Private equity has invested more than $100 million in India’s food service industry in the first half of 2011, the Franchise India and Federation of Indian Chamber of Commerce and Industry announced.
The Food Franchising Report 2011 found that pivate equity has a notable appetite for fast-food and mid-range restaurants, including venues that serve up burgers and pizzas, as well as specialty restaurants....
Indonesian VC firm Kejora Ventures has reached a first close of nearly $25 million on its second fund and plans to expand into Thailand with the support of one of its LPs, the Chareon Pokphand family, which controls local conglomerate CP Group.
Bain Capital Private Equity has made a partial exit from Australian accounting software developer MYOB, reducing its holding from 56.25% to approximately 39.1%.
China’s largest express delivery services provider SF Express, which is backed by several PE investors, has completed a backdoor listing in Shenzhen that values the business at RMB43.3 billion ($6.6 billion).
Kickstart Ventures and BPI Capital have joined their parent Ayala Group to buy a 49% stake in the Philippines business of online fashion retailer Zalora.