News for 'ta-associates'

ChrysCap, TA Associates, Citigroup buy 10% in Idea

The Credila Success Story

Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk, and the deal size could be in the range of $3-4 billion, sources in the know said. "BillDesk has been open to being acquired for some time now, but in the past the valuations that the company was seeking proved to be a hurdle," said a source. "Three years ago too, PayU had approached BillDesk for an acquisition, but things didn't go ahead due to high valuations. "BillDesk had asked for $2-billion value then," said the source.

And the top five private equity deals of the year are.....

The largest deal of this year was Centerbridge Partners LP investing $1,157 million in Senvion SE for 100% stake from Suzlon Energy.

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).

The men with the Midas touch

After a stretch of lousy returns Silicon Valley's VCs are searching for companies with novel traits: rising revenue and profits.

PEs pump it in, investments hit a record $5.89 bn in Jul-Sep

The mega deals in the Internet sector ensured IT and ITeS companies grabbed 57 per cent of the PE investment by value.

How COVID-19 has impacted private equity firms

Investors say they see large companies going through the grind, as their promoters struggle with liquidity because they are levered up at the holding company level and are starting to get margin calls thanks to the crashes in the stock market, and in the next six months, the targets that will come up for PE companies will make for a harvest season like never before.

Micromax to raise up to $1 bn from global investors

Micromax to raise up to $1 bn from global investors.

Micromax to buy South Korean phone company Pantech

Pantech, South Korea's No.3 smartphone maker, has been under a debt-restructuring programme after suffering six consecutive quarters of losses.