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Ola gets a mark-up; GIC makes BFSI bet; InvAscent eyes new deal

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Trouble viewing this email? Tuesday, 30 Jul 2024 /2/aHR0cHM6Ly9scHN1bW1pdC52Y2NldmVudHMuY29tL2R1YmFp

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[Read more](/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhYmhhaWxpbmctZmlybS1vbGEtZ2V0cy1hLW1hcmstdXAtYXMtaXBvLWJvdW5kLW9sYS1lbGVjdHJpYy1zbGFzaGVzLWV4cGVjdGVkLXZhbHVhdGlvbg==/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Private Equity [InvAscent joins race to buy stake in PE-backed hospital chain](/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ludmFzY2VudGpvaW5zLXJhY2UtdG8tYnV5LXN0YWtlLWluLXBlLWJhY2tlZC1ob3NwaXRhbC1jaGFpbg==/66a8f8ffb62e5881b9471174-20240730) Healthcare-focused private equity firm InvAscent, which has already struck three bets this year, is among a clutch of institutional investors that are...... [Read more](/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ludmFzY2VudGpvaW5zLXJhY2UtdG8tYnV5LXN0YWtlLWluLXBlLWJhY2tlZC1ob3NwaXRhbC1jaGFpbg==/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Analysis [Bottomline: How CPPIB, OMERS and CDPQ-backed Indian roads InvITs fared in FY24](/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVob3ctY3BwaWItb21lcnMtYW5kLWNkcHEtYmFja2VkLWluZGlhbi1yb2Fkcy1pbnZpdHMtZmFyZWQtaW4tZnkyNA==/66a8f8ffb62e5881b9471174-20240730) India’s highway sector has attracted many foreign investors over the past few years thanks to growing government expenditure on infrastructure as ...... [Read more](/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVob3ctY3BwaWItb21lcnMtYW5kLWNkcHEtYmFja2VkLWluZGlhbi1yb2Fkcy1pbnZpdHMtZmFyZWQtaW4tZnkyNA==/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- /10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NpbmdhcG9yZXNvdmVyZWlnbi1mdW5kLWdpYy1iZXRzLTcwLW1uLW9uLXBlLWJhY2tlZC1pbmRpYW4tbGVuZGVy/66a8f8ffb62e5881b9471174-20240730 Private Equity [Singapore sovereign fund GIC bets $70 mn on PE-backed Indian lender](/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NpbmdhcG9yZXNvdmVyZWlnbi1mdW5kLWdpYy1iZXRzLTcwLW1uLW9uLXBlLWJhY2tlZC1pbmRpYW4tbGVuZGVy/66a8f8ffb62e5881b9471174-20240730) GIC, the sovereign wealth fund of Singapore that has been among the most active in its peer group in India with assets worth over $30 billion in the ...... [Read more](/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NpbmdhcG9yZXNvdmVyZWlnbi1mdW5kLWdpYy1iZXRzLTcwLW1uLW9uLXBlLWJhY2tlZC1pbmRpYW4tbGVuZGVy/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Credit [Family offices getting into private credit for predictable returns: Panelists at VCCircle Summit](/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZhbWlseW9mZmljZXMtZ2V0dGluZy1pbnRvLXByaXZhdGUtY3JlZGl0LWZvci1wcmVkaWN0YWJsZS1yZXR1cm5zLXBhbmVsaXN0cy1hdC12Y2NpcmNsZS1zdW1taXQ=/66a8f8ffb62e5881b9471174-20240730) Healthy cash flows and profitability are two of the key metrics used for evaluating firms when extending private credit, as these provide a safety net...... [Read more](/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZhbWlseW9mZmljZXMtZ2V0dGluZy1pbnRvLXByaXZhdGUtY3JlZGl0LWZvci1wcmVkaWN0YWJsZS1yZXR1cm5zLXBhbmVsaXN0cy1hdC12Y2NpcmNsZS1zdW1taXQ=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Family offices [REITs score over real estate but can’t match emotional value: Panelists at VCCircle summit](/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3JlaXRzc2NvcmUtb3Zlci1yZWFsLWVzdGF0ZS1idXQtY2FuLXQtbWF0Y2gtZW1vdGlvbmFsLXZhbHVlLXBhbmVsaXN0cy1hdC12Y2NpcmNsZS1zdW1taXQ=/66a8f8ffb62e5881b9471174-20240730) Real estate properties will always retain their sheen because of the ‘touch and feel’ value, but real estate investment trusts (REITs) are giving ...... [Read more](/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3JlaXRzc2NvcmUtb3Zlci1yZWFsLWVzdGF0ZS1idXQtY2FuLXQtbWF0Y2gtZW1vdGlvbmFsLXZhbHVlLXBhbmVsaXN0cy1hdC12Y2NpcmNsZS1zdW1taXQ=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- /17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL29taWR5YXJzLWV4aXQtd29uLXQtaW1wYWN0LWZsb3VyaXNoLXMtaW5kaWEtcGxhbnMtdGlsbWFuLWVocmJlY2s=/66a8f8ffb62e5881b9471174-20240730 Venture Capital [Omidyar’s exit won’t impact Flourish’s India plans: Tilman Ehrbeck](/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL29taWR5YXJzLWV4aXQtd29uLXQtaW1wYWN0LWZsb3VyaXNoLXMtaW5kaWEtcGxhbnMtdGlsbWFuLWVocmJlY2s=/66a8f8ffb62e5881b9471174-20240730) The exit of Pierre Omidyar-led impact investment firm Omidyar Network will have no impact on operations of fintech-focussed investor Flourish Ventures...... [Read more](/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL29taWR5YXJzLWV4aXQtd29uLXQtaW1wYWN0LWZsb3VyaXNoLXMtaW5kaWEtcGxhbnMtdGlsbWFuLWVocmJlY2s=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- People [CAM gets IndusLaw's Lahoty, others in one of the biggest team hires by a law firm](/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbWdldHMtaW5kdXNsYXctcy1sYWhvdHktb3RoZXJzLWluLW9uZS1vZi10aGUtYmlnZ2VzdC10ZWFtLWhpcmVzLWJ5LWEtbGF3LWZpcm0=/66a8f8ffb62e5881b9471174-20240730) Full-service law firm Cyril Amarchand Mangaldas (CAM) is bringing on board Manan Lahoty from IndusLaw, along with his team of eight partners and more ...... [Read more](/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbWdldHMtaW5kdXNsYXctcy1sYWhvdHktb3RoZXJzLWluLW9uZS1vZi10aGUtYmlnZ2VzdC10ZWFtLWhpcmVzLWJ5LWEtbGF3LWZpcm0=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Venture Capital [Micro VC firm Gemba Capital floats second fund](/22/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21pY3JvdmMtZmlybS1nZW1iYS1jYXBpdGFsLWZsb2F0cy1zZWNvbmQtZnVuZA==/66a8f8ffb62e5881b9471174-20240730) Micro venture capital firm Gemba Capital, which is an investor in companies such as Alltius, Volt Money, Docube, Kredmint, and Navdhan Capital, among ...... [Read more](/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21pY3JvdmMtZmlybS1nZW1iYS1jYXBpdGFsLWZsb2F0cy1zZWNvbmQtZnVuZA==/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Venture Capital [Two generative AI firms, two others secure early-stage funding](/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3R3b2dlbmVyYXRpdmUtYWktZmlybXMtdHdvLW90aGVycy1zZWN1cmUtZWFybHktc3RhZ2UtZnVuZGluZw==/66a8f8ffb62e5881b9471174-20240730) Generative AI companies Gnani.ai and Vitra.ai, wedding services startup Meragi, and ElectricPe, secured early-stage funds, the companies announced on ...... [Read more](/25/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3R3b2dlbmVyYXRpdmUtYWktZmlybXMtdHdvLW90aGVycy1zZWN1cmUtZWFybHktc3RhZ2UtZnVuZGluZw==/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Others [Byju's close to settling payments dispute with Indian cricket board](/26/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2J5anVzLWNsb3NlLXRvLXNldHRsaW5nLXBheW1lbnRzLWRpc3B1dGUtd2l0aC1pbmRpYW4tY3JpY2tldC1ib2FyZA==/66a8f8ffb62e5881b9471174-20240730) Education technology company Byju's is close to settling a $19 million payments dispute with the Indian cricket board, which could free the ...... [Read more](/27/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2J5anVzLWNsb3NlLXRvLXNldHRsaW5nLXBheW1lbnRzLWRpc3B1dGUtd2l0aC1pbmRpYW4tY3JpY2tldC1ib2FyZA==/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Markets [SEBI proposes measures to curb derivatives trading](/28/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NlYmlwcm9wb3Nlcy1tZWFzdXJlcy10by1jdXJiLWRlcml2YXRpdmVzLXRyYWRpbmc=/66a8f8ffb62e5881b9471174-20240730) India's markets regulator on Tuesday proposed a series of near-term measures to prevent speculative trading in index derivatives, including ...... [Read more](/29/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NlYmlwcm9wb3Nlcy1tZWFzdXJlcy10by1jdXJiLWRlcml2YXRpdmVzLXRyYWRpbmc=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Others [Grapevine: Blackstone ups Haldiram's offer; Fortum to sell Indian energy assets](/30/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZWZvcnR1bS10by1zZWxsLWluZGlhbi1lbmVyZ3ktYXNzZXRzLW0ycC1maW50ZWNoLXNlZWtzLWZyZXNoLWZ1bmRpbmc=/66a8f8ffb62e5881b9471174-20240730) Blackstone Inc has increased its offer for a 51% stake in fast-food chain Haldiram's to approximately Rs 40,000 crore ($4.78 billion), a media ...... [Read more](/31/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZWZvcnR1bS10by1zZWxsLWluZGlhbi1lbmVyZ3ktYXNzZXRzLW0ycC1maW50ZWNoLXNlZWtzLWZyZXNoLWZ1bmRpbmc=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- /32/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLyNuZXdzbGV0dGVy/66a8f8ffb62e5881b9471174-20240730 [VCCircle](/33/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66a8f8ffb62e5881b9471174-20240730) [Privacy Policy](/34/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Rlcm1zLW9mLXVzZSNwcml2YWN5LXBvbGljeQ==/66a8f8ffb62e5881b9471174-20240730) | [Contact us](/35/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NvbnRhY3QtdXM=/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Download the VCCircle app and read premium stories [alt_text](/36/aHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS52Y2NpcmNsZSZobD1lbl9VUw==/66a8f8ffb62e5881b9471174-20240730) [alt_text](/37/aHR0cHM6Ly9pdHVuZXMuYXBwbGUuY29tL2luL2FwcC92Y2NpcmNsZS9pZDc0MDM2MjcwOD9tdD04/66a8f8ffb62e5881b9471174-20240730) --------------------------------------------------------------- Newsletters sent by newsletter@vccircle.co & Powered by Copyright © HT Digital Streams. 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