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DTC Impact on PE Funds: Case of old wine, New Bottle?

18x18 VCCircle News   about 17 hours ago
It appears that the chance to revamp the country’s income-tax regime has just past us by. For domestic private equity funds, it is almost a case of “the grass seemed greener on the othe...

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News Roundup: Catamaran In Talks For A Stake In CARE

18x18 VCCircle News   about 22 hours ago
Catamaran In Talks For Stake In CARE - NR Narayana Murthy's venture capital firm Catamaran is in preliminary talks to buy 5-7% in rating agency Credit Analysis & Research (CARE) from some exist...

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Aavishkaar Makes Three Part-Exits

18x18 VCCircle News   2010-09-01
Venture capital firm Aavishkaar Venture Management has concluded three partial exits from its microfinance and micro-venture capital funds as it looks to invest Rs 5,000 crore in India's social&nbs...

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Ex-CVCI Honcho PRS Launches Exponentia Capital

18x18 VCCircle News   2010-09-01
PR Srinivasan, the former managing director & India Region Head of Citigroup Venture Capital International (CVCI), is busy giving final contours to his new private equity venture christened Exp...

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News Roundup: Singapore's GIC Appoints India Real Estate Head

18x18 VCCircle News   2010-08-31
Singapore's GIC Appoints India Real Estate Head - The Government of Singapore Investment Corporation (GIC) has hired Kishore Gotety, who was most recently at RREEF, as country head for India real e...

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Asian Healthcare Fund Eyes 1st Close At $100M This Year

18x18 VCCircle News   2010-08-31
Asian Healthcare Fund, floated by Dabur Group chairman Anand Burman and former Dabur Pharma CEO Ajay Kumar Vij last year, is targeting its first close at $100 million by the end of 2010. The fund t...

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Reliance PE To Raise Up To $300M From Overseas Investors

18x18 VCCircle News   2010-08-31
Reliance Equity Advisors Ltd, the private equity arm of Anil Ambani's Reliance Capital, will soon kick off the overseas leg of fund raising as it plans to mop up between $250 million and $300 milli...

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Wireless Home Theatre Startup Snap Networks Eyes $3.5M VC Funding

18x18 VCCircle News   2010-08-31
Here is a technology product startup betting on India's urban consumption story. Snap Networks Pvt Ltd, a two-year-old start-up developing wireless home theatre solution, is hitting the market for ...

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Hero Honda Falls On Honda Stake Sale Report

18x18 VCCircle News   2010-08-31
Shares of Indian motorcycle maker Hero Honda recouped some losses after falling more than 6 percent on Tuesday on a television report that said Hero and KKR were in talks to buy out Honda Motor's s...

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Milestone Religare, Capstone Invest Rs 75Cr In CARE

18x18 VCCircle News   2010-08-30
Two joint venture private equity funds of Milestone Capital have invested a sum of Rs 75 crore ($17 million) in credit rating agency CARE (Credit Rating & Research Ltd). Milestone Religare Inve...

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Reliance Capital Appoints Madhu Kela As Chief Investment Strategist

18x18 VCCircle News   2010-08-27
Reliance Capital Ltd (RCL) has appointed Madhusudan Kela, currently head of equities at Reliance Mutual Fund, as chief investment strategist, Reliance Capital with increased responsibilities across...

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French IT Major Atos Origin Snaps Up Venture Infotek

18x18 VCCircle News   2010-08-27
French information services major Atos Origin has acquired transaction processing firm Venture Infotek Ltd in a 100% cash transaction. The deal is likely to give an exit to AIM-listed Kubera Cross ...