ICICI group's private equity business head Renuka Ramnath is believed to have put in her papers on Monday.
India is still a capital-starved economy where long-term capital can be put to work to create valuable enterprises and successful entrepreneurs, says Renuka Ramnath.
Tata Communications has elected the private equity (PE) veteran as a successor to Subodh Bhargava.
India's private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.
Of the amount, the home-grown private equity player founded by Renuka Ramnath plans to deploy $8 billion in various companies as part of its blueprint for growth.
Ravindra Dholakia joins the board along with Gurcharan Das, former chief executive officer of Procter & Gamb#8804 Prem Vrat, vice-chancellor of ITM University of Gurgaon; Air Marshal K K Nohwar; and Renuka Ramnath, managing Director and CEO of private equity firm Multiples Alternate Asset Management.
Mulye banks on domestic investors to raise money before approaching international markets.
Two Indians -- HDFC's Renu Sud Karnad and ICICI Venture's Renuka Ramnath -- have been named in the global list of top 25 Nonbank Women in Finance, compiled by American magazine USBanker.
Renuka Ramnath is credited with raising the India Advantage Fund Series II, the country's largest private equity fund till date with a corpus of $810 million.
ICICI Ventures Funds Management Company Ltd has acquired Tata group's 50% stake in Tata Infomedia Ltd for Rs 176 per share, totalling Rs 100.7 crore in a cash deal, and will make an open offer to acquire 20% publicly-held shares of the company.
Air India's financial and operational performance as part of its turnaround process came up for a review at the airline's Board meeting in New Delhi.
'Bottomline, hairline and waistline -- you have to watch them always.'
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent.
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.
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
Goyal said he tried to buy out ColorPlus from Raymond a few years ago.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Vastu Housing Finance is trying to leverage technology to distinguish itself in a crowded space.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
KV Kamath has had a tough journey so far.