Articles by Holden Mann
Sequoia, Nexus in $80m round for India’s Druva
Indian cloud data security and information management solutions provider Druva has raised an $80 million funding round from investors including Sequoia Capital India and Nexus Venture Partners.
Australia's PE-backed PARF acquires domestic wind farm
Coopers Gap Wind Farm, a power facility under construction in Australia, has been acquired by the Powering Australian Renewables Fund (PARF), a renewable energy-focused vehicle backed by QIC and Australia’s Future Fund.
VCs invest $6.4m in Japan's Monstar Lab
A group of venture capital investors including YJ Capital and Fenox Venture Capital has led a JPY700 million ($6.4 million) funding round for Japanese global outsourcing service developer Monstar Lab.
Gobi reaches $50m first close on Southeast Asia fund
Gobi Partners, a Shanghai-based venture capital investor focused on China and Southeast Asia, has reached a first close of $50 million on its latest Southeast Asia fund.
Carlyle merges India growth, buyout teams
The Carlyle Group has merged its growth and buyout teams for India in order to streamline operations in the country.
IFC proposes $5m commitment to Wavemaker Southeast Asia fund
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $5 million to Wavemaker Partners’ Southeast Asia-focused venture capital fund.
India's PE-backed Barbeque Nation files for IPO
Indian restaurant chain Barbeque Nation Hospitality has filed for an IPO that will provide an exit for its private equity backer CX Partners.
Data centers: The information edge
Asia’s booming online economies have created unprecedented demand for data center services, but private equity investors still must determine the best way to approach the industry
India's PE-backed Aster DM refiles for IPO
Indian hospital chain Aster DM Healthcare has refiled for an IPO in which its PE backer Olympus Capital Asia will make a partial exit.
VCs commit $9m to Japan blockchain platform
Nippon Technology Venture Partners, Fisco Capital, and ABBALab have committed $9 million to Japanese cryptocurrency platform Tech Bureau.
Australia’s LaunchVic terminates partnership with 500 Startups
LaunchVic, a start-up investment fund backed by the government of Victoria, has ended its planned partnership with 500 Startups in the wake of a sexual harassment scandal at the Silicon Valley-based accelerator.
SoftBank invests $2.5b in India's Flipkart
Japanese technology conglomerate SoftBank Group has invested $2.5 billion in Indian e-commerce giant Flipkart through the acquisition of primary and secondary shares.
Sequoia, Norwest lead $52m round for India's Five Star
Sequoia Capital and Norwest Venture Partners have led a INR3.3 billion ($52 million) Series C round for Indian non-banking financial company Five Star Business Finance.
KKR-owned Avendus buys India asset manager
Avendus Capital, an Indian financial services firm owned by KKR, has agreed to acquire Ocean Dial Asset Management, the UK-based investment manager of India Capital Growth Fund (ICGF).
Australia's Pepper accepts KKR credit unit's buyout offer
Australian mortgage lender and distressed debt servicer Pepper Group has accepted a buyout bid from KKR Credit Advisors (KCA).
India's goods and services tax: A fair fight
While India’s new goods and services tax regime has caused temporary dislocation, private equity players are confident that their portfolio companies are set for long-term success
Temasek leads $57m round for China biotech firm
Singapore’s Temasek Holdings has led a $57 million Series B round for Chinese drug developer Hangzhou Just Biotherapeutics (Just China).
VCs invest $12m in Indonesia's UangTeman
Indonesian consumer lending start-up UangTeman has raised a $12 million Series A round comprising equity and debt.
Kedaara to part-exit Mahindra Logistics through India IPO
Kedaara Capital will exit part of its stake in Mahindra Logistics (MLL), the logistics and transport service of India’s Mahindra & Mahindra, in a planned IPO.
InnoVen co-founders launch India venture debt fund
Ajay Hattangdi (pictured) and Vinod Murali, co-founders of venture debt firm InnoVen Capital, have established their own India venture debt business and are looking to raise a $155 million fund, including a $30 million greenshoe option.
Alibaba fund invests in Hong Kong bike-sharing service
Hong Kong bike-sharing start-up Gobee Bike has raised a $9 million Series A round from investors including the Alibaba Group’s Hong Kong Entrepreneurs Fund.
Deal focus: Fabhotels gets room to grow
Fabhotels has received $25 million in Series B funding from Accel Partners and Goldman Sachs to give India's budget hotel space a technology-enabled upgrade
Japan's KDDI to acquire VC-backed Soracom
Soracom, a Japanese internet of things (IoT) communications platform that has several VC backers, will be acquired by domestic telecom operator KDDI Corporation.
Goldman, Tennenbaum acquire Singapore's Conergy
Goldman Sachs Asset Management and Tennenbaum Capital Partners have acquired Conergy Asia & ME, the Singapore-based Asia Pacific branch of global solar power developer Conergy.