comparemela.com

Latest Breaking News On - மோர்கன் ஸ்டான்லி ப்ரைவேட் பங்கு ஆசியா - Page 1 : comparemela.com

China Digest: Dianxiaomi, VSPN in funding news

PE/VC firms investments increase by 85% to $11 9 bn during Q1FY21

Private Equity/Venture Capital firms invested over $11.9 billion (across 188 deals) in the first 3 months of 2021, representing an increase of about 85% compared to the corresponding period in 2020, According to Venture Intelligence data, January to March 2020, the last pre-pandemic quarter, recorded PE-VC investments of $6.5 billion across 238 deals. The value of investments in Q1FY21 was also over 58% higher compared to the immediate previous quarter (which saw $7.5 billion being invested across 231 deals). Deal volumes in the period, however, dipped 21% compared to Q1FY20 and down 19% compared to the previous quarter, the Venture Intelligence data showed. Venture Intelligence said that the appetite for investing in high scale technology startups gathered further momentum in the first quarter of 2021, led by the over $400 million rounds of investments attracted by three unicorns: food delivery focused Zomato, edtech leader Byjus Classes, and e-sports company Dream11.

Magma HDI general insurance raises Rs 525 cr from various investors

ICICI Venture, Morgan Stanley Private Equity Asia, Cyza Chem Pvt Ltd, a Poonawalla group company, and two other family offices are putting in Rs 525 crore in Magma HDI General Insurance, a joint venture between Magma Fincorp Limited and HDI Global SE, Germany. Of the Rs 525 crore, the fresh capital infusion will be to the tune of Rs 250 crore in the company, which will provide growth capital to meet the needs of expanding distribution capabilities of the company. The existing Magma group entities have done a secondary sale, which is to the tune of Rs 275 crore. The amount will allow the promoter Magma Fincorp and its group companies to comply with the Reserve Bank of India’s guidelines for ownership of a stake in insurance companies.

Magma HDI General Insurance approves capital raise of up to ₹250 crore via preferential issue

Magma HDI General Insurance approves capital raise of up to ₹250 crore via preferential issue
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

ICICI Venture, Morgan Stanley PE invest Rs 525 cr in Magma HDI

ICICI Venture, Morgan Stanley PE invest Rs 525 cr in Magma HDI
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.