15 hours ago
WestBridge Capital has started a process to exit its investment in Star Health and Allied Insurance, Moneycontrol reported, citing unnamed sources.
The report said the private equity firm has asked investment banks to present proposals for a mandate to oversee the sale of its stake, with JPMorgan identified as the preferred adviser.
Based on the June quarter shareholding pattern, WestBridge holds around 40% of Star Health through Safecrop Investments India, a consortium set up by WestBridge, late investor Rakesh Jhunjhunwala and Madison Capital.
WestBridge requested expressions of interest from investment bankers a few weeks ago to run a sale process for its Star Health shares.
The source said that the size, structure and timing of any deal have yet to be decided and will depend on market conditions and investor interest.
#westbridge #process #allied
The report said the private equity firm has asked investment banks to present proposals for a mandate to oversee the sale of its stake, with JPMorgan identified as the preferred adviser.
Based on the June quarter shareholding pattern, WestBridge holds around 40% of Star Health through Safecrop Investments India, a consortium set up by WestBridge, late investor Rakesh Jhunjhunwala and Madison Capital.
WestBridge requested expressions of interest from investment bankers a few weeks ago to run a sale process for its Star Health shares.
The source said that the size, structure and timing of any deal have yet to be decided and will depend on market conditions and investor interest.
#westbridge #process #allied
3 months ago
Westbridge Week - Day 7
By the end of the week, Westbridge no longer felt overwhelming. It felt like possibility. They returned to the rooftop, not as strangers but as something steadier. Plans formed—study sessions, road trips, shared dreams they barely understood yet. Maya looked at her friends and realized she hadn’t reinvented herself; she had simply found people who let her be. And in that quiet realization, their story truly began.
By the end of the week, Westbridge no longer felt overwhelming. It felt like possibility. They returned to the rooftop, not as strangers but as something steadier. Plans formed—study sessions, road trips, shared dreams they barely understood yet. Maya looked at her friends and realized she hadn’t reinvented herself; she had simply found people who let her be. And in that quiet realization, their story truly began.
3 months ago
Westbridge Week - Day 6
The truth surfaced in the most ordinary way—a conversation overheard, a message clarified. Zoe apologized first, her voice softer than anyone had heard before. Maya forgave her, understanding how fear could twist perception. Ethan admitted he hated conflict, and Lucas joked that drama made better content—but not better friendships. They didn’t magically fix everything, but they chose to try again, which mattered more.
The truth surfaced in the most ordinary way—a conversation overheard, a message clarified. Zoe apologized first, her voice softer than anyone had heard before. Maya forgave her, understanding how fear could twist perception. Ethan admitted he hated conflict, and Lucas joked that drama made better content—but not better friendships. They didn’t magically fix everything, but they chose to try again, which mattered more.
3 months ago
Westbridge Week - Day 5
Campus rumors spread quickly, and misunderstandings followed. Zoe overheard something that made her question Maya’s honesty, and tension quietly grew. Ethan tried to mediate, while Lucas avoided choosing sides. The group’s easy rhythm faltered, replaced by awkward silences. That night, Maya sat alone, wondering if starting over meant losing people too. Growth, she realized, wasn’t always gentle.
Campus rumors spread quickly, and misunderstandings followed. Zoe overheard something that made her question Maya’s honesty, and tension quietly grew. Ethan tried to mediate, while Lucas avoided choosing sides. The group’s easy rhythm faltered, replaced by awkward silences. That night, Maya sat alone, wondering if starting over meant losing people too. Growth, she realized, wasn’t always gentle.
3 months ago
Westbridge Week - Day 4
Midweek stress hit hard. A surprise quiz left Ethan shaken, and Maya spent hours rewriting notes she already understood. Zoe pushed everyone to take a break, leading them to a late-night diner off campus. Between fries and milkshakes, laughter replaced anxiety. Lucas captured a blurry photo of them all smiling, later posting it with the caption: “We’re going to be okay.” For the first time, they believed it.
Midweek stress hit hard. A surprise quiz left Ethan shaken, and Maya spent hours rewriting notes she already understood. Zoe pushed everyone to take a break, leading them to a late-night diner off campus. Between fries and milkshakes, laughter replaced anxiety. Lucas captured a blurry photo of them all smiling, later posting it with the caption: “We’re going to be okay.” For the first time, they believed it.
3 months ago
Westbridge Week - Day 3
The group chat, accidentally named “Fire Alarm Survivors,” became their lifeline. ******* ignments piled up, but so did inside jokes. Maya opened up about her fear of not fitting in, and Zoe admitted she acted confident to hide her own doubts. Ethan revealed he was the first in his family to attend college, while Lucas confessed he wasn’t sure what he wanted at all. Vulnerability stitched them closer than any planned friendship could.
The group chat, accidentally named “Fire Alarm Survivors,” became their lifeline. ******* ignments piled up, but so did inside jokes. Maya opened up about her fear of not fitting in, and Zoe admitted she acted confident to hide her own doubts. Ethan revealed he was the first in his family to attend college, while Lucas confessed he wasn’t sure what he wanted at all. Vulnerability stitched them closer than any planned friendship could.
3 months ago
Westbridge Week - Day 2
Classes began with too many names and not enough coffee. Maya found herself in Intro to Psychology beside Ethan, who nervously joked about failing before it even started. Zoe dragged everyone to a campus club fair, insisting they “try everything once.” Lucas documented it all, turning small moments into shared memories. By night, they sat on the dorm rooftop, swapping stories about home, realizing how different—and similar—they all were.
Classes began with too many names and not enough coffee. Maya found herself in Intro to Psychology beside Ethan, who nervously joked about failing before it even started. Zoe dragged everyone to a campus club fair, insisting they “try everything once.” Lucas documented it all, turning small moments into shared memories. By night, they sat on the dorm rooftop, swapping stories about home, realizing how different—and similar—they all were.
3 months ago
Westbridge Week - Day 1
The first week at Westbridge University felt like stepping into a movie no one had rehearsed. Maya arrived with two suitcases and a quiet determination to reinvent herself. Her roommate, Zoe, was loud, fearless, and already friends with half the floor. Down the hall, Ethan struggled to ****** emble his desk, while Lucas livestreamed the chaos. By sunset, a fire alarm forced them all outside—strangers in pajamas, laughing awkwardly, not knowing this would be the start of everything.
The first week at Westbridge University felt like stepping into a movie no one had rehearsed. Maya arrived with two suitcases and a quiet determination to reinvent herself. Her roommate, Zoe, was loud, fearless, and already friends with half the floor. Down the hall, Ethan struggled to ****** emble his desk, while Lucas livestreamed the chaos. By sunset, a fire alarm forced them all outside—strangers in pajamas, laughing awkwardly, not knowing this would be the start of everything.
