by Vora Corporate Finance | Feb 24, 2024 | Insights, Private Equity & IPO
PE: Byjus to raise funds at a discount of over 90% from its previous valuation. Transaction: Beleaguered edtech startup Byju’s is looking at raising fresh funds at a discount of over 90 per cent from its previous valuation to get rid of its financial problems....
by Vora Corporate Finance | Feb 24, 2024 | Insights, Merger & Acquisitions
M&A: Sony terminates merger deal with Zee Entertainment Transaction: Sony pictures entertainment gave a statement confirming sending termination notice to Zee Entertainment Enterprise Ltd., ending proposed $10 billion merger in India. Sony served the termination...
by Vora Corporate Finance | Feb 24, 2024 | Insights
Secondary Market: The BSE Sensex closed at71,752.11 by -0.68% and the Nifty 50 closed at 21,725.70 by -0.03% in the month of January 2024. There’s a noticeable rally in cyclical stocks, driven by the broader economic outlook and expectations of growth. The increased...
by Vora Corporate Finance | Feb 24, 2024 | Insights
Economic Update: Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman presented the Interim Union Budget for 2024-25 in the parliament. Finance minister highlighted that Indian economy has demonstrated resilience and maintained healthy macro-economic...
by Vora Corporate Finance | Feb 24, 2024 | Insights, Private Equity & IPO
PE: PlasmaGen Biosciences Raises $27 Million in Series C round. Transaction: Plasmagen Biosciences, a biopharmaceutical company focused on blood plasma-derived pharmaceutical products for India and emerging markets, has raised INR 225 crores, led by UK based Artian...
