HarbourVest expects ‘material increase’ in India investments
Wed, May 1, 2024 12:37 PM

HarbourVest expects ‘material increase’ in India investments

A Flip by Riya Sharma
Get it on Google Play
US-based private markets firm HarbourVest, a backer of Indian private equity funds ChrysCapital and Kedaara Capital, is scaling its funds and direct investments in India, according to a top official.“In India, we've been on a deployment ramp over the past 10 years. If we look at the capital that we deploy annually, the proportion that's going to India has been on an uptrend," said Kelvin Yap.

More great flips

China will control property sector risk: Vice Premier

China will control property sector risk: Vice Premier

China will control the intertwined risks in the property sector, local government debt and small local financial institutions, Vice Premier He Lifeng said on Tuesday. China is seeking to restore confidence in its financial system, which is mired in a property crisis and mounting local government debt, as the economy faces a host of challenges.

Open Flip
The Baazigar Shah Rukh Khan & His Investment Holdings 💰

The Baazigar Shah Rukh Khan & His Investment Holdings 💰

Beyond his acting and producing credits, Shah Rukh Khan is a business magnate with a diverse portfolio. Bollywood's heartthrob King Khan has the smarts for investments (and stealing hearts)! Let's take a peek into his Swades-i stakes: 📌Kidzania, 📌Red Chillies VFX, 📌IPL Cricket Team- Kolkata Knight Riders. [🔊Source: Business Outreach]

Open Flip
Portugal's Mota-Engil reports 54% rise in net profit in Q1 2024

Portugal's Mota-Engil reports 54% rise in net profit in Q1 2024

Portugal's largest builder Mota-Engil reported on Tuesday a 54% jump in first-quarter profit on strong sales and said its order book hit a record 14 billion euros ($15.21 billion). The construction company, which operates in 20 countries across Africa, Europe and Latin America, said net profit totaled 20 million euros for January to March, up from 13 million euros.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon