by Vora Corporate Finance | Jan 21, 2023 | Insights, Merger & Acquisitions
Transaction: Blackstone, an American private equity fund, announced that it would pick up a majority stake of 52% of present promoters including of founder Dr. Rekhi, in R Systems International, a digital services firm, for Rs. 2,904 Crores. Blackstone will also...
by Vora Corporate Finance | Jan 2, 2023 | Insights, Merger & Acquisitions
Transaction: Private equity player Advent International has entered into a definitive agreement to acquire significant stake in Suven Pharmaceuticals from the Jasti family. Advent will also be making an open offer to acquire additional 26% (entailing a total outgo of...
by Vora Corporate Finance | Dec 31, 2022 | Insights, Private Equity & IPO
Transaction: HealthKart Bags $135 Mn in Series H Funding Round Led by Temasek, 91 Partners and Kae Capital for valuation around $350-400 million (around Rs. 3000 Crore). The startup, also counts Sequoia India, Sofina and IIFL among its backers, has raised about $200...
by Vora Corporate Finance | Sep 12, 2022 | Insights, Private Equity & IPO
Transaction: Accumax Lab Devices Pvt. Ltd (“Accumax”), a leading provider of lab equipment and consumables, has raised its first private equity funding of $68 million (around Rs. 520 crore) from Creador and InvAscent. About Accumax: Incorporated in 2003 by...
by Vora Corporate Finance | May 28, 2021 | Financial Advisory, Insights, Merger & Acquisitions, Private Equity & IPO
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...