Introduction

Mergers & Acquisitions Summit 2019

Dealmaking in India hit a record high last year, crossing the psychological milestone of $100 billion for the first time ever. This was led by mergers and acquisitions (M&As). Rising appetite of not just established companies but also venture funded startups looking for newer growth planks, opportunity thrown up by the stressed assets piece as well as PE funded platforms created with a buy-to-build strategy is expected to drive M&A momentum in the future as well.

One notable feature of the recent M&As has been the wide sectoral spread straddling internet, telecom, petrochemicals, metals, pharmaceuticals, renewable energy, IT, consumer goods and engineering sectors. This has added more vibrancy to the dealmaking ecosystem compared to the past where large deals in selective sectors like telecom and energy among few others used to dominate.

Another factor has been the rise of more buyouts and emergence of PE vs strategic buyers contest for M&As.

As more stressed assets come under the hammer, strategic acquisitions will also get a leg up, especially in the mid-market space.

Since January, large M&A deals have been struck in housing finance, IT, textiles, pharma, dairy, education, internet, auto parts among other spaces. There has been 282 M&A deals worth over $11 billion, according to VCCEdge, the data platform of Mosaic Digital.

To discuss the emerging opportunities and challenges, learnings from past moves that worked as well as those that didn’t, Mosaic Digital, the corporate banner behind VCCircle.com, is organising its next edition of M&A Summit on 26th June at Hotel Four Seasons in Mumbai.


Agenda

8:30AM- 10:00AM
Registration & Networking

10:00AM - 10:05AM
Opening Address

Shalil Gupta, CBO, News Corp Mosaic Digital

10:05AM - 10:35AM
In Conversation: Serial entrepreneur Yogesh Mahansaria on build and buy strategy

Yogesh Mahansaria, Serial Entrepreneur (Co-founder Alliance Tire Group, Mahansaria Tyres; former co-promoter Balkrishna Inds) in conversation with Ranjani Raghavan, Associate Editor, VCCircle

10:35AM – 11:20AM
Panel Discussion: Crystal gazing: Big buy or string of pearls
As Indian companies grow big they face the question of whether to buy a large asset in a developed market or strike a number of smaller deals domestically. Big asset catapults the size but comes saddled with the challenge of low growth thereafter and an inherent risk of sinking the mother ship. How should companies balance investor expectations with these two choice sets?  Inbound M&A interest has been declining as MNCs focus on their core markets but then Walmart makes its biggest ever acquisition in India. Is it an outlier? How to read the inbound acquisition interest of MNCs?

Anil Raibagi, Senior Vice President and Global Head– M & A, Wipro Limited  
Manas Datta, Group CFO, Wockhardt
Subrata Kumar Nag, Group CEO & Executive Director, Quess Corp Limited
Vijay Paradkar, VP - Mergers & Acquisitions, Mahindra & Mahindra Ltd.
Moderator: Bruhadeeswaran R, Assistant Editor, VCCircle

11:20AM - 11:45AM
Networking over Tea/Coffee

11:45AM - 12:30PM
Panel Discussion: Due diligence
One of the most critical factors determining the success of an M&A deal is how clearly the acquirer has mapped out strategic benefit from the acquisition and the red herrings of the target. What are the new due diligence tools to make a stronger business case for an acquisition? What are the more common emerging factors to watch out before giving a clean chit for a deal?

Devki Nandan, SVP & Head - M&A, JSW Infrastructure Ltd.
Vikas Wadhawan, CFO, Proptiger
Roopal Kulsrestha, Partner - M & A, Private Equity & General Corporate, Shardul Amarchand Mangaldas &Co
Moderator: Varsha Jhawar, Head - M&A and Investment Banking, Alantra India

12:30PM - 01:15PM
Panel Discussion: PE buyout vs strategic M&A contest
As buyouts gather pace, PE firms are often pitched against strategic buyers. What differentiator can a PE firm bring to the table as against a natural fit from a strategic buyer? How does such a contest affect valuation? Are PE firms at a natural disadvantage? Some buyout firms are also increasingly partnering strategic partners for M&As, is that a trend to watch out for?       

Gautam Gode, Co-Founder & MD, Samara Capital
Vikram Narula, Co-MD, The Carlyle Group
Sumit Jalan, MD, Credit Suisse Asia Pacific
Iqbal Khan, Senior Partner - Private Equity, M & A & General Corporate, Shardul Amarchand Mangaldas &Co
Sourav Das, Sr Finance Manager – Mergers & Acquisitions, Hindustan Unilever Limited
Moderator: Ankit Doshi, Special Correspondent, VCCircle

01:15PM -03:00PM
Networking Lunch & Close of Conference


Speakers

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Yogesh Mahansaria

Serial Entrepreneur (Co-founder Alliance Tire Group, Mahansaria Tyres; , former co-promoter Balkrishna Inds)
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Vijay Paradkar

Vice President (M&A), Mahindra & Mahindra Ltd
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Anil Raibagi

Senior Vice President and Global Head- M & A, Wipro Ltd
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Gautam Gode

Co-Founder & Managing Director, Samara Capital
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Subrata Kumar Nag

Group CEO & Executive Director, Quess Corp
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Manas Datta

Group CFO, Wockhardt
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Vikas Wadhawan

CFO, PropTiger.com
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Devki Nandan

SVP & Head - M&A, JSW Infrastructure Ltd.
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Sumit Jalan

MD, Credit Suisse Asia Pacific
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Varsha Jhawar

Head - M&A and Investment Banking, Alantra India
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Vikram Narula

Co-MD, The Carlyle Group
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Sourav Das

Sr Finance Manager-Mergers & Acquisitions, Hindustan Unilever Limited
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Roopal Kulsrestha

Partner - M & A, Private Equity & General Corporate, Shardul Amarchand Mangaldas &Co
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Iqbal Khan

Senior Partner - Private Equity, M & A & General Corporate, Shardul Amarchand Mangaldas &Co
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Vijay Madhav Paradkar

Vice President & Head of Mergers and Acquisitions, Mahindra & Mahindra Limited

Sponsors


Want to be part of it?

VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.


Venue :

Four Seasons Hotel, Mumbai

Date: June 26, 2019
Venue: Four Seasons Hotel, Mumbai


Do you have any queries?

Drop us a line and we will call you.