New Delhi, Feb 26 (ANI/ Business Wire India): Business Wire India (BWI) has been appointed as the official international news dissemination partner for the India Private Equity Fair (IPEF) 2008.
The event, which is scheduled for February 27 at Grand Hyatt, Mumbai, organized by Yen Expo, offers a platform to companies and potential investors in private equity space.
The event will showcase 23 over 100 delegates consisting of PE funds, Venture Capitalists, High Networth Individuals and others.
Michael Owen, Consul General, US Consulate, will inaugurate the event.
Dr T C Nair, Whole Time Member at SEBI, will also address the gathering at the inaugural ceremony.
Over the years, BWI has aimed at connecting Indian enterprises to the global marketplace, widening the business as well as investment options for India Inc.
Anurag Mittal, Business Head, BWI said, "India's private equity sector is gradually moving in the global league. With investors the world over increasing their exposure in India, the private equity landscape is facing its unique set of challenges. A platform such as IPEF should provide great impetus to the industry."
The fair aims at connecting Indian companies seeking equity funding and Private Equity investors. 23 companies seeking growth capital have been short-listed and will be showcased at the event to a select audience of private equity and principal investors from India and abroad.
The companies selected so far represent various sectors including real estate, infrastructure, auto ancillary, FMCG and manufacturing. The deal sizes range between 3 million dollars and 375 million dollars. In total, the companies selected so far aim to raise over 1.3 billion dollars. The presentations will follow the inaugural session.
A panel discussion on "Private Equity - Opportunities and Challenges in India" will look at recent trends in the private equity domain in India and the threats and prospects in the emerging business era.
The panel will have eminent speakers including, Shankar Narayanan, Managing Director, Carlyle India, Carlton Pereira, Managing Director, Tano Capital, Kabir Kewalramani, Managing Director, Berggruen India, Shantanu Surpure, Managing Attorney, Sand Hill Counsel, Arun Chandrachud, Chief Executive Officer, YEN Expo and Michael Newbill, Consul Political - Economic Affairs, US Consulate. Phil Smith, Editor-South Asia, Reuters, will moderate the discussion.