Start-ups dominate private equity/venture capital deals space in 2016

Start-ups dominate eustan Ventures

Start-ups dominated deals in the private equity (PE) and venture capital (VC) space in 2016, making up some $2.5 billion in value and 70% in terms of transaction volume, according to the fifth edition of Grant Thornton in India’s The Fourth Wheel 2017 report. Despite the focus in the start-up ecosystem by PE and VC investors, the investment value in…

World Bank arm to invest $47.5 million in Granules India

Eustan Ventures

New York: International Finance Corp. (IFC), the private-sector lending arm of the World Bank, on Monday said it will provide debt of $47.5 million (Rs318 crore) to drug maker Granules India Ltd to help finance its investment plans. Granules India is building a bulk drug manufacturing facility in Vishakhapatnam, expanding its existing capacities and investing in research and development to…