How Avendus' diversification play panned out; OIJIF, Madison in exit moves; Q&A with IIFL's Nipun Goel

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[Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Nwb3RsaWdodHNsb3dkb3duLWluLWRlYWxzLXNocmlua2luZy1sb2FuLWJvb2staGl0cy1hdmVuZHVzLWFzLWktYmFua2luZy1yZW1haW5zLWJhY2tib25l/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- Private Equity [Oman India PE fund looks to beat benchmark returns with latest exit move](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL29tYW5pbmRpYS1wZS1mdW5kLWxvb2tzLXRvLWJlYXQtYmVuY2htYXJrLXJldHVybnMtd2l0aC1sYXRlc3QtZXhpdC1tb3Zl/666c420c251525baa392ee97-20240614) Oman India Joint Investment Fund (OIJIF), a mid-market private equity firm that saw three of its portfolio companies go public over the last one ...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL29tYW5pbmRpYS1wZS1mdW5kLWxvb2tzLXRvLWJlYXQtYmVuY2htYXJrLXJldHVybnMtd2l0aC1sYXRlc3QtZXhpdC1tb3Zl/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- Private Equity [Madison beats benchmark return on another exit as it courts LPs for new fund](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hZGlzb25iZWF0cy1iZW5jaG1hcmstcmV0dXJuLW9uLWFub3RoZXItZXhpdC1hcy1pdC1jb3VydHMtbHBzLWZvci1uZXctZnVuZA==/666c420c251525baa392ee97-20240614) Private equity firm Madison India Capital, which floated a new fund in 2023 about six years after it closed its fourth investment vehicle, has ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hZGlzb25iZWF0cy1iZW5jaG1hcmstcmV0dXJuLW9uLWFub3RoZXItZXhpdC1hcy1pdC1jb3VydHMtbHBzLWZvci1uZXctZnVuZA==/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3ByaXZhdGVtYXJrZXQtdmFsdWF0aW9ucy1tYXktcmlzZS1vbi1yb2J1c3QtcHVibGljLW1hcmtldHMtaWlmbC1zZWN1cml0aWVzLW5pcHVuLWdvZWw=/666c420c251525baa392ee97-20240614 Investment Banking [Private market valuations may rise on robust public markets: IIFL Securities’ Nipun Goel](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3ByaXZhdGVtYXJrZXQtdmFsdWF0aW9ucy1tYXktcmlzZS1vbi1yb2J1c3QtcHVibGljLW1hcmtldHMtaWlmbC1zZWN1cml0aWVzLW5pcHVuLWdvZWw=/666c420c251525baa392ee97-20240614) Indian stock markets saw about 75 listings in 2023-24 and the juggernaut will keep rolling this fiscal year, too, feels Nipun Goel, president and head...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3ByaXZhdGVtYXJrZXQtdmFsdWF0aW9ucy1tYXktcmlzZS1vbi1yb2J1c3QtcHVibGljLW1hcmtldHMtaWlmbC1zZWN1cml0aWVzLW5pcHVuLWdvZWw=/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- Analysis [How VC-backed Vilcart plans to become the ITC and HUL of rural areas](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2hvd3ZjLWJhY2tlZC12aWxjYXJ0LXBsYW5zLXRvLWJlY29tZS10aGUtaXRjLWFuZC1odWwtb2YtcnVyYWwtYXJlYXM=/666c420c251525baa392ee97-20240614) Vilcart Solutions Pvt. Ltd plans to ramp up its private label vertical and tie up with more contract manufacturers, as it looks to nearly double its ...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2hvd3ZjLWJhY2tlZC12aWxjYXJ0LXBsYW5zLXRvLWJlY29tZS10aGUtaXRjLWFuZC1odWwtb2YtcnVyYWwtYXJlYXM=/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- M&A [Deals Digest: Momentum falls marginally this week; M&A volume also lacklustre](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RlYWxzZGlnZXN0LW1vbWVudHVtLWZhbGxzLW1hcmdpbmFsbHktdGhpcy13ZWVrLW0tYS12b2x1bWUtYWxzby1sYWNrbHVzdHJl/666c420c251525baa392ee97-20240614) Private Equity (PE) and venture capital (VC) dealmaking activity this week saw a slight dip in terms of value, while volume nearly doubled on a week-...... [Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2RlYWxzZGlnZXN0LW1vbWVudHVtLWZhbGxzLW1hcmdpbmFsbHktdGhpcy13ZWVrLW0tYS12b2x1bWUtYWxzby1sYWNrbHVzdHJl/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- Markets [Vodafone Group looking to sell stake in Indus Towers](=/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3ZvZGFmb25lZ3JvdXAtbG9va2luZy10by1zZWxsLXN0YWtlLWluLWluZHVzLXRvd2Vycw==/666c420c251525baa392ee97-20240614) Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources ...... [Read more](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3ZvZGFmb25lZ3JvdXAtbG9va2luZy10by1zZWxsLXN0YWtlLWluLWluZHVzLXRvd2Vycw==/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- Markets [Hyundai may sell up to 17.5% stake in India unit via IPO](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2h5dW5kYWltb3Rvci1pbmRpYS1zLXNvdXRoLWtvcmVhbi1wYXJlbnQtbWF5LXNlbGwtc3Rha2UtdmlhLWlwbw==/666c420c251525baa392ee97-20240614) South Korea's Hyundai Motor is looking to sell a stake of up to 17.5% in the planned initial public offering of its India unit to raise up to $3 ...... [Read more](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2h5dW5kYWltb3Rvci1pbmRpYS1zLXNvdXRoLWtvcmVhbi1wYXJlbnQtbWF5LXNlbGwtc3Rha2UtdmlhLWlwbw==/666c420c251525baa392ee97-20240614) --------------------------------------------------------------- General [Grapevine: LIC eyes health insurers; Ola Electric secures Rs 100-crore debt](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZWxpYy1leWVzLWhlYWx0aC1pbnN1cmVycy1vbGEtZWxlY3RyaWMtc2VjdXJlcy1ycy0xMDAtY3JvcmUtZGVidA==/666c420c251525baa392ee97-20240614) Life Insurance Corporation of India (LIC), with assets of over Rs 51 trillion ($0.61 trllion) and a 61.5% market share in life insurance, plans to ...... 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