by Vora Corporate Finance | Jan 21, 2023 | Insights
Economic Update: The Reserve Bank of India (RBI) in its monetary policy meeting held on December 7, 2022 has yet again hiked the repo rate by 0.35%. This is the fifth consecutive repo rate hike since May of this year. The repo rate will go up from 5.9% to 6.25%. RBI...
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 | Dec 31, 2022 | Articles, Capital Market Updates, Merger & Acquisitions, Private Equity & IPO
IMF said that while global economy is facing a slowdown, India is slated to become one of the fastest growing major economies in 2022 and 2023. United Nation’s climate change conference, Cop27 started in Egypt. Sensex crossed 60K and Nifty crossed 18K as global cues...
by Vora Corporate Finance | Nov 14, 2022 | Articles, Capital Market Updates, Merger & Acquisitions, Private Equity & IPO
RBI raised interest rates again in September by 50 bps to total of 190 bps in current cycle to combat inflation. There is a small not on policy actions by US Feds and the currency depreciation going on in majority of global currencies against USD. Stock markets were...
