TPG plots another exit; IT firm QBurst draws PE interest

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNy9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA3LTE3Lmh0bWw=/6697d543b62e5881b90cf740-20240717) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/6697d543b62e5881b90cf740-20240717) Wednesday, 17 Jul 2024 =/2/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbnRwZy1iZWF0LWV4aXQtYmVuY2htYXJrLWFzLWlwby1ib3VuZC1wb3J0Zm9saW8tZmlybS10YXJnZXRzLXJpY2gtdmFsdWF0aW9u/6697d543b62e5881b90cf740-20240717 Private Equity [Can TPG beat exit benchmark as IPO-bound portfolio firm targets rich valuation?](=/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbnRwZy1iZWF0LWV4aXQtYmVuY2htYXJrLWFzLWlwby1ib3VuZC1wb3J0Zm9saW8tZmlybS10YXJnZXRzLXJpY2gtdmFsdWF0aW9u/6697d543b62e5881b90cf740-20240717) Private equity firm TPG has set the ball rolling to monetize its investment in another Indian company, as it extends its spree of harvests from its ...... [Read more](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbnRwZy1iZWF0LWV4aXQtYmVuY2htYXJrLWFzLWlwby1ib3VuZC1wb3J0Zm9saW8tZmlybS10YXJnZXRzLXJpY2gtdmFsdWF0aW9u/6697d543b62e5881b90cf740-20240717) --------------------------------------------------------------- Private Equity [Large PE firms in fray to bet on Kerala IT services firm QBurst](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2xhcmdlcGUtZmlybXMtaW4tZnJheS10by1iZXQtb24ta2VyYWxhLWl0LXNlcnZpY2VzLWZpcm0tcWJ1cnN0/6697d543b62e5881b90cf740-20240717) A number of bulge-bracket private equity firms are in the fray to invest in Kerala-based software services provider QBurst Technologies Pvt Ltd, two ...... 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[Read more](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dlcm1hbnlzLW5lbWV0c2NoZWstZ3JvdXAtdG8tZmxvYXQtaW5kaWEtZm9jdXNlZC12Yy1mdW5k/6697d543b62e5881b90cf740-20240717) --------------------------------------------------------------- =/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVtcG9ra2V0LWhhcy1nb3QtZmlndXJlcy10by1mbGF1bnQtYnV0LXdpdGgtc2xpZ2h0LXVwdGljay1pbi1iYWQtbG9hbnM=/6697d543b62e5881b90cf740-20240717 Startups [Bottomline: mPokket has got figures to flaunt, but with slight uptick in bad loans](=/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVtcG9ra2V0LWhhcy1nb3QtZmlndXJlcy10by1mbGF1bnQtYnV0LXdpdGgtc2xpZ2h0LXVwdGljay1pbi1iYWQtbG9hbnM=/6697d543b62e5881b90cf740-20240717) Kolkata-based microlending app mPokket had seen its profit halve in the financial year ended March 2023, despite doubling of income. The fintech ...... [Read more](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVtcG9ra2V0LWhhcy1nb3QtZmlndXJlcy10by1mbGF1bnQtYnV0LXdpdGgtc2xpZ2h0LXVwdGljay1pbi1iYWQtbG9hbnM=/6697d543b62e5881b90cf740-20240717) --------------------------------------------------------------- Venture Capital [Dharana Capital bets $50 mn on Urban Company](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RoYXJhbmFjYXBpdGFsLWJldHMtNTAtbW4tb24tdXJiYW4tY29tcGFueQ==/6697d543b62e5881b90cf740-20240717) India-focused investment firm Dharana Capital, which has domestic-backed companies such as NoBroker, Zomato, Zopper, Lentra and Itilite, has invested ...... 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