Exclusive: Blackstone, Carlyle, others eye controlling stake in Indian healthcare firm
Private equity behemoth Blackstone is among a clutch of bulge-bracket global investors who are in the race to pick up a controlling stake in an Indian healthcare company, three people aware of the development told VCCircle. Blackstone, which struck its first hospital deal in India last year and invested $1 billion to ......
Grapevine: Carlyle-backed Hexaware taps i-banks for IPO; Mankind Pharma eyes Bharat Serum
US private equity giant Carlyle has assembled a syndicate of five investment banks to facilitate the forthcoming IPO of portfolio firm Hexaware Technologies, a media report said. The syndicate includes Kotak Mahindra Capital, Citi, JP Morgan, IIFL Capital, and HSBC Securities. The IPO is intended to offer Carlyle a partial ......
Warburg, Carlyle, others in fray for stake in healthcare tech solutions provider
A string of global buyout firms including Thoma Bravo, CVC Capital, Carlyle, Platinum Equity and Warburg Pincus are evaluating an investment in a healthcare firm backed by a leading homegrown private equity player, at least two people aware of the development told VCCircle. The PE firms are looking to acquire a ......
Grapevine: ChrysCapital mulls GeBBS Healthcare sale; Carlyle taps 2 banks for Hexaware IPO
ChrysCapital, India's largest domestic private equity firm, is planning to sell GeBBS Healthcare Solutions, a Los Angeles-based healthcare BPO company, six years after acquiring it, a media report said. ChrysCapital initially acquired an 80% stake in GeBBS in 2018 for $140 million, when its valuation stood at $175 million. The potential ......
Carlyle-backed Indegene makes another overseas acquisition
Indegene, a technology-led healthcare solutions provider to biopharmaceutical, biotech and medical devices companies, has acquired another overseas company to ramp up its service offerings. The Indian company, which is backed by US-based private equity firm Carlyle, has purchased medical writing consultancy firm Trilogy Writing & Consulting GmbH. Indegene said in a statement Trilogy's acquisition will ......
Carlyle joins race for controlling stake in bakery chain
US investment giant Carlyle Group has joined a slew of global private equity firms and strategic suitors that are in race to acquire a controlling stake in a Indian bakery chain, two people aware of the development told VCCircle. Carlyle Group, which has lowered the target for its latest pan-Asia private ......
Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware
E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and others, a media report said. Tiger Global and Peak XV Partners are committing a combined $150 million, supplemented by Peak XV's $70 million contribution. SoftBank is planning to chip in with $30 million, ......
Claris founding family's waste-to-energy firm Abellon taps offshore investor
Abellon Waste Management Ltd, set up by the family behind Claris Lifesciences Ltd, is raising capital from a marquee foreign investor, almost eight years after the Ahmedabad-based group sold its flagship business. Abellon Waste Management, a newly minted company promoted by Arjun and Aditya Handa’s Claris Ltd, is set to secure ......
Deals Digest: Funding level drops week-on-week but stays strong at over $400 mn
Indian companies raised a lower amount of capital this week compared with the previous five-day period as only a handful of big-ticket deals were announced. The value of a key transaction remained undisclosed, keeping the overall funding value lower. This week, private companies cumulatively secured about $432 million, about 23% lower than ......
Our pipeline has a 2:1 split between capital market & deals advisory: JM Financial's Sonia Dasgupta
In over five decades of existence, JM Financial has emerged as one of the few standalone entities in investment banking, competing with bank-owned dealmakers including Axis, ICICI Securities and Kotak across the M&A, equity, private equity, debt, and advisory landscapes. The firm, floated in 1973 by Nimesh Kampani, recorded FY24 as ......
