Articles by Suhas Bhat
CVC seeks control of India healthcare player HCG
CVC Capital Partners is looking to acquire majority control of Indian cancer care center operator HealthCare Global Enterprises (HCG) in a deal that could be worth up to IN10.4 billion ($$138.9 million).
ADIA to invest $750m in India's Jio Platforms
Abu Dhabi Investment Authority (ADIA) has agreed to invest INR56.8 billion ($750 million) in Jio Platforms two days after Silver Lake announced plans to increase its stake in the company.
Kejora, SBI team up on early-stage Indonesia fund
Kejora Capital and Japan’s SBI Holdings have launched an early stage technology fund for Indonesia with a target of $30 millon.
Mubadala to invest $1.2b in India's Jio Platforms
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
Bessemer leads $20m Series B for India's DocsApp
Bessemer Venture Partners has led an INR1.5 billion ($20 million) Series B round for teleconsultation health platform DocsApp.
India's Info Edge targets $100m for debut fund
Info Edge India, the holding company for Indian jobs portal Naukri, is looking to raise INR7.5 billion ($100 million) for a debut venture capital fund.
Facebook, PayPal invest in Indonesia’s Gojek
Facebook and PayPal have joined an ongoing Series F round for private equity-backed Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek (formerly Go-Jek).
Singapore fintech launches SME exchange in Cambodia
PLMP Venture Capital (PLMP VC), an investor affiliated with a Singaporean financial technology firm, has launched a local exchange for small and medium-sized enterprises (SMEs) in Cambodia.
India’s Iron Pillar sells GP stake to US investor
Indian venture capital player Iron Pillar Capital Management has brought in US-headquartered real estate investment firm Nitya Capital as a strategic investor.
Deal focus: GoBear builds financial menu for Southeast Asia
GoBear, a Singapore-headquartered financial services platform, believes it can create financial products suitable for consumers and institutional partners alike
Coronavirus & due diligence: Split screen
Finding the right balance between offline and online communication for completing due diligence processes is a tricky endeavor for PE and VC investment professionals in Asia
Singapore's Antler launches India operation, targets $50m fund
Singapore-based start-up incubator Antler will launch operations in India later in the year and plans to raise upto $50 million to invest in start-ups in the country.
Temasek-owned Fullerton India gets parent funding
Fullerton India Credit (FICC), an Indian non-banking financial company (NBFC) owned by Singapore's Temasek Holdings, has raised INR7.5 billion ($100 million) in funding from its parent.
Sequoia, Hana lead Series A for micromobility start-up
Beam, a Singapore-headquartered ride-sharing platform for e-scooters, has raised $26 million in a Series A funding round led by Sequoia Capital India and Hana Ventures.
Basis Vectors launches $50m fund for SaaS investments
Basis Vectors, a US-headquartered investment firm established by the Indian founder of a VC-backed start-up, has raised a $50 million fund that will acquire and develop software-as-a-service (SaaS) companies.
KKR-backed IndiGrid acquires $41m transmission asset
India Grid Trust (IndiGrid), an infrastructure investment trust backed by KKR and GIC Private, has acquired a power distribution company in north India for INR3.1 billion ($134 million).
KKR targets stake in Philippine power developer
KKR has offered to acquire up to 9% of First Gen Corporation, a power plant operator in the Philippines, for PHP7.29 billion ($144 million).
Jio Platforms: Elephant in the room
India’s Jio Platforms has received substantial private equity backing as it looks to build a digital platform that is all things to all people, from cable to retail. Will it succeed?
Singapore’s GoBear raises $17m
Singapore-headquartered GoBear, a financial services platform focused on Asian consumers, has raised $17 million from Netherlands-based Walvis Participaties and Aegon
Deal focus: Shiprocket joins the tribe
US-based Tribe Capital sees similar qualities in Indian logistics aggregator Shiprocket as in other software-as-a-service stalwarts
India's Inventus backs EV manufacturer
Indian VC firm Inventus Capital has led a INR200 million ($2.6 million) funding round for local electric vehicle (EV) manufacturer Euler Motors.
IFC set to back Endiya's second India fund
The International Finance Corporation (IFC) plans to invest $10 million in the second fund raised by Endiya Partners, an early-stage venture capital investor based in India.
KKR to invest $1.5b in India's Jio Platforms
KKR has made its largest private equity investment in Asia to date with a commitment of INR113.6 billion ($1.5 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
ADQ launches $300m India, Southeast Asia VC fund
ADQ, a state-owned holding company in the United Arab Emirates, has launched an AED1.1 billion fund ($300 million) that will invest in Indian and Southeast Asian start-ups with expansion plans in the Middle East.