Capacit'e Infra sets record for IPO oversubscription; With $470 mn in pocket, Goldman Sachs nears big exit from Max Group; Sequoia's multi-bagger from Prataap Snacks; SMC sets the ball rolling for US listing

[] SATURDAY, 16 September, 2017 [NewsCorp VCCircle]( [twitter]( [linkedin]( [facebook]( [you tube]( [VCCircle Premium]( [Sign Up Today]( people [Meet the highest paid executives in India]( Professionals caught up with promoters of India's top companies in drawing heavy pay packets last fiscal, with the elite club of 10 highest-paid... PRIVATE EQUITY [With nearly $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max]( [How Adani Group's NBFC is fishing for real estate deals]( [Brookfield acquires two road projects in $300 mn deal]( [IL&FS tunes strategy for $550 mn stressed asset JV with Lone Star]( [Private equity fund-of-funds Asia Alternatives raises $1.8 bn]( [Logistics firm Ecom Express gets $30 mn top-up from Warburg Pincus]( [Exclusive: IL&FS PE exits Indore residential project at a loss]( [Tracing Greater Pacific's exit from decade-old bet in India]( [Exclusive: Firm behind Ching's Secret brand hits the road for fresh PE funding]( [Peek at WestBridge Capital's returns from latest portfolio exit]( [Family offices look to boost investments in emerging market equities]( [Exclusive: Temasek bets on another Indian healthcare company]( [Exclusive: L&T Finance backs Gurgaon developer with debt funding]( [Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi]( [IFC aims to raise $1 bn within a year as part of $5 bn infra fund]( [Sovereign wealth funds step up investments in emerging markets]( venture capital [Sequoia to strike multi-bagger partial exit via Prataap Snacks IPO]( [Jang Capital backs insurance chatbot AskArvi]( [Eye care gets highest investor money among single-specialty peers: VCCedge report]( [SoftBank founder's brother Taizo Son launches agri-food tech accelerator in India]( [Former Exfinity Venture principal Abishek Surendran joins Pi Ventures as partner]( [PremjiInvest leads Series E round in US artificial intelligence unicorn Apttus]( [Ed-tech startup XPrep raises angel funding from Dutch VC firm]( [Comic Studio TBS Planet raises angel fundingF]( [Bike rental startup Wheelstreet gets $120K from Y Combinator]( [Yuvraj Singh-backed Creator's Gurukul raises funds]( [Kae Capital's second VC fund crosses target, raises $53 mn]( [IT services firm UST Global invests in digital healthcare platform MyDoc]( [Online lending startup Rubique in talks to raise $20 mn in Series B round]( [Budget hotel marketplace OYO raises $10 mn from China Lodging Group]( [Reseller platform GlowRoad raises Series A funds from Accel Partners]( [Exam prep startup Unacademy raises $11.5 mn from Sequoia, SAIF, others]( [Chennai Angels, others back IoT startup Hetrogenous Communications]( [Shriram Transport Finance picks up 17% stake in logistics startup Freight Tiger]( [Exclusive: Aavishkaar injects more money into agri supply chain firm Ergos]( [Impact funds invest $1 bn in India second year in a row: McKinsey report]( [Credit Suisse-owned NEXT backs people analytics firm Sapience; IAN exits]( [Viral content platform WittyFeed secures pre-Series A funding from angels]( [Get My Parking raises Series A round from IAN Fund, existing investors]( [Sequoia India leads Series B round in Southeast Asian fashion firm Zilingo]( [Exclusive: Tendulkar, Sindhu & Gopichand to back health-tech startup CallHealth]( [Packaged foods startup Sattviko raises pre-Series A funding]( [Healthcare services aggregator 3Hcare.in raises angel round]( [Alibaba, Paytm investment in BigBasket almost a done deal]( m&a [Cyient sells 49% stake in JV to partner Pratt & Whitney]( [Govt invites bids to hire bankers for Air India sale]( [Blackstone-backed SH Kelkar to acquire VN Creative Chemicals]( [Tata Chemicals in talks to sell phosphatic fertiliser biz to Indorama]( [Zomato acquires Runnr to boost food delivery biz]( [Govt clears plan to hive off BSNL's telecom tower assets]( [IndusInd Bank inks deal to explore buying microlender Bharat Financial]( [Legal-tech firm Legasis acquires research and advisory startup EthicsIndia]( [Carlyle-backed Cyient to acquire US aerospace firm B&F Design]( [Thyssenkrupp may ink initial pact with Tata Steel on European steel merger]( Markets [Exclusive: PE-backed watch component maker KDDL looking to demerge retail arm]( [Exclusive: Sanlam-backed stock brokerage SMC sets the ball rolling for US listing]( [Exclusive: Srei Equipment Finance hires merchant banks for IPO]( [PE-backed Capacit'e Infra IPO sees record demand; oversubscribed 182 times]( [Kuwait, Abu Dhabi sovereign funds among anchor investors in ICICI Lombard IPO]( [Indian Bank, Union Bank hire bankers to raise money from capital markets]( [BharatMatrimony's IPO subscribed 4.4 times on final day]( [Exclusive: CreditAccess-backed microlender Grameen Koota readying for IPO]( [GIC-backed Bandhan Bank hires merchant bankers for IPO]( [SBI Life Insurance to float $1.3 bn IPO next week]( [SBI Life, Temasek-backed Godrej Agrovet get SEBI nod for IPO]( [WestBridge-backed mobile game developer Nazara readying IPO at $500 mn valuation]( opinion [Govt must tweak IT Act, make data protection law after top court's privacy ruling]( [Why investors should be wary of pricing guidelines]( q&a [Digital payments not a one-player-takes-all game: PhonePe co-founder Rahul Chari]( [PE-backed firms exploring dual exit track: Rothschild's Amitabh Malhotra]( Analysis [Indian PE-VC funds add $1 bn more to dry powder pile]( [Company watch: Sapphire Foods' hunger for more makes it a hot pick]( People [Centrum's Ajay Jain joins investment banking firm]( [Luthra & Luthra elevates 11 lawyers as partners]( [IndusLaw hires M Arun Kumar of Krishnamurthy & Co as partner]( FROM VCCSTARTUPS [Here's what pushed Naukri owner Info Edge's valuation above $2 bn]( [Zoomcar enters into fleet financing deal with Ford India's NBFC arm]( [Festive fireworks to light up e-tailing sky as Amazon, Flipkart unlock war chest]( [Lodha Group, Zone Startups India launch accelerator programme]( [Tesla likely to unveil electric semi-truck next month]( [Google set to launch digital payment service in India]( [Exclusive: Flush with funds, Flipkart sets aside $1.25 bn for buyouts, investments]( [RBI 'not comfortable' with bitcoin, evaluating cryptocurrencies]( [Facebook to introduce tougher eligibility criteria for advertisers]( [WhatsApp co-founder Brian Acton to leave company]( [China crackdown on initial coin offerings causes cryptocurrency chaos]( [Apple rolls out $999 iPhone X amid flurry of launches]( [Do smaller cab aggregators have a shot against Ola-Uber duopoly?]( [Is ShopClues torn between an IPO and a merger?]( [This startup lets urbanites play FarmVille on real agricultural land]( [NetApp selects six Indian startups for first accelerator batch]( VCC TV [91Springboard's Pranay Gupta on expansion plans, competition and more]( [Why is capital inflow into PE/VC funds rising but new investment slowing?]( [Zoomcar plans international drive]( [ShopClues looks for growth clues as e-commerce battle intensifies]( [Alibaba-Paytm gearing up to take on Amazon in e-grocery]( [VC-backed Core Diagnostics' Zoya Brar on acquisition plan, expansion and more]( others [Tata Group may shutter telecom unit; German Dry Docks eyes Bharati Defence]( [India's current account deficit widens to four-year high in April-June]( [Bitcoin falls further as Chinese exchange announces halt in trading]( [Google parent Alphabet in talks to invest in Uber rival Lyft](