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Vidushi Gupta

Partner at Khaitan & Co

Lawyer

Mumbai

Deal Bio

Total Deals23

Valued Deals15

Total Value£ 3.16 B

Avg. Deal Size£ 210 M

Market Context

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01 Feb 2019|India|Consumer Lending

Target: AADHAR HOUSING FINANCE

Bidder: BLACKSTONE GROUP INC

9 Service Providers

3 Target | 4 Bidder | 2 Vendor

30 Dealmakers

11 Target | 18 Bidder | 2 Vendor

n/a

Value

28 Jul 2020|India|Banks

Target: SAVE SOLUTIONS PRIVATE LIMITED

Bidder: MAJ INVEST EQUITY A/S

3 Service Providers

1 Target | 2 Bidder

12 Dealmakers

3 Target | 9 Bidder

£ 13 M

Value

08 Feb 2021|India|Pharmaceuticals

Target: ZCL CHEMICALS

Bidder: ADVENT INTERNATIONAL CORPORATION

11 Service Providers

5 Target | 5 Bidder | 1 Vendor

37 Dealmakers

6 Target | 30 Bidder | 1 Vendor

n/a

Value

22 Jun 2021|India|Renewable Energy Equipment

Target: FORTUM (500 MW SOLAR POWER PLANTS)

Bidder: ACTIS LLP

3 Service Providers

1 Bidder | 2 Vendor

11 Dealmakers

1 Bidder | 10 Vendor

£ 240 M

Value

02 Jun 2021|India|Specialty Chemicals

Target: UNITOP CHEMICALS PVT LTD

Bidder: ROSSARI BIOTECH

3 Service Providers

2 Target | 1 Bidder

7 Dealmakers

6 Target | 1 Bidder

£ 41 M

Value

28 Oct 2021|India|Insurance Brokers

Target: ACKO

Bidder: CANADA PENSION PLAN INVESTMENT BOARD (CPP INVESTMENTS)

10 Service Providers

2 Target | 8 Bidder

19 Dealmakers

1 Target | 18 Bidder

£ 186 M

Value

20 Jul 2021|India|Telecommunications Services: Other

Target: SPACE TELEINFRA

Bidder: BROOKFIELD ASSET MANAGEMENT

4 Service Providers

3 Target | 1 Bidder

16 Dealmakers

13 Target | 3 Bidder

£ 87 M

Value

30 Mar 2022|India|Banks

Target: CITIGROUP (CONSUMER BANKING BUSINESS IN INDIA)

Bidder: AXIS BANK

11 Service Providers

6 Bidder | 5 Vendor

85 Dealmakers

43 Bidder | 42 Vendor

£ 1.22 B

Value

09 Jun 2022|India|Mortgage Finance

Target: IIFL HOME FINANCE

Bidder: ABU DHABI INVESTMENT AUTHORITY (ADIA)

7 Service Providers

4 Target | 2 Bidder | 1 Vendor

38 Dealmakers

33 Target | 5 Bidder

£ 236 M

Value

10 Aug 2022|Denmark|Electronic Equipment: Control and Filter

Target: VESTAS WIND SYSTEMS (CONVERTERS AND CONTROLS BUSINESS)

Bidder: KK WIND SOLUTIONS

4 Service Providers

1 Bidder | 3 Vendor

20 Dealmakers

1 Bidder | 19 Vendor

n/a

Value

21 Feb 2023|India|Software

Target: NXTWAVE

Bidder: ORIOS VENTURE PARTNERS

5 Service Providers

3 Target | 2 Bidder

9 Dealmakers

7 Target | 2 Bidder

£ 27 M

Value

11 Apr 2023|India|Medical Services

Target: LIFELINE LABORATORY

Bidder: FORTIS HEALTHCARE LIMITED

4 Service Providers

3 Target | 1 Bidder

9 Dealmakers

8 Target | 1 Bidder

n/a

Value

03 Feb 2023|India|Rental Services: Consumer

Target: RENT ALPHA

Bidder: MIZUHO LEASING CO LTD

5 Service Providers

2 Target | 3 Bidder

15 Dealmakers

12 Target | 3 Bidder

£ 60 M

Value

08 Aug 2023|India|Consumer Lending

Target: CHAITANYA INDIA FIN CREDIT

Bidder: SVATANTRA MICROFIN

3 Service Providers

1 Target | 2 Bidder

23 Dealmakers

1 Target | 22 Bidder

£ 140 M

Value

29 May 2023|India|Medical Services

Target: PROGNOSIS LABORATORIES

Bidder: MEDGENOME

4 Service Providers

3 Target | 1 Bidder

13 Dealmakers

12 Target | 1 Bidder

n/a

Value

05 Oct 2023|United States|Digital Services

Target: VIVVIX

Bidder: MEDIARADAR

11 Service Providers

1 Target | 7 Bidder | 3 Vendor

88 Dealmakers

1 Target | 45 Bidder | 42 Vendor

n/a

Value

07 Feb 2024|India|Consumer Lending

Target: NORTHERN ARC CAPITAL LIMITED

Bidder: INTERNATIONAL FINANCE CORPORATION (IFC)

4 Service Providers

2 Target | 2 Bidder

8 Dealmakers

6 Target | 2 Bidder

£ 63 M

Value

04 Mar 2024|India|Consumer Lending

Target: SVATANTRA MICROFIN

Bidder: ADVENT INTERNATIONAL CORPORATION

7 Service Providers

2 Target | 5 Bidder

31 Dealmakers

14 Target | 17 Bidder

£ 180 M

Value

30 Aug 2024|India|Rental Services: Consumer

Target: RENT ALPHA

Bidder: MIZUHO LEASING CO LTD

5 Service Providers

2 Target | 3 Bidder

10 Dealmakers

9 Target | 1 Bidder

£ 41 M

Value

24 Oct 2024|United States|IT Services: Other

Target: CORROHEALTH

Bidder: PATIENT SQUARE CAPITAL

8 Service Providers

4 Target | 4 Bidder

34 Dealmakers

5 Target | 29 Bidder

n/a

Value

27 Jan 2025|India|Investment Banking

Target: BATLIVALA & KARANI SECURITIES INDIA

Bidder: 360 ONE PORTFOLIOS

3 Service Providers

3 Bidder

20 Dealmakers

20 Bidder

£ 164 M

Value

12 Feb 2025|India|Consumer Services: Other

Target: GUJARAT TITANS (IRELIA SPORTS INDIA PRIVATE LIMITED)

Bidder: TORRENT GROUP

3 Service Providers

2 Bidder | 1 Vendor

21 Dealmakers

18 Bidder | 3 Vendor

£ 450 M

Value

22 Apr 2025|India|Asset Managers and Custodians

Target: UBS AG (ONSHORE WEALTH MANAGEMENT BUSINESS IN INDIA)

Bidder: 360 ONE PORTFOLIOS

5 Service Providers

2 Bidder | 3 Vendor

33 Dealmakers

29 Bidder | 4 Vendor

n/a

Value