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Advent invests in jewellery while Meesho secures 500 million dollars funding
Advent has made a significant move in the jewellery market, while Meesho has successfully secured $500 million in funding. These developments highlight the ongoing investment activity and growth within the startup ecosystem.
prosus invests 80 million in indian supply chain financing startup mintifi
Prosus has invested $80 million in Mintifi, acquiring a 10.65% stake in the Indian supply-chain financing startup, which allows distributors to procure inventory and pay later. This investment will be recorded as an equity-accounted associate due to Prosus's significant influence on Mintifi's board. The ongoing funding round has attracted interest from major investors, including Ontario Teachers' Pension Plan and private equity firms like Bain Capital and Advent International.
private equity and venture capital investments in india healthcare sector decline in 2024
PE-VC investments in India's healthcare sector declined to $5.33 billion in the first 11 months of 2024, a 14% drop from 2023. Despite this slowdown, experts remain optimistic about the sector's long-term growth, projecting annual investments of $5-6 billion, driven by favorable demographics and increasing healthcare spending. The healthcare market is expected to reach $285 billion by 2028, highlighting the need for additional hospital beds and improved insurance coverage.
nielseniq considers ipo with potential valuation near ten billion dollars
NielsenIQ is considering an initial public offering that could value the consumer intelligence firm at approximately $10 billion. The company, backed by Advent International and KKR & Co., has started discussions with potential advisers for a 2025 listing, although no final decision has been made, and it may choose to remain private.
private equity firms vie for german vitamin maker orthomol
Private equity firms, including CVC Capital Partners and L Catterton, are competing to acquire German vitamin supplement maker Orthomol. Other bidders such as Advent International, Blackstone Inc., Groupe Bruxelles Lambert NV, and PAI Partners have also advanced in the bidding process. The company, along with its founding family, is seeking approximately €1 billion ($1.1 billion) for the sale, with Houlihan Lokey Inc. advising them.
Aimbridge Hospitality is seeking financial advice from Evercore Inc. to bolster its cash reserves amid a decline in room count that is affecting revenue. The hotel management company, backed by Advent International, is navigating these challenges as it looks to stabilize its operations.
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