Articles by Suhas Bhat
GP Profile: Gobi Partners
China’s Gobi Partners has grown from a four-person team to an 11-office franchise. The coming decade will test the VC firm’s aspiration to become a pan-Asian enterprise
L Catterton recruits executive from India's CX Partners
Consumer-focused private equity firm L Catterton has hired Saurabh Mehta, formerly a partner at India’s CX Partners.
Beenext raises $160m for emerging markets, Japan funds
Singapore-based VC firm Beenext Capital Management has raised $160 million across two funds that will invest in start-ups in Japan and emerging markets.
Deal focus: Korean start-up disrupts the laundry
Korean on-demand laundry service Laundrygo will use its Series B funding to widen coverage within Seoul and improve automation levels at its facilities to further boost margins
Singapore's One Championship raises $70m
One Championship, a Singapore-based mixed martial arts (MMA) organization backed by Sequoia Capital India, has raised $70 million in funding.
India's VC-backed Postman raises $150m Series C
Postman, a software development tool creator with operations in India and the US, has raised a $150 million Series C round led by Insight Partners.
India's Happiest Minds Technologies files for IPO
Indian IT outsourcing company Happiest Minds Technologies, which is backed by J.P. Morgan Asset Management, has filed for an initial public offering.
L Catterton, TPG join PE backers of India's Jio Platforms
Equity commitments to Jio Platforms, the holding company for various internet and telecom assets owned by India's Reliance Industries, have now surpassed $13.5 billion following confirmation of investments by TPG Capital and L Catterton.
Nexus leads Series A for Indian enterprise automation platform
Nexus Venture Partners has led an $18 million Series A round for Jiffy, an Indian software start-up that helps companies automate back-office processes.
Deal focus: DocsApp eyes more than appointments
Following a $20 million funding round and a merger with an industry peer, India's DocsApp is working towards a long-term vision that goes beyond online health consultations
Q&A: Iron Pillar's Anand Prasanna
Anand Prasanna, a managing partner at Indian venture capital firm Iron Pillar, on building local companies that can be globally relevant, selling a GP stake, and the impact of COVID-19
Microsoft VC unit launches India operation
Microsoft Corporation's venture arm M12 has established a presence in India by opening an office in the start-up hub of Bengaluru.
Deal focus: Khatabook aspires to be shopkeeper's best friend
Khatabook, which helps India's small business owners track their transactions, has accumulated eight million users in the last two years. A recent Series B round is intended to help the company reach 30 million
Apollo, ICICI Venture end India special situations partnership
Apollo Global Management and India’s ICICI Venture have agreed to terminate Aion Capital Partners, a joint venture that manages a special situations fund in the country.
Vietnam's Propzy raises $25m Series A round
Gaw Capital and Softbank Ventures Asia have led a $25 million Series A funding round for Vietnamese real estate platform Propzy.
Golden Gate leads funding round for Gojek streaming service
GoPlay, the streaming service of Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek, has raised funding led by Golden Gate Ventures.
India's Unitary Helion rebrands as Arkam, reaches first close
Unitary Helion Ventures, an Indian VC firm founded by Rahul Chandra, has relaunched as Arkam Ventures and achieved a first close on its debut fund of INR3.25 billion ($43 million).
VC-backed Ayannah merges with India's ECAPS
Philippines financial services player Ayannah, which is backed by Golden Gate Ventures, has merged with India’s Electronic Cash and Payment Solutions (ECAPS).
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.