The Venture Intelligence Blog

After focusing substantially on exits in 2010 (when it successfully exited its investments in Mahindra Finance and ABG Shipyard), StanChart PE has announced four new investments in the first half of 2011 (in GMR Airports, Bush Foods, Privi Organics and Innoventive Industries). Three of its other portfolio companies – Endurance Technologies, Powerica and Intergloble Technology - are on the IPO path. Venture Intelligence spoke to Nainesh Jaisingh, Managing Director of Standard Chartered Private Equity, who heads the bank’s proprietary PE investments team in India on the firm’s recent moves and his views on the current PE investing landscape in India. This interview first appeared in the latest issue of the Venture Intelligence India Private Equity Roundup Report . Venture Intelligence: In 2010, StanChart PE announced only one investment - the syndicated $217-M round in Coffee Day Resorts – but, this year, you have already announced four new ones. What’s changed in your outlook? Nainesh ...

Venture Intelligence spoke to Mohan Kumar, Executive Director, Norwest Venture Partners India, on the firm’s recent investments in the VC segment. Kumar, who had earlier worked for over 18 years at companies like Motorola and Texas Instruments, has led NVP's recent investments into medical devices firm Perfint Healthcare, tablet PC-based education services firm iProf and China-headquartered Smartphones maker Borqs. This interview first appeared in the latest issue of the Venture Intelligence India Venture Capital Report . Venture Intelligence: In recent months, we’ve noticed that Norwest is once again active in the VC segment with investments into companies like iProf, Komli, Quikr and Perfint. What is driving this? Mohan Kumar: NVP’s DNA has always been venture type deals. About 2 years back we had added two segments - financial services and infrastructure - where we started doing late stage deal with large size cheques. In Technology, E-Commerce, Med tech, Healthcare and Educati...

Venture Intelligence recently spoke to Vishakha Mulye, Managing Director & CEO of ICICI Venture Funds, on the firm’s recent investments and strategy going ahead. This interview first appeared in the latest issue of the Venture Intelligence India Private Equity Roundup Report . Venture Intelligence: In 2011, you have announced two significant-sized investments – in restaurants chain Devyani International and vocational education firm TeamLease Services. Can you tell us about them? Vishakha Mulye: Both were proprietary deals. Devyani (which runs KFC, Pizza Hut and Costa Coffee chains in various parts of India) was the outcome of existing relationships and our liking for the Quick Service Restaurant (QSR) space. As India’s GDP continues to grow, our belief is that the QSR kind of businesses - which I term as a New Generation businesses - will also witness a tremendous growth. In other countries, these kinds of businesses have shown 30-40% growth over a long period of time and our bel...