I recently read an interview where the person interviewed said we don’t need more banks. He argued that we instead need more efficient banks which are better capitalised, we need…
When we talked to infrastructure developers 10 years back on what their biggest challenges were, it invariably included “getting people”. That was one of the drivers for setting up a…
I recently spoke at a PE Conference after a long time. I started off by describing the power sector in 2003, when we started IDFC PE. The outlook looked very…
A few months back I attended a discussion on education in India. The panelists were Ninad Karpe of Aptech and Jetu Lalvani of Kaizen Private Equity. I was happily sitting…
A couple of weeks back Tamal Bandyopadhyay released his first book, ‘A Bank for the Buck’. It is the story about HDFC Bank, India’s most valuable bank. I am proud…
I recently spent two days at TiE Con Delhi, where I participated in a fireside chat with Rob Gertner, Deputy Dean at Chicago Booth (where I studied many moons back)….
Soon after he resigned as the chief executive of IDFC Private Equity, Luis Miranda decided to climb the 5,895-metre Mt Kilimanjaro, Africa’s tallest mountain, with his son, who was then…
One of the challenges the local VC and PE industry faces is that the interest of overseas fund investors (i.e. Limited Partner / LP) to invest in India is very…
First of all, thank you for your comments on my first blog, where I suggested that PE investors and entrepreneurs should visit their local market to learn how to close out…
A common complaint of PE investors is that valuations are a challenge. An old friend and experienced PE investor, Rajesh Khanna, once commented that valuations will always be a challenge;…