Indian Companies Seek to Raise over US$1.3 Billion at India Private Equity Fair 2008

The YEN Expo selection committee for the India Private Equity Fair, the first event of its kind in India, has selected 15 of the final 25 companies, looking for growth funding, that will presented to investors at The Grand Hyatt in Mumbai on 27th February 2008.

Carlton Pereira, Managing Director Tano Capital and Chairman of the IPEF Selection Committee said, “We were looking for companies with an existing track record of historical profitability, exhibiting growth, in sectors where the macro economic indicators were good and with operations that were scaleable so that they would be able to use the funding to take advantage of the opportunities offered in their sectors. Based on these factors we have found some very exciting opportunities.”

The companies that have been selected are from many parts of India and from many different sectors, including; real estate, infrastructure, auto ancillary, IT and manufacturing. Deal sizes range between US$3 million and US$375 million. In total, the companies selected so far aim to raise over USS1.3 billion.

Mr. Pereira added, “Although Private Equity is growing in India, there are still a large number of companies not being covered by the existing market. IPEF 2008 helps to reach out to more companies.”

India Private Equity Fair is the first ever B2B platform, in India, that will present 25 Indian companies looking for growth funding to 150 Private Equity professionals.

YEN Expo is still receiving applications from companies wishing to be showcased and the final 10 will be selected by 7th February 2008.

About YEN Expo:

YEN Expo Pvt. Ltd. is a subsidiary of YEN Management Consultants Pvt. Ltd., a boutique investment bank based in Mumbai. YEN Management Consultants was founded by people with over five decades of experience in corporate & investment banking, private equity and consulting with institutions like Citigroup, Deutsche Bank, Standard Chartered, State Bank of India and Ernst & Young.

Contacts

for YEN Expo
Arun Chandrachud, +919823012303