The IPO Game
“We saw these IPOs get subscribed 100-200x. People were not even looking at the business models; they were investing on the back of euphoria. They were outliers in terms of the amount of liquidity available, but if you fast forward to today and ask me if some of these tech companies would be able to […]
CSR Initiative by Avener Capital
Avener Capital, has constructed a check dam at Vartha Pada Shensari Village in Palghar, Maharashtra. Built in collaboration with Diganta Swaraj Foundation, the 15m long and 3m tall check dam with its storage capacity of 10,000 cubic metres will transform lives of over 200 families and almost 2000 people living in the vicinity by supplying […]
Outlook on the start-up ecosystem
“Start-up promoters shall be able to demonstrate viability, scalability and return prospect convincingly to the investors who have of late become cautious while writing cheques”
Buyback of shares
“The pace of buybacks continuing in H2 would be largely dependent on the market. My sense is that you may see a deeper correction and Nifty might fall down to around 15,500 or even 15,000. So, if there is a further correction, certain companies will continue to correct further and management will continue to announce […]
Zomato’s acquisition of Blinkit
Zomato’s acquisition of Blinkit for Rs.4,447 crore in an all-stock deal marked its entry into the emerging sector of “quick-commerce”. This deal shall provide cross-selling opportunities to Blinkit by gaining access to the 15mn active monthly users of Zomato and vice-versa. Further, the merger might yield synergies in terms of better utilisation of Zomato’s hyperlocal […]
Sustainability and Growth lie in Capital Diversity
With equity investors tightening their purses, start-ups looking for growth capital should explore a diversified pool of resources consisting of an optimal mix of investments from venture debt companies, family offices, HNIs, and revenue-based financing companies. The best part of such a broad-based approach can help founders raise funds that complement their business model as […]
Ganga Expressway Project
“Infrastructure giant IRB Infrastructure Developers Limited achieves financial closure for its stretch of the Ganga Expressway – one of the largest greenfield BOT projects in India. The project cost stands at INR 6,538 crores with a debt quantum of INR 2,659 crores, equity commitment of INR 2,133 crores and the balance to be funded by […]
RBI Monetary Policy
“With CPI forecasts at 6.7% from 5.7%, RBIs rate hike of 50bps came in line with market expectations and was taken into account by the market in the previous trading sessions. In an attempt to curb inflation, the expectations of this rate hike had been factored in the form of increase in bond yields, which […]
Brookfield invests in Jindal Poly Films
“The packaging industry has been clocking exponential growth in India on account of the booming e-commerce and logistics landscape. With this deal, Brookfield is looking to tap into this opportunity by partnering with an established business house in this sector”
US Federal Reserve Rate Hike
“The rate hike by Fed was on expected lines due to high inflation risk, coupled with geopolitical tensions. The US treasury yields had shown an immediate spike after the FOMC announcement but stabilized thereafter. The current rate hike along with anticipated monetary tightening indicates the Fed’s stance of controlling the high inflation prevalent in the […]