Articles by Holden Mann
Burda leads $19m round for Malaysia's Carsome
Burda Principal Investments, the investment arm of European technology and media company Hubert Burda Media, has led a $19 million Series B round for Malaysian online used car marketplace Carsome.
India's Prime closes third early-stage fund at $62m
Indian VC firm Prime Venture Partners has closed its latest early-stage fund at INR4 billion ($62 million).
Fenox joins Japan's Aisin for $50m automotive fund
US-based VC firm Fenox Venture Capital has partnered with Japan-based automotive parts and systems maker Aisin Group to launch a $50 million investment vehicle aimed at automotive-related technology start-ups.
China-India tech investments: A running start
The past 12 months has seen a long-expected surge of investments into India’s technology sector by Chinese financial and strategic investors. They are providing a significant boost to the local market
Cisco invests in IDG's latest India venture fund
Cisco Investments, the VC arm of US technology giant Cisco, has committed an undisclosed amount to the third fund of IDG Ventures India.
HDFC joins Series C for India's MedGenome
Indian listed financial institution HDFC has joined the Series C round for MedGenome, an India and US-based company focused on molecular biology research and diagnostics.
TA-backed TCNS files for India IPO
Indian women’s apparel retailer TCNS Clothing has filed for an IPO that will provide a partial exit for private equity investor TA Associates.
China credit assessment player gets $160m Series D
Chinese financial technology company Wecash has closed a $160 million Series D round led by Orix Asia Capital and Hong Kong-based property investment and development firm SEA Group.
Clearwater acquired by listed Canadian asset manager
Canadian asset manager Fiera Capital Corporation has acquired Hong Kong-based credit and special situations investor Clearwater Capital Partners.
Sea’s Nick Nash to step down, launch VC firm
Nick Nash (pictured), group president of Singapore-headquartered mobile internet and gaming platform Sea, will step down at the end of 2018 to launch his own regional VC firm.
Chinese GPs back AstraZeneca spin-out
A consortium led by Boyu Capital, 6 Dimensions Capital and Hillhouse Capital will invest up to $250 million in Viela Bio, a pharmaceutical research and development company being spun out from AstraZeneca.
Deal focus: Lightspeed boosts Udaan’s B2B drive
Lightspeed India Partners renews its commitment to B2B online marketplace Udaan and its emphasis on data-derived trustworthiness
AIIB set to support Indian sovereign wealth fund
The Asian Infrastructure Investment Bank (AIIB), a Beijing-based multilateral development bank aimed at supporting infrastructure projects in the region, plans to invest up to $200 million in the Indian government-backed National Infrastructure and Investment...
KKR part exits India's Coffee Day for $63m
KKR has sold the majority of its stake in Indian coffee shop and restaurant chain Coffee Day Enterprises for INR4.1 billion ($62.6 million).
Australia’s Foundry invests in Welleco
The Foundry, a private equity firm launched by executives from vitamin producer Swisse Wellness, has acquired a 25% stake in Welleco, a dietary supplement maker co-founded by supermodel Elle Macpherson (pictured).
CVC's Japan president to join Toshiba
Nobuaki Kurumatani, who has been president of CVC Capital Partners’ Japan operation for less than a year, is departing to become chairman and CEO of Toshiba Corporation.
PE-backed NBFC Indostar files for India IPO
Indostar Capital Finance (ICF), an Indian non-banking finance company (NBFC) backed by Everstone Capital and other PE investors, has filed for an IPO.
Fullerton leads $87m round for India's Lendingkart
Fullerton Financial Holdings has led an $87 million Series C round for Indian financial technology platform Lendingkart.
Australia consumer: Attitude adjustment
Demographic shifts are prompting Australian GPs to reevaluate domestic consumer plays with an eye toward processes rather than goods. Overseas markets are an increasingly important part of the equation
Omnivore India agri fund reaches $46m first close
Omnivore Partners has reached a first close of $46 million on its second fund targeting agriculture investments in India.
Lakeshore invests in Thai wellness brand
Lakeshore Capital has invested an undisclosed amount in Thailand-based personal care brand Panpuri.
India's Faering targets $200m for third fund
Indian GP Faering Capital is seeking $200 million for its third growth capital fund, with a hard cap of $250 million.
Intudo doubles debut Indonesia fund
Indonesian early-stage VC investor Intudo Ventures has raised $20 million for its debut fund - having closed the vehicle last year at $10 million but subsequently reopened it due to increased investor interest.
Naspers, Meituan-Dianping invest in India's Swiggy
Indian online food-ordering and delivery platform Swiggy has raised a $100 million Series F round led by South African internet giant Naspers Group, with participation by China-based online-to-offline (O2O) local services provider Meituan-Dianping.