Complete silence in the board room. An investor leans forward and asks a question that has become more common in today’s environment: “How have you factored in geopolitical risk into your valuation?” This is when you need more than a…
Many Indian mid-market businesses saw an increase in their cost of capital between 80 and 120 basis points between 2022 and 2024. It’s interesting to see that operational inefficiencies or poor financial performance did not contribute to the increase. Rather,…