WestBridge Capital Partners has invested INR1.8 billion ($28 million) for a 3.5% stake in India-listed tire maker CEAT.
Actis Capital has exited most of its stake in Indian infrastructure finance lender Infrastructure Development Finance Company (IDFC) for INR1.1 billion ($16.9 million).
The Asian Development Bank (ADB) will invest up to INR667 million ($10.1 million) in Indian microfinance institution (MFI) Satin Creditcare Network.
Singapore sovereign wealth fund GIC Private has invested about INR7.5 billion ($113.2 million) for a 13.4% stake in Indian mortgage lender Can Fin Homes.
The Carlyle Group has fully exited its stake in India’s Edelweiss Financial Services for INR8.7 billion ($131 million) in an open market transaction.
Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et placement du Québec (CDPQ) have paid INR23 billion ($337 million) for a 1.5% stake in India’s Kotak Mahindra Bank.
Chinese chauffeured car service provider Ucar, which is backed by Warburg Pincus and Yunfeng Capital, has raised RMB4.6 billion ($668 million) through a private placement on the National Equities Exchange and Quotation (NEEQ).
PAG Asia Capital has submitted a cash offer worth HK$4.7 billion ($612 million) for a 42.1% stake in Chinese industrial supply company Yingde Gases.
China-focused PE firm Welkin Capital has acquired a 15% stake in Hunan Guitaitai Camelia Oil Technology, a camellia oil specialty brand listed on the National Equities Exchange and Quotations (NEEQ), for RMB120 million ($17 million).
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China’s iQiyi.com, a video-streaming platform majority-owned by search giant Baidu, has raised $1.53 billion from a group of private equity investors through the sale of convertible notes.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed an investment of up to RMB130 million ($19 million) in Chinese listed bank Qiongzhong Rural Credit Cooperative.
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The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $57 million in Vietnam Prosperity Commercial Joint Stock Bank (VPBank).
EIG Global Energy Partners has invested in Senex Energy and will partner with the Australian oil and gas producer on several of its projects.
The International Finance Corporation (IFC), the private investment arm of the World Bank, plans to invest up to $150 million in Thai lender TMB Bank.
Warburg Pincus has invested INR8.2 billion ($120 million) for a 14% stake in Indian listed film and retail entertainment company PVR, providing a partial exit for Multiples Alternative Asset Management.
Shenzhen Youkeshu Technology, a Chinese B2B services provider that targets at cross-border e-commerce platforms, has completed a RMB400 million ($56 million) Series C round of funding led by Founder H Fund and CITIC Goldstone Investment.
TA Associates has invested INR1.72 billion ($25.5 million) in listed Indian drug ingredients manufacturer Shilpa Medicare.
Emerging markets-focused private equity firm Tridevi Capital has invested $20 million in India-listed energy exploration company Deep Industries.
CDH Investments has committed $110 million to Sunpower, a China-based and Singapore-listed company that designs and manufactures energy conservation equipment.
KKR and Temasek Holdings have agreed to invest INR18 billion ($266 million) for a 3.9% stake in SBI Life, the life insurance subsidiary of the State Bank of India (SBI).
Japan-based private equity firm Whiz Partners has agreed to invest JPY2.4 billion ($22 million) in Tokyo-listed software and marketing products developer Albert.
Singapore sovereign wealth fund GIC Private has invested INR3.4 billion ($50.3 million) in Capital First, an Indian non-banking financial company (NBFC) backed by Warburg Pincus.