Deal Alert: 3i invests $80 M in steel pipe co. Welspun Gujarat
Edited extracts from the 3i press release: UK-headquartered 3i has invested US$80 million for a 6.6% stake in Welspun Gujarat Stahl Rohren Ltd (“Welspun”) through a purchase of secondary shares…
Deal Alert: Havells to raise $110 M from Warburg Pincus
Edited extracts from the Warburg Pincus press release: Electrical and power distribution equipment company Havells India has announced that Warburg Pincus is investing $110 million in the company. Havells will…
Deal Alert: Tejas raises $24 M from Goldman Sachs
Bangalore-based Tejas Networks, a provider of optical technology based telecom equipment, had announced that it has attracted $24 million in new equity financing from Goldman Sachs. The company will use…
The Fabindia story
Business Today has an profile of Fabindia, a retailer of ethnic ware, which recently raised a round of Private Equity funding. Fabindia is recasting its supply chain, setting up dozens…
Are REITs the right way?
A Businessworld article discusses how real estate companies like DLF and Unitech are raising money via REIT listings overseas and raises questions on whether such issues are fair to their…
Crush on Cross-Border Continues
Here is the full text of my article for the Economic Times-Corporate Dossier (issued dated October 19, 2007) Despite the liquidity crunch in the US and Europe, Indian companies are…
Will the subprime mess affect Indian PE?
I wrote the following article for Economic Times-Corporate Dossier (issue dated September 7, 2007). The financial crisis triggered off the by the US sub-prime mortgage meltdown, is already impacting Private…
Exit Deal Alert: Sequoia Capital India notches up another exit as Cognizant acquires marketRx
Cognizant to pay about $135 million in cash as Sequoia Capital India reaps fourth exit in almost as many months from its WestBridge Capital avatar investments.Edited extracts from Cognizant’s press…
Deal Alert: IDFC PE leads $100 M investment in Moser Baer’s solar cell subsidiary
Edited extracts from the press release: Moser Baer to raise $100 million in its wholly owned photovoltaic subsidiary • $100 million to be raised from a consortium led by IDFC…
VC Interview: Bob Kondamoori of Sandalwood Partners
N. Sriram interviewed Bob Kondamoori, Founding Managing Director of Sandalwood Partners for the US-IVCA/Venture Intelligence quarterly report. Some extracts: What differentiates Sandalwood Partners from other VCs?We are focusing on early…