Avendus related stories
All articles and analysis
TA Associates invests $140 mln in India women's apparel maker TCNSTA Associates has acquired a minority stake in TCNS Clothing for $140 million. Avendus Capital provided financial advice to TCNS Clothing on the transaction. Based in New Delhi, India, TCNS is a maker of women's apparel.
- KKR buys India’s Max Financial Services
The firm looks to benefit from ‘robust growth’ in India’s financial services sector.
- KKR acquires majority stake in Avendus
The firm’s acquisition of Avendus Capital, which owns Avendus PE Investment Advisors, will help scale up the merchant bank and fund its credit solutions business.
- KKR invests in Avendus
KKR is investing in Avendus Capital. Financial terms weren’t announced. Mumbai-based Avendus is an investment firm.
- Carlyle invests in Metropolis Healthcare
The Carlyle Group said Wednesday that it has bought a stake in Metropolis Healthcare Ltd. Dr. GSK Velu and his affiliates are the sellers. Financial terms were not announced. Metropolis Healthcare is a chain of pathology laboratories with locations in India, Sri Lanka, United Arab Emirates, South Africa, Kenya, Mauritius and Ghana.
- Goldman Sachs and Zodius leads $56 mln round for Antuit
Singapore-based Antuit Holdings Pte Ltd, a big data solutions provider, has raised $56 million in funding. Goldman Sachs and Zodius Capital led the round. In addition to the funding, Ankur Sahu and Vishal Bakshi, both of whom are managing directors at Goldman Sachs, have been added to Antuit's board of directors.
- Everstone signs first-ever IT deal
The India-focused firm will pay $66m for a majority stake in software firm Servion
- PE-backed Symphony Teleca Corp agrees to acquire Aditi Technologies
Symphony Teleca Corp, a portfolio company of Symphony Technology Group, has agreed to buy Aditi Technologies. No financial terms were disclosed. Avendus Capital advised Aditi on the transaction. Headquartered in Mountain View, Calif., Symphony Teleca Corp. is a provider of software product development, big data integration and analytics solutions.
- IDG Ventures India and Ascent Capital back Newgen Software
Newgen Software said Monday that it has received funding from IDG Ventures India and Ascent Capital. No financial terms were disclosed. Avendus Capital served as financial advisor. According to Newgen Software, the capital infusion will be used for market expansion and product development. Based in New Delhi, India, Newgen Software is a provider of business process management, enterprise content management and customer communication management solutions.
- Indian GPs turn to alternative strategies(2)
As LPs become disillusioned with typical growth capital investment strategies in India, firms are exploring alternative strategies such as PIPE deals and distressed investing.