Vaibhav Agrawal, partner at the India subsidiary of CA-based Lightspeed Venture Partners, outlines three reasons why so much venture capital is flowing into Indian companies A noticeable improvement in India’s infrastructure has enabled startups to create more value and scale up their businesses quicker. The pandemic shifted a lot of...
U.K.'s JCB India Supplies Products to 93 Companies Worldwide
JCB India, a subsidiary of J.C. Bamford Excavators Limited universally known as JCB, with headquarters in Staffordshire, England, increased its revenue from $880 million in 2014 to over $1.2 billion at the end of 2017. The largest manufacturer of construction equipment in the country, JCB India's business was boosted by...
Britain's Apax Partners to Acquire India's Healthium Medtech
British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...