CERVIN Family Office & Advisors Pvt. Ltd.

Earnings growth for Nifty companies is expected to be the slowest in 17 quarters. As we have been highlighting, while lower input prices have helped India Inc to deliver higher margins in the past, it is time for demand to pick up for the earnings growth to be sustained and justify the relative valuations at which India is trading as compared to most of the countries. CERVIN Family Office & Advisors Pvt. Ltd. #equitymarkets #valuations #earnings #equityinvesting #portfoliodiversification #familyoffice #familyofficeadvisor #cervinfamilyoffice

Let Lord Ram give us the power to kill the demons of Ego, Selfishness, Greed, Anger, Cruelty, Injustice & Temptation! #Dussehra2024 #Dussehra

Shri Ratan Tataji, As we bid farewell to you today, all of us will be reminded and guided by your journey - one that touched millions of lives and transformed businesses - a journey that is a true testament of resilience and unyielding vision. I am truly blessed to have had the honor of meeting you in person twice in my life. Om Shanti Om Sadgati

No words can truly denote the loss, No words can incorporate what he achieved in life, and No words can really measure the huge impact he had on so many people's lives...... Mr.Tata, you will be missed ! #RatanTata #BeaconofLife

"Buyers of PE assets have become more realistic about companies’ ability to grow and expand margins. They are no longer taking the promise of future earnings improvements at face value, as they might have done in a frothy market, according to Agellus Capital managing partner and co-founder Beau Thomas. Instead, acquirers are basing valuations on actual trailing-12-month EBITDA figures. More specifically, buyers are not accepting various add-backs and pro forma adjustments—revisions to financial forecasts—advertised by sellers, which could include projected growth from new branch openings, customer wins, price increases or synergies from an add-on acquisition. A tougher fundraising climate exacerbated these challenges. Some larger PE funds hesitate to deploy capital too quickly, as they would rather not return to fundraising in an unfavorable market. This reluctance at the top is affecting the middle market, where GPs are finding fewer opportunities to exit their portfolios to larger PE sponsors." - Pitchbook CERVIN Family Office & Advisors Pvt. Ltd. #privateequity #privatemarkets #valuations #familyoffice #cervinfamilyoffice

“The firm's decision to reduce the size of its fund reflects the challenges in capital deployment over the past 24 months, especially for growth and late-stage ventures, and the increasing compliance and governance issues faced by startups in India. Several companies in Peak XV's portfolio, such as GoMechanic, BYJU'S, and Mojocare, have encountered significant difficulties due to these issues. Moreover, startups have also started turning to public markets for growth and late-stage capital for better long-term valuations.” https://lnkd.in/gfjufU6s #privateequity #privatemarkets #growthcapital #latestage #latestageinvesting #privateequity #familyoffice #familyofficeadvisor

The secondary market reached a record volume of $134 billion in 2021, underscoring the importance of understanding private equity secondaries for anyone aiming to optimize their investment strategies in turbulent economic climates. Link: https://lnkd.in/dRgcB5iC #privateequity #venturecapital #secondaries #pesecondary #familyoffice

Family Offices are becoming more important and in many cases more desirable as early-stage investors in the Global Venture ecosystem. If you are a #founder, an #investmentbank, a #venturesyndicate, an #accelerator, an #incubator, a #venturestudio and have interesting ideas in the early stages, do share them with us. #venturecapital #startups #startupfunding #familyofficeinvestments #earlystage #familyoffice #familybusiness

According to market research firm Canalys, Apple produced nearly 15 million iPhones in India in 2022, rising to 25 million last year, or about 12 per cent of all phones produced. In the first half of 2024, Apple produced at least 18 million phones in India and is projected to account for 23 per cent of its total production volume by the end of 2025. #India #makeinIndia #Apple #iphone #friendshoring #manufacturing #smartphones #economy