The Venture Intelligence Blog

The IPO of PE-backed Newgen Software was over-subscribed  8 times  with all PE-VC investors making a complete exit in the company. The IPO was a 78% offer for sale by existing shareholders. With data from  Venture Intelligence PE/VC Database  and  Company Financials Database  we look at Newgen Software's journey and how it's investor fared in the IPO. Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.

Raja Kumar, Founder & CEO of Ascent Capital The growth capital focused PE firm Ascent Capital, recently invested Rs.150 crore in Hyderabad-based IVRCL Assets & Holdings. Earlier in 2010, Ascent had co-invested (with Argonaut and IDFC) into the energy arm of the GMR Group. Venture Intelligence spoke to Raja Kumar, Founder & CEO of Ascent Capital , about the latest investments and other developments at the Bangalore-headquartered firm. Venture Intelligence: Can you tell us how the IVRCL Assets investment came about and what attracted you to the company? Raja Kumar: Our internal research flagged water and road infrastructure assets as an attractive area to invest in during the fund life of our current fund. With the streamlining of regulations and good visibility of the upcoming road pipeline, the road segment is poised to grow. Water infrastructure is another promising area given the demographics of India. We dug deeper into these sectors and identified players whom we belie...