June 2012
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PE investors bet big on Indian FMCG companies

The consumer story in India makes fast moving consumer goods (FMCG) space an attractive destination for private equity and venture capital investors. Compared to the typical $20-50 million deals that took place in the past few years, 2012 witnessed one of the largest PE deals in FMCG space with the Singapore Government owned Temasek Holdings buying a five per cent stake in Godrej Consumer Products Ltd (GCPL) for Rs 685 crore ($135 million). Following Temasek’s investment, the FMCG sector witnessed […]

Reliance Cap gets Sebi, Singapore approval for AMC stake sale

Reliance Capital today said it has got approval from the Indian market regulator Sebi and the Monetary Authority of Singapore (MAS) for Rs 1,450-crore stake sale in its mutual fund business unit to Japan’s Nippon Life. Anil Ambani-led Reliance Group’s financial services arm Reliance Capital (RCAP is selling 26% stake in Reliance Capital Asset Management Co (RCAM), which runs India’s most profitable mutual fund, to the Japanese firm. In a statement issued today, Reliance Cap said that it has received […]

Kaizen Management invests Rs 20 cr in a pre-school company

Kaizen Management Advisors Private Limited, an education focussed Private Equity fund has invested Rs 20 crore in Your Kids ‘R’ Our Kids (India) Private Limited (YKROK). YKROK is a pre-school providing child care services also. It has more than 1,500 kids across 15 self-managed centers across India. These centers are in partnership with 50 corporates. All the centers are either near corporate campuses or on campuses of corporate sponsored child care programs. “Corporates are increasingly using day care services as […]