Aditya Birla Capital Advisors
Vintage update: India 2011-2013
A selection of India-based assets that remain in the portfolios of Accel Partners, Aditya Birla Private Equity, BanyanTree Finance Private, Faering Capital, and Helion Venture Partners
Deal focus: Värde wants a piece of India’s $200b problem
Värde is tackling what it sees as a massive opportunity set in the Indian distress market by partnering up with local investor Aditya Birla Capital
Aditya Birla, Värde launch India distressed asset JV
Aditya Birla Capital (ABCL), the financial services arm of the Aditya Birla Group, and Värde Partners will launch a joint venture to pursue investments in stressed and distressed assets in India.
Premji Invest commits $109m to India's Aditya Birla Capital
Premji Invest, the family office of Wipro chairman Azim Premji, has invested INR7 billion ($109 million) in Aditya Birla Capital (ABCL), the financial services arm of the Aditya Birla Group.
PE-backed IEX files for India IPO
Online energy trading platform India Energy Exchange (IEX) has filed for an IPO, providing a partial exit for several private equity backers.
FTIL cancels IEX sale, agrees new terms
Financial Technologies India (FTIL) has agreed to sell a 16.6% stake in India Energy Exchange (IEX) to a consortium of investors for INR3.57 billion, cancelling an earlier arrangement to sell its entire stake in a deal led by TVS Capital Funds.
PE-backed Manpasand Beverages files for India IPO
Manpasand Beverages, the PE-backed drinks maker behind Mango Sip, is looking to raise as much as INR4 billion (INR64.6 million) through an India IPO.
Matrix makes partial exit form India's Tree House
Matrix India has exited a portion of its holding in school management firm Tree House Education and Accessories, selling 4.84% stake in the company to local conglomerate Bajaj Holdings & Investment for INR504 million ($8.4 million).
PE firms eye exit as Trimax IT Infrastructure files for IPO
India’s Trimax IT Infrastructure plans to go public, facilitating a partial exit for PE backers Aditya Birla Private Equity (ABPE), Zephyr Peacock India and BanyanTree Growth Capital.
India's education sector: Learning curve
There is no shortage of demand for services or investment opportunity in India’s education sector, but negotiating overcrowding and heavy regulation requires a clear strategy
Aditya Birla-backed Tree House to acquire Brainworks
Pre-school management company Tree House Education, backed by Aditya Birla Capital Advisors, is to acquire 100% of Brainworks Learning Systems, a national chain of pre-schools. Brainworks is part of Better Value Brands.
Aditya Birla-backed V-Mart raises $2.6m from anchor investors
Aditya Birla-backed V Mart Retail, a budget Indian retailer, has raised INR141 million ($2.6 million) from anchor investors, after finalizing the allocation of 674,000 shares at INRR210 apiece.
PE investors commit $54m to Ratnakar Bank – report
Aditya Birla, Norwest Venture Partners and Faering Capital have bought a INR3 billion ($54 million) stake in Ratnakar Bank ahead of the company's IPO, which is planned for next year.
Aditya Birla makes partial exit from CARE Rating
Aditya Birla Private Equity has sold a 1.2% stake in Credit Analysis & Research (CARE), a newly listed Indian credit rating company, for INR310 million ($5.7 million). The firm originally owned 4.27% of the company.
Aditya Birla PE invests $10m in Olive Bar & Kitchen
Aditya Birla Private Equity has invested $10 million in Olive Bar & Kitchen, a Mumbai-based hospitality firm that runs a chain of fine-dining restaurants across India.
Baring, Aditya Birla circle Anu Solar Power stake - report
Baring Private Equity Partners and Aditya Birla Private Equity are reportedly vying for a 20% stake in Anu Solar Power, in a deal that could value the Indian renewable energy player at INR5 billion ($89.6 million).
India’s NSE considers stock exchange listing
General Atlantic-backed National Stock Exchange of India (NSE) is considering a listing on the public markets, but first need to consider the impact of upcoming rules.
Aditya Birla injects $19m into Alphion India
Aditya Birla Capital Advisors Private (ABCAP), the private equity arm of the eponymous financial group, has given Alphion India an INR95 million ($19 million) cash injection.
Advantage, Bain, Olympus in second-round bidding for Yayoi
Advantage Partners, Bain Capital and Olympus Capital have reportedly advanced into the second round of bidding for MBK Partners-owned Japanese accounting software developer Yayoi, which is expected to be one of the biggest sales in the market this year.
Aditya Birla nears second fund close
The PE division of Indian financial services group Aditya Birla Group, Aditya Birla Capital Advisors, has reached a first close on its second private equity vehicle, Sunrise Fund, at INR2.2 billion ($48 million).