Hi There,
This week at IVCA #Open University, we share the insights from our latest webinar with NDA on SPACs.
**Together with NDA**IVCA in partnership with NDA hosted a webinar on SPACs on 8th June. The panellists gave Insights on the benefits of SPAC to Founders and PE shareholders, the innovative structures for listing on NASDAQ and NYSE for Indian businesses, GIFT SPAC proposed framework Documentation, Legal and tax issues in India and abroad for De-SPAC transactions.
**Key Takeaways**Largest SPAC deal of $40 Billion in Singapore's based startup Grab
GIFT City framework introduced for SPACs
Blank Cheque Company - The investors spend money in the SPAC without the SPAC having any underlying business at the time investors invest the money
https://www.youtube.com/watch?v=T6plO3JtGSY&t=3s
The depth and range of discussions made the sessions relevant to various stakeholders for CEO , Investment Bankers and Business Heads.
The Panel - Anshul Gupta, MD, Citigroup India Investment Banking, D. Muthukumaran, CFO, Renew Power, Nishith Desai, Founder and Managing Partner, Nishith Desai Associates, Nishith Desai Associates, Nishchal Joshipura, Head - Private Equity and M&A, Nishith Desai Associates, Parul Jain, Head - head International Tax and Investment Funds practice, Nishith Desai Associates.
Industry Trends This section shows the trends in the private equity and venture capital investments
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