venture Intelligence League…
Why LPs don’t care about lowering the 2-and-20 Private Equity Fund Fee Structure
Private Equity International (PEI) has used Bain Capital’s new fund raising to provide an interesting take on why the decades old Private Equity fund fee structure of “2 and 20”…
Infra sector investments by SWFs & Pensions; IT deals buoy Q1’14 PE investments to $2.3 B
Deal Value almost doubles compared to year ago; Flat compared to Oct-Dec’13 quarter Private Equity firms invested about $2,273 million across 89 deals during the quarter ended March 2014, according…