by Vora Corporate Finance | Feb 19, 2022 | Insights, Merger & Acquisitions
Transaction: Retail unit of Reliance Industries Ltd. (RIL), Reliance Retail Ventures Ltd. (RRVL), has acquired 54% stake in Addverb Technologies for $132 million (Rs.983 Crore approx.) The investment round values the company at around Rs.2000 Crore. The cofounders...
by Vora Corporate Finance | Feb 19, 2022 | Financial Advisory, Insights
BSE Sensex went down by 0.41% to close at 58,014 in January 2022 as against 1.73% up to close at 58,254 in December 2021. Nifty 50 closed at 17,340 which was 0.08% lower as against 2.18% high to close at 17,354 in December 2021. Sensex went up by around 848 points on...
by Vora Corporate Finance | Feb 19, 2022 | Insights
Economic Survey 2021-22 was presented in parliament on the last day of January, one day before the Union Budget, and here are the highlights: Advance estimates suggest that the Indian economy has recovered to pre covid-19 pandemic levels. Agriculture and allied...
by Vora Corporate Finance | Jan 19, 2022 | Financial Advisory, Insights, Private Equity & IPO
Transaction: Ninjacart, a business-to-business marketplace for agricultural produce, has raised $145 million in a fresh round of funding from existing investor Walmart Inc., and its Indian e-commerce arm Flipkart. Valuation of Ninjakart was estimated by different News...
by Vora Corporate Finance | Jan 19, 2022 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: Encora, a global digital engineering services company, and Advent International, a global private equity firm, announced that Advent has acquired a majority stake in Encora’s business at valuation of $1.5 Billion. Warburg Pincus, the existing majority...
