India Private Equity Fair 2008 Attracts 50 Companies in Less Than 2 Weeks

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Less than 2 weeks after Yen Expo Pvt. Ltd. announced that it would be holding India's first ever Private Equity Fair, the company has received a very strong response from companies wishing to take part. 50 companies have submitted or are in the process of submitting their applications. The companies, from all over India, come from sectors as diverse as beauty and power generation to IT and logistics. Funding requirements vary from US$3 million to US$250 million.

Even we have been taken by surprise by the strength of demand from companies wishing to secure PE funding. We are getting enquiries every day and we have had to extend the deadline for companies to send us their application until 28th January.

Less than 2 weeks after Yen Expo Pvt. Ltd. announced that it would be holding India's first ever Private Equity Fair, the company has received a very strong response from companies wishing to take part.

50 companies have submitted or are in the process of submitting their applications. The companies, from all over India, come from sectors as diverse as beauty and power generation to IT and logistics. Funding requirements vary from US$3 million to US$250 million.

Arun Chandrachud, CEO, Yen Expo, said: "Even we have been taken by surprise by the strength of demand from companies wishing to secure PE funding. We are getting enquiries every day and we have had to extend the deadline for companies to send us their application until 28th January."

"We have also been surprised by the size of some of the deals. We initially thought that companies would be seeking anywhere up to US$50 million but we have several deals in excess of this, the biggest being US$250 million. This just reinforces how ambitious India's medium-sized businesses are and how important Private Equity funding is to their growth prospects."

Yen Expo's selection committee, which is made up of bankers and senior Private Equity professionals, has already begun to shortlist companies that will be presented at the event, to be held at The Grand Hyatt in Mumbai on 27th February 2008. They will now, in conjunction with students at IIM - Ahmedabad, help these companies to prepare their business cases so that they are ready to meet investors at the India Private Equity Fair. IPEF 2008 will provide a B2B platform to over 25 companies to showcase their business and growth plans to 150 Private Equity funds from India and abroad.

About YEN Expo:

YEN Expo Pvt. Ltd. is a subsidiary of YEN Management Consultants Pvt. Ltd., a boutique investment bank based in Mumbai. YEN Management Consultants was founded by people with over five decades of experience in corporate & investment banking, private equity and consulting with institutions like Citigroup, Deutsche Bank, Standard Chartered, State Bank of India and Ernst & Young.

For further information please contact:

Arun Chandrachud: +919823012303
Pressman Public Relations

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Pradeep Ghorpade, The Source
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