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March 30, 2012

Private Equity Forum - April 26 &27, 2012, Mumbai

PARTNER EVENT:

“In Investment, understanding is more important than information”.

Private Equity Forum to be held on 26th and 27th April, 2012, in Four Seasons Hotel, Mumbai (Please Save the Date) the event is being organized by Legal Media Group, India.

About the Conference

Private Equity Forum- where the Dialogue Matters
26th and 27th April, 2012, Mumbai

On the theme "Staying Resilient through Change"

The Indian market, with its strong growth rate, offers unique Private Equity (PE) opportunities. However, the current economic climate makes it essential for investors to take into consideration oscillating factors such as rupee-dollar fluctuations, the political climate and government regulations, all of which lead to economic volatility.

Keeping this in mind, the upcoming LegalEra Private Equity Forum will focus on the resilience of the Indian economy against the backdrop of a changing economic scenario. Among other aspects, discussions will focus on the role of Private Equity with respect to the high level of IPOs, acquisition and restructuring activities, as well as on the how the growing interests in managing shareholder value and optimal capital structure have refocused attention on Corporate Financing as the world returns to this financial model.

The forum is addressed to an audience looking to discuss and analyse the compelling investment opportunities available in the world’s largest democracy, specifically LPs, GPs, CEOs, and executive and top level management professionals from main stakeholders groups such as restructuring funds, investment banks, turnaround funds, private equity funds, corporations, consulting companies and law firms. Participants can look forward to lively debates and interactions in the form of one-on-one meetings, speed networking, workshops, panel discussions, strategic topical sessions, case studies and virtual conferences.

Some Eminent Speakers at the LegalEra Private Equity Forum 2012:

Deepak N. Lalwani OBE, Director-India, LALCAP (UK)
Satya Bansal, CEO, Barclays Wealth
Richa Karpe, Altamount Capital
Ram Kumar, Neterwala Group
H Jayesh, Founder Partner, Juris Corp
Roopchand Betala, Director,Volvie Capital Management
Akalpit Gupte, Director Compliance, Deutsche Bank
Mahesh Chhabria, Partner, Actis
Rajesh Dalal, Venture Partner, OrbiMed Advisors India Private Limited
Abhinav Sinha, Managing Director, Fidelity
Sanjeet Malik, Milbank
B. Gopalakrishnan, Head Legal, Axis Bank
Anubhav Kapoor, General Counsel and Company Secretary, Tata Technologies
Jasmeet Wadehra, Managing Director, FedEx Express
Bharat Vasani,Chief Legal & Group General Counsel, Tata Sons
Rahul Bhasin, Managing Partner, Baring Private Equity Partners India
Rajeev Uberoi, GENERAL COUNSEL,GROUP HEAD-LEGAL & COMPLIANCE, IDFC

And many more...

This is an opportunity to interact with the best names in the business, who will teach participants how investment regulations and look outs can help them gain leverage in a regulated market. The conference will witness the presence of eminent corporate delegates including the Aditya Birla Group, Infosys, Larsen & Toubro, Reliance and the Tata Group. Participants will be able to interact with high profile speakers including a high powered government delegation.

Please check the link for Agenda and do visit www.leprivateequity.com

For Registration kindly contact:
Jovita - +919769861092 / 022 42064206
Yusuf - +919819196833 / 022 42064206

March 29, 2012

Unisex salons to keep growing

Business Today has an article on the trend.

A recent report by PricewaterhouseCoopers, or PwC, and the Federation of Indian Chambers of Commerce and Industry pegged the size of the salon business at Rs 7,000 crore. Rashmi Upadhya, Managing Consultant, PwC, says the industry could double in size in three years. "



...Besides Indian chains, global ones, such as Toni&Guy and Saks, are making their presence felt. JCB Salons' Manwani says the Indian salon industry is changing rapidly. "Earlier, salons took 12 months to break even. Now it's four months." Each of JCB's five salons makes an average of $1 million (Rs 5.3 crore) a year. While demand is no problem, what could stand in the way of salon chains' expansion is the lack of skilled stylists. To get around it, they have their own academies, whose graduates start with salaries of Rs 10,000 to Rs 20,000 a month, plus commissions and tips.


Venture Intelligence is the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports.

Diligencing Investors - The Manish Sabharwal way

Manish Sabharwal, founder of education and staffing services firm Teamlease (who earlier founded and sold India Life) articulates in an article in Mint, how he went about choosing his latest set of PE/VC Investors.
Sabharwal and Reddy decided to raise Rs. 100 crore to start with. But since both labour and education are highly regulated, Sabharwal was cautious about finding the right financier. “We wanted a domestic investor because they understand India. We didn’t want a tourist investor from the US who would give us a high valuation but freak out every time an article appeared in the newspaper,” he says.

Sabharwal spoke to 5-10 investors. “I did my due diligence, about the personalities in the investing firm, talked to people at their investee companies, and other companies that they had dealings with. I tried to get a match of how long we think it’s going to take and how long they are going to give us.”

Venture Intelligence is the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports.

March 27, 2012

ET Now's 'Super Angels' Grand Finale witnesses a Funding Bonanza for Start ups

ET NOW’s Super Angels, a special series on the ‘Starting Up’ show which provides a platform for start-ups to make pitches to Angel Investors, concluded its grand finale on the 24th of March at the Convention Centre, Bombay Stock Exchange.

The series spread over 6 months and 20 start-ups pitching to investors culminated in a grand finale with 5 start-ups pitching face-to-face to investors in front of 200 member strong audience. The finale witnessed as many as 3 start-ups out of the 5 finalists raise funding for their respective firms.

The 5 finalist start-ups that took to the stage included Live Inbox, Unbxd, Exotel, DroidCloud and Staffoncontract.com. They in turn made their pitches to, India’s most renowned Super Angels including Mahesh Murthy of Seedfund, Vishal Gondal of Indiagames, Sanjay Parthasarathy of Indix, Karthik Reddy of Blume Ventures and Vijay Shekhar Sharma of the One97 Mobility Fund.

The first of the 5 start-ups to raise capital and clearly the one, most hotly contested for by all the Super Angels was Exotel- a start-up which offers a PBX service on the cloud targeted at Small & Medium Enterprises. After a round of rampant bidding, Karthik Reddy of Blume Ventures finally sealed the deal investing Rs.2.5 Cr in the start-up for a 25% stake in the company.


Shivakumar Ganesan, the founder of Exotel thanked ET NOW for the Super Angels Initiative and remarked, “Not many startups are fortunate enough to get an opportunity to showcase themselves in such a forum. We recommend both the show and the Angel investor to other startups.”

Speaking on the occasion, Avinash Kaul, Chief Executive Officer, ET NOW & zoom said “ ET NOW is happy to be part of the start-up ecosystem by helping some of the most promising entities realize their entrepreneurial dreams. We have been overwhelmed by the superb success & response to Super Angels and look forward to a bigger scale in the next season”


Apart from Exotel, The other 2 start-ups that raised capital on the show were Droid Cloud and Staffoncontract.com. Pune based Droid Cloud raised Rs.50 lakhs, on the show, from entrepreneur and founder of One97, Vijay Shekhar Sharma while contract staffing platform staffoncontract.com raised Rs.50 lakhs from founder of Indiagames, Vishal Gondal.

Watch the grand finale of ‘Super Angels’ on 7th April @ 5pm and 8th April at 6 pm. Only on ET NOW.

Here's the Youtube Video of the episode