In the silver era of globalization, investors have improved their risk bearing capacity that
generates an innovative financial intermediary such as the private equity. Private equity
means the capital investment by investors in those companies which are not listed on public
exchange. It is one of the emerging opportunities to raise the fund in today’s Indian Economy.
The Indian financial sector for private equity has immense prospects in recent years with the
expansion of local funds in the diversified investment portfolio. The present economic
condition in India bearing bullish stock market has facilitated private equity. Private equity
houses have strengthen themselves through investment occurs across a wide range of sectors
from pharmaceutical, Education, Information Technology, Power, Telecom, Real estate, Retail
etc. The graph of these firms is increasing rapidly due to effective economy and growing
opportunities for expansion of new and/or existing businesses in India. There must be need of
a controlling body for private equity industry that regulates these firms and also
securitization of investors’ return. The paper discusses about the role of private equity
industry in India, challenges and opportunities faced by the Private Equity investors in the
Indian Market.
provides good description of meaning nature needs and challenges before venture capital in India and what are the steps which should be taken to encourage venture capital in India
This presentation carries complete knowledge of Venture capital which will be very helpful to understand the origin and the requirement of venture capital.
Research Project Report on Growth of Venture Capital Finance in India and Rol...Piyush Gupta
The research project report “Growth of Venture Capital Finance in India and role of Business Confidence Index” is undertaken as a part of MBA curriculum at Kurukshetra University. Venture Capital Finance is a mode of financing a high risk and new business ventures and is no more in the dormant stage in India.
The academic research study has been undertaken in order to know the current scenario of venture capital finance in India and to predict it near future rate of growth. The report also lookouts for market share of different economic sectors in terms of Venture Capital Investments and analyses growth of venture capital investment in these sectors.
The research project report further analyse whether values of Business Confidence Index can predict growth rate of Venture Capital Investments. For this reason Business Confidence Index by Confederation of Indian Industry (CII) has been used.
The report starts with Introduction to the topic i.e. Venture Capital Financing. It then throws light of this Industry in India. The report than provides objectives of this project, reviews of literature done and Research methodology used. It then provides details of Analysis and Interpretation followed by findings and conclusion.
provides good description of meaning nature needs and challenges before venture capital in India and what are the steps which should be taken to encourage venture capital in India
This presentation carries complete knowledge of Venture capital which will be very helpful to understand the origin and the requirement of venture capital.
Research Project Report on Growth of Venture Capital Finance in India and Rol...Piyush Gupta
The research project report “Growth of Venture Capital Finance in India and role of Business Confidence Index” is undertaken as a part of MBA curriculum at Kurukshetra University. Venture Capital Finance is a mode of financing a high risk and new business ventures and is no more in the dormant stage in India.
The academic research study has been undertaken in order to know the current scenario of venture capital finance in India and to predict it near future rate of growth. The report also lookouts for market share of different economic sectors in terms of Venture Capital Investments and analyses growth of venture capital investment in these sectors.
The research project report further analyse whether values of Business Confidence Index can predict growth rate of Venture Capital Investments. For this reason Business Confidence Index by Confederation of Indian Industry (CII) has been used.
The report starts with Introduction to the topic i.e. Venture Capital Financing. It then throws light of this Industry in India. The report than provides objectives of this project, reviews of literature done and Research methodology used. It then provides details of Analysis and Interpretation followed by findings and conclusion.
Study is all about finding the factor which affects the private equity investment in india and prefer sector for it along with the process of investment
I am uploading this for the beginners those who can watch and learn how to make an presentation
This can be also helpful for those who wants to know the concept of venture capital
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
1. Private Equity: An Emerging Financial Tool for Economic Growth in India
Private Equity: An Emerging Financial Tool for Economic
Growth in India
Dr. Sonal Jain1
Reema Singh2
Khushboo Solanki3
Abstract
In the silver era of globalization, investors have improved their risk bearing capacity that
generates an innovative financial intermediary such as the private equity. Private equity
means the capital investment by investors in those companies which are not listed on public
exchange. It is one of the emerging opportunities to raise the fund in today’s Indian Economy.
The Indian financial sector for private equity has immense prospects in recent years with the
expansion of local funds in the diversified investment portfolio. The present economic
condition in India bearing bullish stock market has facilitated private equity. Private equity
houses have strengthen themselves through investment occurs across a wide range of sectors
from pharmaceutical, Education, Information Technology, Power, Telecom, Real estate, Retail
etc. The graph of these firms is increasing rapidly due to effective economy and growing
opportunities for expansion of new and/or existing businesses in India. There must be need of
a controlling body for private equity industry that regulates these firms and also
securitization of investors’ return. The paper discusses about the role of private equity
industry in India, challenges and opportunities faced by the Private Equity investors in the
Indian Market.
Key Words: Bullish stock market, Immense prospects, Innovative financial intermediary,
Private Equity etc.
Introduction
Entrepreneurship has long been considered critical for economic development. An
important element of entrepreneurship is the willingness and ability to mobilize private
capital from both domestic and foreign sources thereby creating of new businesses that
1
Professor and HOD (Mgt.), Deepshikha Group of Colleges, Jaipur
2
Assistant Professor, Deepshikha Group of Colleges, Jaipur
3
Assistant Professor, Deepshikha Group of Colleges, Jaipur
2. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 10
prosper and create jobs. Starting and building a prosperous business is an ambition of
many upcoming entrepreneurs of India. Private equity investments have been a part of
India’s emerging story for about a decade in which time people have seen a massive
amount of events that have shaped the investment climate in India. Private Equity (PE) is
an umbrella term for large amounts of money raised directly from accredited individuals
and institutions and pooled in a fund that invests in a range of business ventures. It
consists of investors and funds that make investments directly into private companies or
conduct buy-outs of public companies that result in a de-listing of public equity.
Private equity refers to large investments in organized and more mature companies at
their expansion stage or later stages. As the Indian economy is on fast track, PE investors
from all over the world are all set to offer equity capital to Indian business groups for
making acquisitions and expansions worldwide.
Private equity is an increasingly significant source of finance for high-growth potential
companies. The object of private equity is to help more businesses achieve their ambitions
for growth by offering then with finance, strategic advice and information at critical stages
of their development.
Suitability for Private Equity
Every business is formed with its aims and own abilities and requirements. Therefore,
private equity may not be appropriate for all kinds of businesses. There are many
significant considerations that have to kept in mind while assessing whether private equity
is right to be opted for a certain business or not. The major concerns which have to be
present while opting for funding by way of private equity may be:
· The keenness to take on the responsibility of being an entrepreneur.
· The inclination to conduct a business with a new team and taking the job to
motivate them.
· The willingness to give up a part of the company’s capital to private investors.
· Establishing the company’s growth prospects sufficiently ambitious.
· Possessing the essential experience to handle such type of funding.
· The type of market, business is surviving in.
· Availability of a certain competitive advantage that could be explored.
3. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 11
· Being ready to share the right of making strategic decisions with people from ‘outer
circle’.
· Potential for developing exit strategy for all shareholders.
· Potential and competitive products or services.
· Stable management structures and procedures and
· A transparent legal structure, leaving less space for entanglements.
Private equity may be considered as an option for funding when the aim is importantly to:
develop a business, launch a new product, planning for innovation or expansion, altering
the size and capacity of business, dispose off or sell a part or all of the company and
liquidate some of the businesses’ assets.
Private Equity viz-a-viz Venture Capital
Venture Capital and Private Equity have been important drivers of innovation, economic
growth, knowledge based industries and start-ups. Both industries follow the principle of
‘high-risk and high-return’.
Private Equity is the provision of equity capital by financial investors to non-quoted
companies with high growth potential. Though, Venture Capital is a subset of private equity
and refers to equity investments made for the launch, early development and expansion of
business. It supports first generation entrepreneurs by providing the equity capital
required for idea based enterprises, which is generally not available from banks and other
financial institutions.
In short, it can be said that Private Equity and Venture Capital can be referred to as private
investments at different levels, but the essential meaning and characteristic of both
remains the same, i.e. the provision of capital to entrepreneurs with the only objective of
developing the business and creating value for it.
To be exact and concise, it could be drawn that Venture Capital focuses on investing in
private, young and fast growing companies; Private Equity players mainly provide
mezzanine or bridge funding. To conclude, all venture capital is private equity, but all
private equity is not venture capital.
4. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 12
Operations of PE
The investors invest money in a venture capital or Private Equity fund, which is usually
formed as a trust. It may possess open ended or close ended schemes. Mostly closed ended
schemes have a fixed life - around 5-7 years. The investments of the trust are managed by
an Asset Management Company (AMC) that charges the fund an annual operating cost,
which commonly ranges from 2-3% p.a., depending on the strategy, scheme, life cycle and
investment plan. The fund makes investments in several companies. Venture capital or
Private Equity funds do not avoid risk but manage them by balancing the portfolio focusing
on the people and by ideas, mentoring, coaching and adding value.
Fig. 1 A Diagrammatic Presentation of the Operations of PE
Advantages of Private Equity
The Private Equity firms bring a vast number of benefits and advantages to the investee
companies. The major merits of funding by way of private equity may be summarized as
under:
5. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 13
Evolution and Regulatory Framework
The India private equity market has grown-up by leaps and bounds since its humble
inception in the late 80’s, becoming the second largest Asian PE capital recipient after
Japan. Despite a relatively young age, the industry has already seen its fair share of ups &
downs. The concept of Private Equity in India is latest as compared to USA, UK, Europe,
where it has been in existence since many decades and has benefitted many businesses
with growth and expansion. In India, foremost developments in Venture Capital and Private
Equity industry have taken place in last 10 to 12 years, but maximum growth has been
noticed in last 5 to 7 years.
India’s growth story is a big magnetism for global investors. India is just behind China in
terms of best prospects for investment in emerging markets. Private Equity has gained
importance in India only in the last decade, although its origins can be traced back to
1970s. The Indian VC/PE industry began in the late 1980s and early 1990s with regional
funds such as Gujarat Venture Finance Limited and pioneers such as ICICI Venture and
Actis Capital.
•a source of risk capital which caanot be availed
through other sources
•access to new and innovative source of funding
•assist in recapitalizing the enterprise
Capital
•helps in improvizing the quality perception of the
company
•develops a network of contacts
•attract talent at senior management level
Brand Building
•provide strategic inputs for growth
•helps acces new markets
•helps find new acquisition targets
•develop new business models
•build a global footprint
Strategic Support
•innovative ways of management reporting
•effeciency improvement
•improved corporate governance practices
•better management processes and control
Operational
Management
•link-ups due to the investor's network of contacts
•portfolio of investments
•increased visibility with bankers, suppliers and
clients
Alliances and Networks
6. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 14
• A committee on "Development of Small and
Medium Enterprises" highlighted the need to
foster venture capital as a source of funding new
entrepreneurs and technology.
1973
• ICICI decides to allocate funds to venture capital
and Private Equity type activity.1984
• Government of India announces guidelines for
Venture Capital Funds (VCFs).
• TDICI was set up to encourage private
investment in technology sector.
1988
• Regional Capital Funds APIDC Venture Capital
and GVFL were set up in Andhra Pradesh and
Gujarat respectively.
• Lazard sets up Credit Capital venture fund - the
first private sector fund.
1989
• Govt. of India issued guidelines in September
1995 for overseas venture capital investment in
India.
• SEBI issues the SEBI (venture capital funds)
regulations in 1996.
• Many National and International Private Equity /
Venture Capital firms enter Indian market.
1995-2000
• PE investment gain momentum during last 12
years with increasing deal size and broader
sectoral coverage.
2000 onwards
Regulatory Framework for Private Equity in India
Since inception, there have been several legal and regulatory reforms in the Private Equity
Sectors, which have led to the present state of growth and development in the Private
Equity scenario in India. Some of the major reforms concerning to this industry in India can
be summarized as below:
· September 1995 - The Government of India issued guidelines for overseas capital
investment in India.
· 1996 - The Securities Exchange Board of India framed SEBI Regulations (Venture
Capital), 1996.
7. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 15
· 1999 – The Companies (Amendment) Act 1999, bestowed the company to make
investment by way of a special resolution in the General Meeting, with prior
permission of the Central Government
· 2000 – SEBI enabled foreign Venture Capital and Private Equity investors to
register with SEBI and avail the benefits there under
· 2000 – Amendments were made in SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 1997
· 2000 – As per FEMA, FVCI can acquire or sell any investment held by it at a
mutually agreed upon price
· 2001 – The Companies Rules 2001, allowed every company limited by shares to
issue shares with differential rights (voting or dividend)
· 2003 – Qualified Institutional Buyer “QIB” status granted to VCF/FVCI as per SEBI
guidelines.
· 2004 – Permission granted to VCF/FVCI to invest in NBFC registered with RBI and
to engage in equipment leasing or Hire Purchase
· 2005 – In the press note 1 of 2005, exemption was granted from prior Government
approval under press note 18 of 1998.
· 2012 - The Securities and Exchange Board of India (SEBI) released the SEBI
(Alternative Investment Funds) Regulations, 2011 (AIF Regulations) on 21 May
2012. AIF means a fund which invests private capital pooled by investors in
accordance with a defined policy to benefit its investors.
Tax Implications
Prior to Finance Act, 2007, Venture Capital Funds registered with SEBI enjoyed tax pass
through status on the income from all of their investments. The Finance Act, 2007, changed
the definition of ‘Venture Capital Undertaking (VCU)’, as per which the benefit of pass
through status is now restricted to the following nine sectors only:
· Nanotechnology
· Information Technology
· Seed Research and Development
· Bio-technology
8. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 16
· R & D of new chemical entities in Pharmaceutical sector
· Building and operating composite hotel-cum-convention centre with seating
capacity of more than 3000
· Developing or maintaining any infrastructure facility as mentioned in explanation
to clause (i) of the sub-section (4) of section 80-IA
· Dairy or poultry industry
The foreign Venture Capital and Private Equity enjoys an option to get themselves assessed
under the provisions of Income Tax or as per the Double Taxation Avoidance Agreement
(DTAA). Generally, most of the Foreign VCF and PEF who invest in India are situated in
Singapore, Mauritius or like tax preferred countries, with whom India has entered into tax
treaties. Therefore, to avail the benefit of DTAA, foreign fund shall not have permanent
establishment in India.
Challenges for Private Equity Fund in India
“India is historically a society of money-lenders. Money that doesn’t come from a bank is
therefore viewed with some suspicion”. Some of the major challenges faced by the Private
Equity and Venture Capital Firms in India are discussed as under:
· According to experts of the field, in the early 1990s (and yet today) people, in India,
had to be educated that private equity is not a high-priced loan and it should not be
avoided or left untouched just for the reason that it is not backed by a Bank.
· One cultural aspect that presents a challenge for private equity is the Indian
entrepreneur’s disinclination to sell, which represents an emotional attachment to
their businesses which may restrict the fulfilment of the major purpose of PE
investment.
· A definite challenge for private equity in India is lack of information. Financial
investors need data. To have data, entrepreneurs need to have had good processes
for capturing data. Even in good family businesses where value is evident, a lot of
times there’s not enough data, which makes the task difficult for the investors.
Indian books of accounts have historically been geared towards lowering the
incidence of tax, leaving much to be inferred. Some investors are comfortable in
their understanding of the peculiarities of the Indian way of doing business.
9. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 17
· Companies may find the Private Equity firms too interfering in their business
affairs, which makes them hesitant while availing Private Equity as an option for
investment.
· Bringing alignment amongst family members can be challenging to implement
changes expected by PE firms. The existing members of the company and new team
of the PE investors may not be in coalition with each other.
· The leadership team may find it challenging to work in new ways. To adapt to new
environment and new techniques may not be much welcomed by the team
members.
· Operational excellence takes longer to achieve, rising the holding period.
Perspective Solutions
The PE industry in India is facing interesting times. Tailwinds are pushing the industry
forward in the shape of rupee depreciation (especially beneficial for investments), the
Indian Government’s positive attitude toward regulations affecting the PE industry and
continuing interest of global investors (with significant dry powder). Adversely, there are
headwinds in the form of exit challenges (largely because of rupee depreciation and
shallow capital markets/IPO opportunities), a difficult fund-raising environment and,
continuing (but abating) valuation challenges with promoters.
Conclusion
Private equity firms are operating today in an increasingly uncertain environment. After
the global financial crisis, the most important lesson learned was: expect the unexpected.
India was amongst the fastest growing PE market in Asia in 2011 PE firms in the country
finalized more than 500 deals which was approximately 40% higher than the then previous
year. For Private Equity to go into its maximum potential, certain regulatory barriers,
namely uncertainties and instability in country’s tax governance and limited investment
prospects for foreign investors in several regulated sectors like multi brand retail, need to
addressed and concentrated upon. Indian funds are mainly talking about delayed exits and
longer investment horizons. Although, the efforts of Government to regulate and encourage
this industry are appreciated, they are also leading to hesitation for investors, making the
industry susceptible and exposed.
10. Professional Panorama: Multi- disciplinary International Academic Journal
Private Equity: An Emerging Financial Tool for Economic Growth in India 18
India is expected to possess the potential of becoming the second largest economy across
the globe by 2050. The key growth drivers are investments in infrastructure, domestic
consumption and a hub for global outsourcing. Private Equity can not only help companies
and industries grow, generating more employment, raise productivity, rather it can also be
a influential driver of change; raising standards, nurturing growth and development,
promoting new opportunities for individuals as well as businesses, thereby helping to
overcome and eradicate poverty and unemployment and ultimately bringing a ray of hope.
References
1. Indian Venture Capital Association (2007), Venture Capital and Private Equity in India,
available at: www.indiavca.org/IVCA%20 Presentation, October 2007.pdf.
2. Sinha, V., PE Players Emerge Biggest Players in 2006, The Economic Times, January 8,
2007. Available at http://economictimes.indiatimes.com
3. SMC Investment Solutions and Services (2008), Private Equity Investments of 2007:
Current Market Values, Up or Down.
4. Knowledge@Wharton (2006), Wharton Private Equity Review - Funding Value in a
Crowded Market, China or India: Which is the Better Long-term Investment for Private
Equity Firms?
5. Giridharadas, Anand, Buyout Deal by KKR is India’s Largest Ever, International Herald
Tribune, April 18, 2006. Available at
www.iht.com/articles/2006/04/17/business/kkr.php
6. Deloitte Private Equity Report, May 2012
7. Venture Capital and Private Equity – Halsbury’s Law, May 2008
8. Reflections: Indian PE in 2012 – PWC India
9. Kanvic PE Report, July 2012