Nalanda, Mandala Capital make exit moves; Morgan Stanley PE weighs new deal

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNi9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA2LTE3Lmh0bWw=/66703ed1251525baa3899c1b-20240617) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66703ed1251525baa3899c1b-20240617) Monday, 17 Jun 2024 =/2/aHR0cHM6Ly9scHN1bW1pdC52Y2NldmVudHMuY29tL2R1YmFpLw==/66703ed1251525baa3899c1b-20240617 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hbGFuZGFjYXBpdGFsLXJlYXBzLWRyZWFtLXJldHVybnMtYXMtaXQtY2hhcnRzLW92ZXItNTAwLW1uLWV4aXQ=/66703ed1251525baa3899c1b-20240617 Private Equity [Nalanda Capital reaps dream returns as it charts over $500-mn exit](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hbGFuZGFjYXBpdGFsLXJlYXBzLWRyZWFtLXJldHVybnMtYXMtaXQtY2hhcnRzLW92ZXItNTAwLW1uLWV4aXQ=/66703ed1251525baa3899c1b-20240617) Nalanda Capital, a private equity-style investment firm started by former Warburg Pincus executive Pulak Prasad, has hit the sell button on a ...... [Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hbGFuZGFjYXBpdGFsLXJlYXBzLWRyZWFtLXJldHVybnMtYXMtaXQtY2hhcnRzLW92ZXItNTAwLW1uLWV4aXQ=/66703ed1251525baa3899c1b-20240617) --------------------------------------------------------------- Private Equity [Mandala Capital hoping to be second time lucky with an exit move](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hbmRhbGFjYXBpdGFsLWhvcGluZy10by1iZS1zZWNvbmQtdGltZS1sdWNreS13aXRoLWFuLWV4aXQtbW92ZQ==/66703ed1251525baa3899c1b-20240617) Mandala Capital, an Indian subcontinent-focused private equity firm that invests in agribusinesses and food-related consumer sectors, has set the ball...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21hbmRhbGFjYXBpdGFsLWhvcGluZy10by1iZS1zZWNvbmQtdGltZS1sdWNreS13aXRoLWFuLWV4aXQtbW92ZQ==/66703ed1251525baa3899c1b-20240617) --------------------------------------------------------------- Private Equity [Morgan Stanley PE emerges frontrunner to bet on urology chain](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21vcmdhbnN0YW5sZXktcGUtZW1lcmdlcy1mcm9udHJ1bm5lci10by1iZXQtb24tdXJvbG9neS1jaGFpbg==/66703ed1251525baa3899c1b-20240617) Morgan Stanley Private Equity Asia has emerged as one of the frontrunners to invest in an Indian healthcare company that operates a chain of urology ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL21vcmdhbnN0YW5sZXktcGUtZW1lcmdlcy1mcm9udHJ1bm5lci10by1iZXQtb24tdXJvbG9neS1jaGFpbg==/66703ed1251525baa3899c1b-20240617) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcmhzYmMtZXhlY3MtbGF1bmNoLW1haWRlbi12ZW50dXJlLWRlYnQtZnVuZA==/66703ed1251525baa3899c1b-20240617 Credit [Former HSBC execs' VentureSoul Capital floats maiden venture debt fund](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcmhzYmMtZXhlY3MtbGF1bmNoLW1haWRlbi12ZW50dXJlLWRlYnQtZnVuZA==/66703ed1251525baa3899c1b-20240617) VentureSoul Capital, a venture debt firm floated by former executives of multinational bank HSBC, Monday said it has launched its maiden fund as it ...... 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[Read more](=/16/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NlYXJjaGxpZ2h0cG9zdC1wYW5kZW1pYy1oYW5nb3Zlci13ZWFrZW5zLW1yay1oZWFsdGhjYXJlLXMtZmluYW5jaWFscw==/66703ed1251525baa3899c1b-20240617) --------------------------------------------------------------- =/17/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3dpbGxzaW1wbGlsZWFybi1iZS1hYmxlLXRvLW1vdmUtdG8tb3BlcmF0aW9uYWwtcHJvZml0YWJpbGl0eS1ieS10aGlzLWZpc2NhbC0=/66703ed1251525baa3899c1b-20240617 Startups [Blackstone-controlled Simplilearn aims at operational profitability this year](=/18/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3dpbGxzaW1wbGlsZWFybi1iZS1hYmxlLXRvLW1vdmUtdG8tb3BlcmF0aW9uYWwtcHJvZml0YWJpbGl0eS1ieS10aGlzLWZpc2NhbC0=/66703ed1251525baa3899c1b-20240617) Blackstone-owned edtech startup Simplilearn is looking at double-digit revenue growth in the current financial year, with a focus on operational ...... 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