The Venture Intelligence Blog

Private Equity-Venture Capital (PE-VC) funds invested $6 Billion (across 139 deals) in India-based companies during the quarter ended  September 2023 (Q3'23),  shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations . This represents a 15% decline compared to the same period in 2022 (which saw $7 Billion being invested across 327 deals) .  The investment amount also dipped 49% compared to the immediate previous quarter (which saw $11.7 Billion being invested across 202 deals).                                                                                            ...

Edited extracts from the press release: Moser Baer to raise $100 million in its wholly owned photovoltaic subsidiary • $100 million to be raised from a consortium led by IDFC Private Equity, consisting of GIC Special Investments, IDFC & CDC Group plc. • Proceeds to partially fund Moser Baer’s overall plans to expand photovoltaic (PV) capacity to 500MW by 2010 • A structured transaction to position the PV subsidiary for a potential IPO on an international exchange. New Delhi-based Moser Baer, India's largest and the world’s second largest optical storage media manufacturer announced today that it has received the approval of its Board of Directors to raise $100 million (Rs. 400 crores) in its wholly owned photovoltaic subsidiary. The investment will be made by a consortium of investors led by IDFC Private Equity, a private equity fund focused on the infrastructure space in India; together with GIC Special Investments, a private equity arm the Singapore's foreign reserves; C...