IT infrastructure services provider NxtGen Technology has raised $13.5 million in Series B funding from International Finance Corporation (IFC), Axon Partners Group and Intel Capital.
South Asia | 02 Jul 2015 |
TA Associates will join India Value Fund Advisors (IVFA) to buy about 95% of Indian broadband service provider Atria Convergence Technologies (ACT). IVFA's India Value Fund III, ACT's current majority shareholder, will exit most of its stake and roll...
South Asia | 02 Jul 2015 |
Rahul Yadav, the controversial CEO of VC-backed Indian property portal Housing.com, has been ousted from the company.
People | 02 Jul 2015 |
Robert Petty, managing partner and co-founder at Clearwater Capital Partners, explains why a strong credit and special situations investment strategy in Asia often involves going against the grain
Distressed/Special Situations | 01 Jul 2015
Everyone is trying to get of the piece of tech story in India and US hedge funds are not different, but what will their entry into the early stage rounds mean for the broader venture capital industry
Technology | 30 Jun 2015
SAIF Partners and Accel Partners have together invested $10 million in India services marketplace UrbanClap.
Early stage | 30 Jun 2015 |
Indian private lender RBL Bank plans to raise up to INR11 billion ($173 million) through an IPO, providing a full exit for Beacon India Private Equity and a partial exit for Gaja Capital and Capvent.
South Asia | 29 Jun 2015 |
Cafe Coffee Day, an Indian coffee shop and restaurant chain backed by KKR, New Silk Route Partners (NSR) and Standard Chartered Private Equity (SCPE), is seeking to raise up to INR11.5 billion ($180 million) through an India IPO.
Exits | 29 Jun 2015 |
Manik Arora, founder and managing director of IDG Ventures India, will leave the venture capital firm.
People | 26 Jun 2015 |
Nokia Growth Partners has led a $15 million Series B round for Indian cloud-based analytics start-up Indix. Existing investors Nexus Venture Partners and Avalon Ventures took part in the round as well.
South Asia | 26 Jun 2015 |
Sequoia Capital and Kae Capital have led a INR350 million ($5.5 million) Series A round for Indian online logistics marketplace Porter, with participation from three strategic angel investors.
South Asia | 25 Jun 2015 |
Matrix Cellular, an Indian telecommunications company that caters to people traveling abroad, has filed for an IPO. This would allow a partial exit for private equity backer CX Partners.
Exits | 24 Jun 2015 |
Treebo, an Indian online budget hotel chain, has raised a $6 million Series A round led by Matrix Partners India and SAIF Partners.
South Asia | 24 Jun 2015 |
The Carlyle Group has committed $500 million to an upstream oil and gas start-up that will primarily focus on development and production opportunities in the Indian subcontinent.
Industrials | 23 Jun 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
25-26 June 2015, Conrad Hotel, Tokyo