The Venture Intelligence Blog

From the Press Release: Pragati India Fund today announced its maiden investment in Indore-based Jash Engineering Limited, a leader in the manufacture of customized engineering goods for water and waste water infrastructure sector. Jash Engineering is a leading manufacturer of customized equipment across the value chain in the water and waste water management industries. Founded in 1972, the company has market leading positions in its product categories of gates, screens, valves and is now expanding into manufacturing of process equipment for treatment plants, Archimedean screw pumps and generation of clean power from residual water of water treatment plants using Hydropower screw generator technology. Jash’s products are widely used across India’s largest municipalities which are increasingly focused on the urgent requirement to augment water and waste water treatment capacities. In the corporate sector, Jash’s products are used for liquid and bulk solid waste handling in cement, pap...

The Venture Intelligence APEX Awards event is a unique gathering of top executives in the Indian Deal ecosystem including from Limited Partners, PE/VC firms, Investment Banks, Consultants, Corporate Law firms, HR firms etc. The event features a High Power PE/VC industry panel that reflects on the recent trends and the challenges that lie ahead from a dealmaker's perspective.This year's LP-GP Panel, chaired by A V Seshadrinathan, Managing Director of Basiz Fund Services , was titled "Can PE become PSPD?" and focused on how Indian PE managers can build their firms for sustainable success. (L-R) Sesh A.V. of Basiz Fund Services, Vishal Tulsyan of Motilal Oswal Private Equity, Paresh Thakker of Religare, Anand RP of Squadron Capital, Avnish Bajaj of Matrix Partners India More about the topic: Infosys became the darling of investors with Narayana Murthy’s famous Predictability-Sustainability-Profitability-De-risking (PSPD) ...

Hyderabad-based green energy firm Shalivahana Green Energy Ltd. has raised Rs. 90 crore ($18 million) from Axis Private Equity and IL&FS Financial Services. Shalivahana is a renewable energy firm focused on biomass and small hydro power projects. While Axis PE has invested Rs. 54 crore ($11 million), IL&FS has invested Rs. 36 crore. The deal marks Axis PE’s fifth investment, taking its total investments to Rs. 374 crore. The firm's previous investments have been spread across sectors like water supply and sanitation, laying oil and gas pipelines, railway EPC and hospitality. “This investment further reaffirms Axis PE’s commitment to invest in infrastructure related companies in high growth segments such as renewable energy.” says Mr. Alok Gupta, MD & CEO, Axis PE. "Over 60% of India’s generation capacity is from thermal sources whereas renewable energy sources (excluding hydro projects above 25 MW) account for a mere 9%. As per Ministry of New and Renewable Energ...