ChrysCap makes more public market bets; Mandala Capital makes exit move; Vastu Housing taps another investor

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wOC9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA4LTE2Lmh0bWw=/66bf5b7cb62e5881b981084d-20240816) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66bf5b7cb62e5881b981084d-20240816) Friday, 16 Aug 2024 =/2/aHR0cHM6Ly9scHN1bW1pdC52Y2NldmVudHMuY29tL2R1YmFpLw==/66bf5b7cb62e5881b981084d-20240816 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL211bHRpcGxlc3BlLWJhY2tlZC12YXN0dS1ob3VzaW5nLWFkZGluZy1hbm90aGVyLWludmVzdG9yLXRvLWNhcC10YWJsZQ==/66bf5b7cb62e5881b981084d-20240816 Venture Capital [Multiples PE-backed Vastu Housing adding another investor to cap table](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL211bHRpcGxlc3BlLWJhY2tlZC12YXN0dS1ob3VzaW5nLWFkZGluZy1hbm90aGVyLWludmVzdG9yLXRvLWNhcC10YWJsZQ==/66bf5b7cb62e5881b981084d-20240816) Vastu Housing Finance Corp Ltd, the mortgage lender that counts a bunch of private equity and venture capital firms as its shareholders, is bringing ...... 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[Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NocnlzY2FwaXRhbHMtcHVibGljLW1hcmtldC1mdW5kLWFkZHMtbmV3LW5hbWVzLXRvLXBvcnRmb2xpbw==/66bf5b7cb62e5881b981084d-20240816) --------------------------------------------------------------- Private Equity [PE firm Mandala Capital makes second exit move of 2024](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlZmlybS1tYW5kYWxhLWNhcGl0YWwtbWFrZXMtc2Vjb25kLWV4aXQtbW92ZS1vZi0yMDI0/66bf5b7cb62e5881b981084d-20240816) Mandala Capital, an Indian subcontinent-focused private equity firm that is drawing up plans to raise its third fund, has stitched a deal to exit a ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlZmlybS1tYW5kYWxhLWNhcGl0YWwtbWFrZXMtc2Vjb25kLWV4aXQtbW92ZS1vZi0yMDI0/66bf5b7cb62e5881b981084d-20240816) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyaWh1bWhvdXNpbmctcy1tYW5pc2gtamFpc3dhbC1vbi1jaGFuZ2VzLXVuZGVyLXBlLW93bmVyc2hpcC1ncm93dGgtYW5kLW1vcmU=/66bf5b7cb62e5881b981084d-20240816 Interview [Grihum Housing's Manish Jaiswal on changes under PE ownership, growth and more](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyaWh1bWhvdXNpbmctcy1tYW5pc2gtamFpc3dhbC1vbi1jaGFuZ2VzLXVuZGVyLXBlLW93bmVyc2hpcC1ncm93dGgtYW5kLW1vcmU=/66bf5b7cb62e5881b981084d-20240816) A year ago, private equity major TPG acquired the erstwhile Poonawalla Housing Finance for a pre-money equity valuation of Rs 3,900 crore (around $464...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyaWh1bWhvdXNpbmctcy1tYW5pc2gtamFpc3dhbC1vbi1jaGFuZ2VzLXVuZGVyLXBlLW93bmVyc2hpcC1ncm93dGgtYW5kLW1vcmU=/66bf5b7cb62e5881b981084d-20240816) --------------------------------------------------------------- Private Equity [Warburg Pincus picks up majority stake in furniture company Ebco](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3dhcmJ1cmdwaW5jdXMtcGlja3MtdXAtbWFqb3JpdHktc3Rha2UtaW4tZnVybml0dXJlLWNvbXBhbnktZWJjbw==/66bf5b7cb62e5881b981084d-20240816) Warburg Pincus, the private equity firm that underwent a leadership change last month with Jeffrey Perlman appointed its new chief executive officer...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3dhcmJ1cmdwaW5jdXMtcGlja3MtdXAtbWFqb3JpdHktc3Rha2UtaW4tZnVybml0dXJlLWNvbXBhbnktZWJjbw==/66bf5b7cb62e5881b981084d-20240816) --------------------------------------------------------------- Infrastructure [Bottomline: CPPIB-backed Powergrid InvIT in robust health as profit jumps](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVjcHBpYi1iYWNrZWQtcG93ZXJncmlkLWludml0LWluLXJvYnVzdC1oZWFsdGgtYXMtcHJvZml0LWp1bXBz/66bf5b7cb62e5881b981084d-20240816) Had you bought units of Powergrid Infrastructure Investment Trust (Powergrid InvIT) when it began trading on the stock exchanges back in May 2021, and...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVjcHBpYi1iYWNrZWQtcG93ZXJncmlkLWludml0LWluLXJvYnVzdC1oZWFsdGgtYXMtcHJvZml0LWp1bXBz/66bf5b7cb62e5881b981084d-20240816) --------------------------------------------------------------- Private Equity [Deals Digest: Funding momentum slows but Warburg Pincus, OYO close key deals](=/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RlYWxzZGlnZXN0LWZ1bmRpbmctbW9tZW50dW0tc2xvd3MtYnV0LXdhcmJ1cmctcGluY3VzLW95by1jbG9zZS1rZXktZGVhbHM=/66bf5b7cb62e5881b981084d-20240816) The amount of capital raised by Indian companies from private equity and venture capital investors slipped this week, despite a couple of significant ...... 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