homevideos Newsbusiness NewsBig Bull exclusive: Rakesh Jhunjhunwala on his IPO plans, investments and more
Big Bull exclusive: Rakesh Jhunjhunwala on his IPO plans, investments and more
Big bull Rakesh Jhunjhunwala of Rare Enterprises in an exclusive interview to Nisha Poddar said that he expects 4 of his large investments to be listed in the 12-18 months.
Big bull Rakesh Jhunjhunwala of Rare Enterprises in an exclusive interview to Nisha Poddar said that he expects 4 of his large investments to be listed in the 12-18 months.
“One of my investments Nazara got listed recently and I think 4 of my large investments will be listed in the next 12-18 months,” he said.
Jhunjhunwala also said that he is currently in the process of negotiating 2-3 deals. “I am in the process of negotiating 2-3 deals at the moment. But I think I will be doing further private equity investment; maybe 2 investments in the next 6 months,” he said.
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“One is in education and one is in the hospital business. We are trying to make a very large deal to acquire something in the jewellery business, an international deal,” Jhunjhunwala explained.
Renuka Ramnath of Multiples Asset Management said that the entire digital space is a huge opportunity for the private equity space.
“The whole digital space, whether it is disrupting incumbent business models or creating new economic opportunities using the digital technology capability is a very big opportunity for the private equity industry at large and it is a big opportunity for Multiples as well,” she said.
For the full interview, watch the video.
(Edited by : Aditi Gautam)
First Published: May 27, 2021 7:09 PM IST
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