[ad_1] Indian manufacturing and logistics firm Zetwerk Pvt has picked banks for a potential Mumbai initial public offering that could raise at least $500 million, according to people familiar with the matter. Company Value Change %Change The Bengaluru-based company has selected Axis Capital Ltd., Goldman Sachs Group Inc, Jefferies Financial Group Inc, JM Financial Ltd, […]
Peak XV Partners resizes vintage fund by 16% due to rich valuations – CNBC TV18
[ad_1] Peak XV Partners has announced a strategic decision to resize their 2022 vintage growth funds by 16% due to the elevated valuations in the Indian public markets. In a post on X (formerly Twitter), the firm said: “In the context of a richly priced public market in India, we are investing in a measured […]
VCs happy with returns as early backers offload 10% stake in Honasa Consumer: Varun Alagh – CNBC TV18
[ad_1] Varun Alagh, the founder of Honasa Consumer, told CNBC-TV18 in an exclusive chat that all their investors are very happy with the returns they have generated after shares worth ₹1,763 crore changed hands in the block deal on Thursday. “After you go public, it’s great because you have unlocked value for your investors,” added […]