The Blackstone Group has agreed to acquire a majority stake in Indian packaging company Essel Propack (EPL) in a deal that could see the private equity firm pay as much as INR32.1 billion ($461 million).
Abu Dhabi Investment Authority (ADIA) and India’s National Investment & Infrastructure Fund (NIIF) have agreed to acquire a 49% stake in the airport businesses of India’s GVK Power & Infrastructure.
Petroliam Nasional (Petronas), Malaysia’s state-run oil and gas company, has agreed to acquire Amplus Energy Solutions, an Indian solar power developer backed by I Squared Capital.
TA Associates has acquired a significant minority stake in Indira IVF, an India-based provider of infertility services.
The Asian Development Bank (ADB) and education-focused Kaizen Private Equity have invested PHP1.6 billion ($31.5 million) in Phinma Education Holdings, the tertiary education arm of Philippines-based conglomerate Phinma.
Astroscale, a Japan-based space technology company focused on debris removal, has announced a $30 million extension to its Series D round, bringing the total raised to $80 million.
Coca-Cola Amatil (CCA), an Australia-listed food and beverage distributor for Coca-Cola and several other food brands, has established a branch of its venture capital unit Amatil X in Indonesia.
As demand for private equity grows among institutional investors globally, HESTA is focusing on building its internal unlisted assets expertise to connect with potential fund managers on their own terms
TPG Capital and Goldman Sachs have joined a S$450 million ($332.6 million) investment in AirTrunk, a Singapore-based provider of data center services.
Everstone Group acquires Sahyadri Hospitals to serve as the seed asset for a planned national healthcare delivery strategy
Indian renewable energy developer Avaada Energy has raised a INR10 billion ($144 million) investment from a consortium including the Asian Development Bank (ADB) and development institutions DEG and FMO.
India Resurgence Fund (India RF), a joint venture between Bain Capital Credit and Piramal Enterprises to invest in distressed assets in India, has agreed to invest up to INR9.9 billion ($144 million) in Indian pharmaceutical developer Panacea Biotec.
India’s Everstone Group has agreed to acquire a controlling stake in Sahyadri Hospitals, a portfolio company of IDFC Alternatives that operates eight hospitals in Maharashtra, for an undisclosed amount.
Tencent Holdings has led a HK$911 million ($116 million) investment in Hong Kong-listed e-commerce service provider China Youzan, with participation by Gaocheng Capital and Greater Bay Area Homeland Investments, operator of the Greater Bay Area Homeland...
Airwallex recently became Australia's newest unicorn following a $100 million Series C round, but the company's growth is largely based on an understanding of Chinese demand. Regional expansion is now the priority
Well-established as a manufacturer of choice for global cosmetics brands looking to tweak their products for the Japanese market, Tokiwa is now looking to go global. The Carlyle Group will provide assistance
Liquid.com, a Singapore-based cryptocurrency trading platform, has passed the $1 billion valuation mark with the first close of a Series C round led by IDG Capital.
The Indian government-backed National Investment & Infrastructure Fund (NIIF) has teamed up with Canada's Public Sector Pension Investment Board (PSP Investments) to launch a platform that will invest up to $2 billion in local toll road projects.
Hian Goh knows better than most Southeast Asian VC investors the cultural barriers that discourage the region’s entrepreneurs. With Openspace Ventures he aims to provide start-ups the support they need
Samara Capital has purchased a 50% stake in Indian cosmetics maker Blue Heaven Cosmetics for an undisclosed amount, its second investment in the personal care segment in as many weeks.
Sprng Energy, an Indian renewable energy platform backed by Actis Capital, has acquired a 194 megawatt portfolio of operating solar power assets from SP Infra, the infrastructure investment arm of Shapoorji Pallonji Group.
General Atlantic has acquired Indian pharmaceutical developer Rubicon Research. Everstone Group, the company's controlling shareholder, will realize a 4.5x return on the deal.
General Atlantic and Värde Partners have invested INR18.5 billion ($267 million) in PNB Housing Finance, the publicly listed mortgage subsidiary of India’s Punjab National Bank (PNB).
Indian online grocer BigBasket has raised $149.9 million from a group of investors including Mirae Asset Management, UK development finance institution CDC Group, and Alibaba Group.