Indian economy is set for a positive trajectory over the next 20 years due to favorable demographics. However, investors should remain vigilant against overpricing and external financial influences, particularly from China and global liquidity flows. Learning from past complacency, strategic timing and careful investment will be crucial for sustained growth.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment