by Vora Corporate Finance | Jan 21, 2023 | Articles, Capital Market Updates
IMF said that while the global economy is facing a slowdown, India is slated to become one of the fastest- rowing major economies in 2022 and 2023. Indian economic activity is showing resilience against the backdrop of the Global slowdown. RBI again hiked the repo...
by Vora Corporate Finance | Jan 21, 2023 | Articles, Capital Market Updates
Indian economic activity is showing resilience against back drop of Global slowdown. RBI again hiked the repo rate by 0.35% to 6.25% to address inflation. Climate conference COP 27 was concluded in Egypt with some developments in finance and mechanism to achieve...
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...
