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Warburg buys majority stake in ophthalmic device company Appasamy

Warburg Pincus buys majority stake in Chennai s Appasamy Associates, a top Indian ophthalmic equipment and IOLs manufacturer. Appasamy CEO will continue to lead biz with support from promoter family

PE/VC investments down 23 pc in H1 to USD 27 5 billion: Report

Private equity and venture capital (PE/VC) funds investments into Indian entities declined by nearly a fourth to USD 27.5 billion in January-June 2023 against the year-ago period, a report said on Thursday. However, in value terms, investments were up 33 per cent against July-December 2022, the report by industry lobby Indian Venture and Alternate Capital Association (IVCA) and consultancy firm EY said.

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