Indian Economy’s recovery pace moderated in April on account of 2nd Covid-19 wave with record infections. Markets remained stable in this month but two IPOs were listed at discount.
Key Deals include BYJU’S to acquire Aakash, Piramal to Acquire Hemmo Pharmaceuticals and Creador’s exit from Corona Remedies to ChrysCapital. Fun fact: Byju’s – Aakash deal was shaped by ISB Alumni Aakash Chaudhry (MD Aakash), Amit Jain and Amit Khanna.