'Believe risk-reward has turned favourable'
Mint Mumbai|June 30, 2023
Nuvama Asset Management, a backer of Ola Electric and Dailyhunt, has recently invested in two homegrown startups after 16 months.
Aman Rawat
'Believe risk-reward has turned favourable'

The Mumbai-based company, earlier known as Edelweiss Asset Management, has raised about ₹16,000 crore so far and is currently investing out of its third fund under the Crossover Opportunities banner, for which it has secured commitments of nearly ₹4,000 crore so far.

In an interview, Pranav Parikh, managing partner and head of private equity at Nuvama Asset, said the company remains cautious post last year's economic uncertainties and macro headwinds. But now, he believes the risk-reward of its investments has turned favourable. Parikh also spoke about the slowdown in dealmaking, investment returns, and the thesis for its latest bets. Edited excerpts

Has Nuvama's investment strategy evolved? Has it identified new investment opportunities or refined its criteria for selecting companies?

هذه القصة مأخوذة من طبعة June 30, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة June 30, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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