by Vora Corporate Finance | May 20, 2021 | Financial Advisory, Insights, Private Equity & IPO
Transaction: Creador sold its stake in Ahmedabad based Corona Remedies to PE fund ChrysCapital. ChrysCapital paid Rs.6.7 billion ($90 million) for a 30% stake, of which 20% came from Creador and 10% from the promoter group. The deal values Corona Remedies at around...
by Vora Corporate Finance | May 18, 2021 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: BYJU’S has announced to acquire Aakash Educational Services Limited (AESL) through a strategic merger in a nearly $1 Billion deal. Aakash founders JC Chaudhry and Aakash Chaudhry will continue to lead AESL’s growth and expansion. Aakash founders along...
by Vora Corporate Finance | May 18, 2021 | Articles, Capital Market Updates, Debt Syndication, Merger & Acquisitions, Private Equity & IPO
Capital Market quarterly update of Q4 FY21 published in the ACAE Kolkata (Association of Corporate Advisors & Executives) Journal in April 2021. The new year 2021 has begun on a strong positive note with vaccination drives in major economies as well as in India....
by Vora Corporate Finance | May 18, 2021 | Insights
Department of Economic Affair has stated that that the rapid resurgence in Covid-19 cases, especially in India, has moderated the momentum of economic recovery. The IIP (Index of Industrial Production) data showed that manufacturing Index was at its highest in last 15...
by Vora Corporate Finance | May 1, 2021 | Financial Advisory, Insights, Merger & Acquisitions, Private Equity & IPO
Economic activity in India has moved above pre-pandemic levels in spite of vulnerability to risks from the spread of new mutations of the Coronavirus. Secondary markets have shown a mixed performance in the month of March 2021. IPOs of Anupam Rasayan India Limited and...