by Vora Corporate Finance | Oct 28, 2024 | Insights, Private Equity & IPO
Transaction: PhysicsWallah, an online coaching platform raised $210 million in a funding round led by Hornbill Capital and Lightspeed along with existing investors GSV and WestBridge, valuing the company at $2.8 billion. The round also included 15-20% of secondary...
by Vora Corporate Finance | Oct 28, 2024 | Insights, Merger & Acquisitions
Transaction: Max Healthcare entered into a strategic agreement with Lakshdeep Group to acquire 63.65% stake of Jaypee Healthcare at an EV of Rs. 1,660 Crores, amidst insolvency process. Under the agreement, it will organise debt for repayment of financial creditors of...
by Vora Corporate Finance | Oct 28, 2024 | Insights
The BSE Sensex closed at 84,300 up by 2.35% and the Nifty 50 closed at 25,811 up by 2.27% in September 2024. Markets initially rallied by positive investor sentiments of a more than usual interest rate cut by the US Federal Reserve. However, in the last week of month,...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Private Equity & IPO
Transaction: Jewellery retailer Bluestone secured Rs 900 crore in a pre-IPO funding round, raising its valuation to around $970 million (approximately Rs 8,100 crore). About Bluestone Jewellery: Launched in 2011, the second-largest omnichannel jewellery retailer in...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Merger & Acquisitions
Transaction: Birla fertility & IVF announced acquisition of 12 Baby science IVF clinics marking its entry into Karnataka, Maharashtra, and Tamil Nadu. About Baby Science IVF: Established in 2020, based in Bengaluru it provides fertility treatment services. It...
