Eustan Ventures

World Bank arm to invest $47.5 million in Granules India

New York: International Finance Corp. (IFC), the private-sector lending arm of the World Bank, on Monday said it will provide debt of $47.5 million (Rs318 crore) to drug maker Granules India Ltd to help finance its investment plans. Granules India is building a bulk drug manufacturing facility in Vishakhapatnam, expanding its existing capacities and investing…

eustan ventures pvt ltd

$25m to $400m: SAIF Partners exits MakeMyTrip, makes 16 times on its Investment

SAIF Partners has sold its entire remaining stake in MakeMyTrip, concluding a series of transactions that are estimated to have fetched it the largest cash exit in India’s venture capital industry. The investment firm has since October shed its balance 11% holding in India’s largest online travel agency as the Nasdaq-listed company’s stock price surged…

startup eustan ventures

65% startup leaders in India Believe the Sector is in a Tech Bubble

Nearly 65 per cent of startup executives and founders believe that the Indian startups are in a technology bubble, while 18 per cent feel that the bubble was close to bursting soon, a study by venture debt and specialty lending business, InnoVen Capital, said. The India Startup Outlook Report 2017 highlights the perspective with responses…