Warburg Pincus has committed $100 million to CleanMax Solar, an Indian rooftop solar panel company backed by the International Finance Corporation (IFC) and Bessemer Venture Partners.
CleanMax will use the new capital to expand its market penetration in India and to enter new markets in the Middle East and Southeast Asia, founder Kuldeep Jain told The Economic Times. The company also...
Australia-based turnaround investor Allegro Funds has reached a final close on its third fund at the hard cap of A$290 million ($218 million) as well as raising A$92 million for a sidecar vehicle.
Cathay Capital Private Equity has launched a RMB1.5 billion ($227 million) China automobile sector fund with cornerstone investments from Yangtze River Industry Fund and French auto supplier Valeo.
Eight Roads Japan has led a JPY2.45 billion ($21.6 million) funding round Tokyo-based online media start-up Candee.
Baring Private Equity Asia has finalized an agreement to sell its majority stake in Korean construction materials business Halla Cement to Asia Cement.