India Value Fund Advisors
India's IVFA backs ISS Hicare buyout
India Value Fund Advisors (IVFA) has partnered with Hicare founder A. Mahendran to acquire the pest control company from Danish multinational ISS Global. The deal, including primary growth capital, is worth INR2.5 billion ($39.7 million) and is expected...
Toshiba partners with IVFA-owned UEM Group
After expanding its water supply and treatment business into markets such as China and Indonesia, Toshiba Corporation went looking for a strategic partner in India. It zeroed in on UEM Group, one of the top three domestic players in the sector. UEM needed...
IVFA to exit UEM India as Toshiba buys 26% stake - report
Japanese electronics giant Toshiba Corp. is looking acquire a 26% stake in Indian water treatment specialist UEM Group from existing shareholders, including private equity investor India Value Fund Advisors (IVFA).
India Value Fund Advisors invests $24m in Trivitron Healthcare
Trivitron Healthcare has received INR1.5 billion ($24.5 million) from India Value Fund Advisors (IVFA) for a minority stake in the medical technology company.
India Value Fund invests $40m in spice firm VKL
India Value Fund Advisors (IVFA) has committed $40 million to Vallabhdas Kanji Limited (VKL), a seasonings and spices producer, based on expectations of growth in the quick service restaurants segment (QSR) and processed foods industry.
Portfolio: India Value Fund Advisors and Meru Cabs
When India Value Fund Advisors launched Meru Cabs in Mumbai, it created a radio taxi service where none existed. Meru has overcome numerous difficulties to become the largest taxi company of its kind in India
India Value Fund-backed Manipal invests in Ankur Healthcare
India Value Fund-backed Manipal Health Enterprises has committed INR400 million ($7.27 million) to Ankur Healthcare, which specializes in infertility treatment.
Canary in the coal mine: GP economics under stress
Still dealing with the fallout from a fundraising boom, mid-market PE firms in Asia face the prospect of smaller vehicles in coming vintages, and team volatility comes as part of the package
India Value Fund reduces fund size by 15%
India Value Fund Advisors (IVFA) has trimmed its fund size by 15%, returning $100 million of the approximately $700 million corpus to LPs in response to changes in the investment environment. Management fees charged on that $100 million since inception...
A question of discipline
Should managers be frowned upon for cutting fund sizes and returning capital to investors? No – provided the decision is strategically justified.
India Value Advisors to invest $179m in Manipal Hospitals
India Value Advisors (IVFA) will commit about INR10 billion ($179 million) to Manipal Hospitals over a three-year period, enabling the healthcare provider to more than double its hospital bed capacity. Part of this increase will come through acquisitions.
Anubha Shrivastava leaves CDC
Anubha Shrivastava has left CDC, the UK government's development finance arm, where she served as managing director with responsibility for Asia investments.
Narula to sell Lilliput, allowing Bain and TPG to exit
Lilliput, the kidswear brand that has been embroiled in bitter fight with shareholders Bain Capital and TPG Capital, plans to sell off its brands and retail business.
FGPI gives $41m cash boost to Aptuit Laurus
Fidelity Growth Partners India (FGPI), the India-focused the private equity arm of Fidelity Worldwide Investment, has invested INR2 billion ($40.6 million) in pharma company Aptuit Laurus.
Olympus invests $100m in DM Healthcare, India Value Fund exits
Olympus Capital Asia Investments has invested more than INR5 billion ($100 million) for a minority stake in DM Healthcare, in a deal which enabled existing investor India Value Fund to exit the company.
Olympus, India Value Fund back DM Healthcare
Olympus Capital Holdings is considering purchasing a minority stake in Indian hospital owner DM Healthcare for INR600 billion ($125 million).
IL&FS exits auto services JV to Orix Corp
Infrastructure Leasing and Financial Services (IL&FS) has exited its 50% stake in Orix Auto Infrastructure Services to Japanese conglomerate Orix Corporation, its partner in the joint venture, DealCurry reported.
Indiareit Fund invests in luxury residential project in Mumbai
Indiareit Fund Advisors, a private equity real estate fund backed by Indian entrepreneur Ajay Piramal, has reportedly invested INR2 billion ($43.8 million) in a luxury residential project in Mumbai, which has been developed by Omkar Realtors and Developers.
Nippon, Reliance Life deal awaits approval - reports
One week after Japanese insurance giant Nippon Life announced its intention to take a 26% stake in India’s Reliance Life Insurance, news surfaced that the deal may be stalled as regulators have yet to bless the transaction.
ICICI Venture may offload stake in I-Ven Medicare
ICICI Venture is reportedly set to exit a large portion of its healthcare arm I-Ven Medicare India Pvt. Ltd. – which is further a component of its India Advantage Fund Series 2 - and is said to be in talks with Mumbai-based PE firm India Value Fund...