Articles by Holden Mann
Samara to buy India's Aditya Birla Retail
Samara Capital has agreed to buy Aditya Birla Retail (ABRL), the retail arm of India’s Aditya Birla Group, for an undisclosed amount.
AGIC exits Italian robotics business for $436m
AGIC Capital, a private equity firm focused on cross-border investments, has exited its stake in Italian robotics supplier Gimatic to US-based industrial products manufacturer Barnes Group for EUR370 million ($436 million) in cash.
KKR to buy Life Healthcare stake in India hospital JV
KKR has agreed to pay INR4.3 billion ($59.6 million) to South African hospital chain Life Healthcare Group for its stake in Max Healthcare, a hospital operator that it owns through a joint venture with Max India.
TPG, Goldman invest $70m in India's Livspace
Indian home design portal Livspace has raised $70 million in Series C funding led by TPG Growth, the middle market investment platform of TPG Capital, and Goldman Sachs.
Indian NPAs: Solvency strikes
With a series of highly publicized bankruptcy proceedings, government efforts to rein in India’s non-performing assets may finally be paying off. Investors expect a wave of turnaround opportunities
Chinese investors commit $50m to India’s Ola
Indian ride-hailing app Ola has raised a $50 million round of funding from Sailing Capital and the China-Eurasian Economic Cooperation Fund (CEECF), a vehicle backed by the Chinese government to support the One Belt One Road (OBOR) initiative.
CDPQ to invest $364m in CLP India
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest INR26.4 billion ($364 million) in CLP India, the India subsidiary of China’s CLP Holdings.
Q&A: Emerald Media's Paul Aiello
KKR-backed Emerald Media was formed to invest in Asia’s media landscape, but it has found a growing number of opportunities in technology. Managing Director Paul Aiello discusses how the sectors have grown together
OPIC commits $150m to Quadria healthcare fund
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, has committed $150 million to Quadria Capital II, the latest fund of healthcare-focused PE firm Quadria Capital.
Golden Gate closes SE Asia VC fund at $100m
Golden Gate Ventures has closed its third Southeast Asia-focused fund at $100 million. Like its predecessors, the oversubscribed fund will invest in start-ups using technology to disrupt traditional business models in the consumer sector.
Bain abandons buyout of Australia's BWX
Bain Capital Private Equity has abandoned its bid to acquire Australian skin and hair care product manufacturer BWX for A$810 million ($613 million).
Beijing blockchain gaming platform receives $40m
Cocos-BCX, a Beijing-based blockchain game development platform, has raised $40 million from a group of strategic and VC investors to support its expansion plans.
China Renaissance set for wealth management push
China Renaissance Holdings is planning an aggressive push into wealth management services, targeting high net worth individuals in China’s new economy, with proceeds from its upcoming Hong Kong IPO.
Indonesia fintech platform raises $24m Series B
Sequoia Capital India has led a $24 million Series B round for Moka, a developer of cloud-based point-of-sale (POS) systems based in Jakarta.
Vertex, Sistema lead $30m Series C for India's Kissht
Vertex Ventures, the VC arm of Temasek Holdings, has led a $30 million Series C round for Indian financial technology platform Kissht alongside Russian VC investor Sistema Asia Fund.
NSSK acquires operator of Japan's Thank You Mart chain
Japanese private equity firm NSSK has acquired Elsonic, operator of the Thank You Mart retail chain, for an undisclosed sum.
India's Lightbox Ventures seeks $200m for Fund III
Lightbox Ventures has raised $178 million for its third India-focused VC fund, which is targeting a final close of $200 million by the end of the year.
Southeast Asia VC: Partner propositions
Strategic investors, particularly from China, are playing a growing role in Southeast Asia’s technology scene. Venture capital investors in the region hope their portfolio companies can benefit from the rising tide
Franklin Templeton, Asia Alternatives to launch fund-of-funds
Franklin Templeton Investment and Asia Alternatives have agreed to form a joint venture that will provide bespoke global private equity fund-of-funds solutions.
TPG invests in India's RR Kabel
TPG Capital has taken a significant minority stake in Indian wire-maker RR Kabel with the goal of helping the company execute its domestic growth strategy.
IFC-backed Angel Broking files for India IPO
Indian financial services provider Angel Broking has filed for an IPO that will raise up to INR6 billion ($83 million) and provide a partial exit to the International Finance Corporation (IFC).
Singapore’s GreyOrange gets $140m Series C
GreyOrange Robotics, a developer of robotic e-commerce logistics systems, has raised $140 million in Series C funding - said to be the largest-ever round in the industrial robotics space.
Finch secures 2.7x return on Indonesia's Cermati
Early-stage technology investor Finch Capital has sold its minority stake in Indonesian financial technology developer Cermati to local conglomerate The Djarum Group, realizing a 2.7x return on capital in its first exit in Indonesia.
I Squared raises $7b for global infrastructure fund
I Squared Capital, an infrastructure-focused private equity firm, has closed its second global fund at the hard cap of $7 billion.