PE Roundup Report published by CP-Artha Financial Advisory Private Ltd

1. PE Round Up Report
CP-Artha Financial Advisory Pvt Ltd. 11/5/2012 Edition: 41
Seed Stage Investments Dominate the Pie Chart:
DLF sells land to Lodha
Report
DLF has informed the exchange that
sale of land parcel to Lodha Group
Venture capitalists did the most in their business during the third
for R2,727 Cr through its subsidiaries
quarter of the year. Since the dot com boom, this phase has been the
DLF Cyber City Developers, DLF
most active with venture capital deals flowing in abundance. A recent
Universal and Jawala Real Estate
report released by Insights claims that $7.5 billion worth – 835
venture capital investments were made in the recent quarter The acquisition is for a consideration
of R1,200 Cr for both equity and
Though the seed investment sector has procured all of it, the total
debentures of the company. In
investment deal has drastically dropped down from $8.1 billion in the
addition, Lodha will also pay R1,500
previous quarter and $7.9 billion in the third quarter of 2011 to $7.5
Cr of liabilities that Jawala has
billion
incurred for the development since
it purchased the property from NTC
The report also mentions that if the fourth quarter of the year does
in 2005 for R703 Cr
not touch the $9.2 billion mark, 2012 would be a down year in terms
of attracting and procuring venture capital investment. About 31 Jawala Real Estates has ceased to be
percent of all venture capital deals were towards seed funding and it a subsidiary of the company. The
continues to account for a greater share of all venture capital deals transaction is in line with the
Company’s objective of divesting its
The seed funding figures has had a magical rise over the last non-strategic assets
consecutive quarters from 14 percent to 19 percent to 22 percent to
31 percent. Mobile technology hit five quarter highs for both, dollars This is the second high-value land
invested and number of deals. It is recorded that 42 percent of all deal by Lodha's in the recent times.
mobile technology deals were seed investments In 2010, the company had bought a
25,000-square metre plot at Wadala
in Mumbai for R 4,050 Cr

2. Sequoia Cap acquires stake in Suburban Diagnostics
Sequoia Capital invested R40 Cr for 30% stake in Suburban Diagnostics Anand buys stake in Mando
Operating out of Mumbai, Suburban started in 1994, has multi
Steering Systems: forms JV
diagnostic centers’ spread across the country and is headed by Sanjay
Auto component firm Anand India
Arora. It has a full panel team of pathologists, radiologists, MD
acquired stake in Mando Steering
physicians, cardiologists, technologists supported by the support staff
Systems India, part of Korean
With over 20 PE deals taking place in the healthcare space, the sector company - Mando Corporation for
is seen to be going into a consolidation phase an undisclosed amount
The Indian healthcare sector is expected to reach $100 Bn by 2015 The two entered into a JV and the
from the current $65 Bn, growing at around 20% a year, according to stake valuation and equity split of
rating agency Fitch. Fuelling this growth are aspects such as the two firms remain unknown
increasing population, growing lifestyle related health issues, cheaper
Anand is a well-known name in the
costs, thrust in medical tourism to name few
Indian automotive segment, maker
of automotive systems and
Portman Holdings Plans India Realty Fund
components and the leading supplier
Portman Holdings is planning to raise $300 Mn worth of third party to OEMs. Currently the company
funds to invest in Indian real estate has around 21 global alliances, 19
companies spread across 49
The company will raise these funds in overseas markets in the first
locations and 11 states of the
half of 2013 and plan to deploy the entire corpus in the next 30
country
months once the fund raising is completed
A believer in the partnership model
Portman will focus on investing in residential, mixed use and non-IT
of business, the company has 14 JVs
projects in the country and focus on cities such as NCR, Ahmedabad,
and 6 technical collaborations with
Mumbai and Chennai among others. The company will also look for
13000 people on board
investment opportunity in hotel
Mando, Korea's second largest auto
Portman Holdings is a vertically integrated real estate development,
parts maker, is an affiliate of the
investment and management company with over sixty years of
Halla Group with 13 overseas plants
experience. Portman had set up its base in India in 1996 and through
its architecture and design arms which partnered with Taj Hotels and

3. HDFC in the past
Portman Holdings is part of the Portman group of companies, which also includes John Portman & Associates,
AmericasMart and Atlanta Decorative Arts Center
New Silk Route To Acquire Restaurant Chain - Nando's
PE Firm – New Silk Route is planning to acquire 74% stake in Nando's Indage Restaurants Private Limited, a group
company of the wine maker Shamrao Chougule family. Chougle family will retain a minority stake in Nando’s which
they launched in 2004. Indage holds long-term master franchise for Nando's in the country.
The first Nando's restaurant opened in 1987 in Johannesburg, South Africa by two friends, Robert Brozin and
Fernando Duarte. With a Portuguese/Mozambican theme it has presence with 1000 restaurants across 5
continents and 29 countries. Nando's specializes in flame-grilled Peri-Peri chicken. Currently, Nando’s has only
three restaurants in India
Incorporated in 1982, Indage Restaurants is engaged in hotel and restaurant business. The company houses bar,
resorts, restaurants chain brands
India's dining industry is popular with PE as a means of tapping into rising urban disposable incomes. Recent
transactions in the space Aditya Birla PE invested $10 Mn in Olive Bar & Kitchen
Source: VCCircle & IndiaPE. Strictly for private circulations only. Disclaimer: Reports prepared by CP-Artha Financial Advisory Pvt Ltd contains selected information and do not purport to be complete. The reports based on publicly available information and data ("the Information") believed
to be accurate and complete. Possible errors or incompleteness of the Information do not constitute grounds for liability, neither with regard to indirect nor to direct or consequential damages. CP-Artha Financial Advisory Pvt Ltd, their shareholders and employees are not liable for the
accuracy and completeness of the statements, estimations and the conclusions derived from the Information contained in these documents.
Private Equity (PE) Research team
CP-Artha Financial Advisory Pvt Ltd.
No 34 B, East Club Road, Shenoy Nagar, Chennai -600030, India