The Venture Intelligence Blog

PARTNER EVENT: “In Investment, understanding is more important than information”. Private Equity Forum to be held on 26th and 27th April, 2012, in Four Seasons Hotel, Mumbai (Please Save the Date) the event is being organized by Legal Media Group, India. About the Conference Private Equity Forum- where the Dialogue Matters 26th and 27th April, 2012, Mumbai On the theme " Staying Resilient through Change " The Indian market, with its strong growth rate, offers unique Private Equity (PE) opportunities. However, the current economic climate makes it essential for investors to take into consideration oscillating factors such as rupee-dollar fluctuations, the political climate and government regulations, all of which lead to economic volatility. Keeping this in mind, the upcoming LegalEra Private Equity Forum will focus on the resilience of the Indian economy against the backdrop of a changing economic scenario. Among other aspects, discussions will focus on the role of Priv...

Business Today has an article on the trend. A recent report by PricewaterhouseCoopers, or PwC, and the Federation of Indian Chambers of Commerce and Industry pegged the size of the salon business at Rs 7,000 crore. Rashmi Upadhya, Managing Consultant, PwC, says the industry could double in size in three years. " ...Besides Indian chains, global ones, such as Toni&Guy and Saks, are making their presence felt. JCB Salons' Manwani says the Indian salon industry is changing rapidly. "Earlier, salons took 12 months to break even. Now it's four months." Each of JCB's five salons makes an average of $1 million (Rs 5.3 crore) a year. While demand is no problem, what could stand in the way of salon chains' expansion is the lack of skilled stylists. To get around it, they have their own academies, whose graduates start with salaries of Rs 10,000 to Rs 20,000 a month, plus commissions and tips. Venture Intelligence is the leading provider of data and analysis o...

Manish Sabharwal, founder of education and staffing services firm Teamlease (who earlier founded and sold India Life) articulates in an article in Mint, how he went about choosing his latest set of PE/VC Investors. Sabharwal and Reddy decided to raise Rs. 100 crore to start with. But since both labour and education are highly regulated, Sabharwal was cautious about finding the right financier. “We wanted a domestic investor because they understand India. We didn’t want a tourist investor from the US who would give us a high valuation but freak out every time an article appeared in the newspaper,” he says. Sabharwal spoke to 5-10 investors. “I did my due diligence, about the personalities in the investing firm, talked to people at their investee companies, and other companies that they had dealings with. I tried to get a match of how long we think it’s going to take and how long they are going to give us.” Venture Intelligence is the leading provider of data and analysis on private eq...

ET NOW’s Super Angels, a special series on the ‘Starting Up’ show which provides a platform for start-ups to make pitches to Angel Investors, concluded its grand finale on the 24th of March at the Convention Centre, Bombay Stock Exchange. The series spread over 6 months and 20 start-ups pitching to investors culminated in a grand finale with 5 start-ups pitching face-to-face to investors in front of 200 member strong audience. The finale witnessed as many as 3 start-ups out of the 5 finalists raise funding for their respective firms. The 5 finalist start-ups that took to the stage included Live Inbox, Unbxd, Exotel, DroidCloud and Staffoncontract.com. They in turn made their pitches to, India’s most renowned Super Angels including Mahesh Murthy of Seedfund, Vishal Gondal of Indiagames, Sanjay Parthasarathy of Indix, Karthik Reddy of Blume Ventures and Vijay Shekhar Sharma of the One97 Mobility Fund. The first of the 5 start-ups to raise capital and clearly the one, most hotly conteste...

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) ...

From the Press Release: Mumbai-based DBM Geotechnics and Constructions Pvt. Ltd. ("DBM") today announced that it has received Rs.100 crores as an equity investment from NYLIM Jacob Ballas India Fund III, LLC (“NYLIM-JB Fund”), a Mauritius based Private Equity investor, for a significant minority stake. DBM is a market leader in geotechnical services and is also engaged in EPC services, mainly in the areas of foundation engineering and marine infrastructure construction. Commenting on the deal Mr. D B Mahajan, Chairman and Managing Director of DBM said: “We are delighted to induct NYLIM-Jacob Ballas as a partner and with this DBM has achieved one more growth milestone. We believe NYLIM-JB's understanding of the Indian infrastructure sector and global best practices will help DBM to expand business to new heights and create value for all stakeholders. The customers have expressed their faith and trust in our services till date and we remain committed to maintain consistent ...

Warburg Pincus, Gaja Capital and Inventus Capital were adjudged the leading Private Equity, Growth Capital and Early Stage investors in India for 2011 at the latest Venture Intelligence APEX Awards. Among corporate law firms, AZB & Partners topped the Venture Intelligence League Tables as the Most Active Legal Advisors (for both Private Equity and M&A transactions) in 2011, while Ernst & Young topped the League Tables as the Most Active Transaction Advisor (PE and M&A) for the year. The awards were given away as part of Venture Intelligence APEX‘12, the annual conclave of the Indian Private Equity & Venture Capital industry, by Mr. Harsh Mariwala, Chairman of Marico Ltd and Mr.M.Damodaran, Former Chairman of SEBI. Fund accounting KPO firm Basiz was the co-host for the APEX’12 Awards function. Receiving the “Best Early Stage Investor-2011” Award, Kanwal Rekhi, Managing Director, Inventus said, “This award is especially welcome as it comes at a time when the early sta...