• Hero Electronix is in talks with PE firms like Advent International and TPG Growth to sell a 30% stake in Tessolve, a semiconductor design and engineering company valued at around $450 million. Jefferies is advising on the sale, with binding bids expected within a month.
• Schneider Electric is considering acquiring Temasek's 35% stake in their Indian venture, Schneider Electric India Pvt, for approximately $1 billion, potentially valuing the entire venture at $5 billion. Temasek has been exploring exit options, including a sale or an IPO.
• Amber Group plans to raise Rs 3,000 crore through a QIP for Amber Enterprises India and an IPO for its EMS subsidiary, ILJIN Electronics. The funds will be used to support the company's expansion plans.
• R for Rabbit secured Rs 110 crore in Series B funding led by Filter Capital and 3one4 Capital, with Xponentia Capital fully exiting in a secondary transaction. Filter Capital will invest Rs 70 crore, while 3one4 Capital will contribute Rs 40 crore.

Nitesh Kumar

Advent International, TPG Growth, Kedaara Capital and ChrysCapital are among the private-equity (PE) firms in talks with Hero Electronix to buy a significant stake in Tessolve. Schneider Electric may acquire Temasek's stake in its Indian venture. Meanwhile, Amber Group plans to raise Rs 3,000 crore (around $349 million) via qualified ......

Grapevine: Advent, TPG, Kedaara, ChrysCap, Goldman Sachs, Temasek, Xponentia in news

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Advent International, TPG Growth, Kedaara Capital and ChrysCapital are among the private-equity (PE) firms in talks with Hero Electronix to buy a...

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Goldman Sachs Inc

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Kedaara Capital

Filter Capital

Hero Electronix

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Grapevine: Advent, TPG, Kedaara, ChrysCap, Goldman Sachs, Temasek, Xponentia in news

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