Articles by Holden Mann
Deal focus: True North keeps healthcare ball rolling
Having turned down Kerala Institute of Medical Sciences once due to potential conflicts of interest, True North moved quickly to deploy $200 million when presented with a second opportunity to invest in the hospital chain
Mahindra leads $21m round for India's Medwell
Mahindra Partners has led a $21 million Series B round for Indian home healthcare start-up Medwell Ventures, operator of Nightingales Home Health Services.
China outbound M&A: The smarter money
Despite regulatory curbs on Chinese outbound investment, companies are still interested in M&A opportunities – and they are pursuing less high-profile assets with greater sophistication
L Catterton-owned Seafolly makes South America bolt-on
L Catterton Asia, the Asia arm of global consumer-focused GP L Catterton, has purchased Colombian beachwear brand Maaji in a bolt-on acquisition for its Australian swimwear brand Seafolly.
Capital Square agrees Essar BPO carve-out
Singapore-based Capital Square Partners has agreed to acquire business process outsourcing (BPO) service provider Aegis from Indian conglomerate Essar Group.
US PE firm sells Reliance Home Comfort to HK tycoon Li Ka-Shing
US-based PE firm Alinda Capital Partners has agreed to sell Canadian heating, ventilation and air conditioning (HVAC) firm Reliance Home Comfort to Hong Kong tycoon Li Ka-Shing’s Cheung Kong Property Holdings (CKP) for C$2.8 billion ($2.1 billion).
IFC proposes $20m investment in Indian MFI
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $20 million investment in Indian microfinance institution (MFI) RGVN Microfinance.
Japan's IMJ Investment rebrands as Spiral
Japanese GP IMJ Investment Partners has spun out from its corporate parent and changed its name to Spiral Ventures.
India's PE-backed Byju's gets $30m
Indian online education start-up Byju’s has received a $30 million investment from Verlinvest, an investment holding company created by the founders of Anheuser-Busch InBev.
Deal focus: Carlyle backs Delhivery’s cutting edge
The Carlyle Group believes Delhivery has the business model, technology and management expertise to fill the gap in India's high-end e-commerce logistics market
True North invests $200m in India hospital chain
Indian private equity firm True North - formerly known as India Value Fund Advisors (IVFA) - has invested $200 million in domestic hospital chain Kerala Institute of Medical Sciences (KIMS).
KKR, CPPIB invest $953m in India's Bharti Infratel
KKR and the Canada Pension Plan Investment Board (CPPIB) have invested INR62 billion ($953 million) in the cell tower arm of Indian telecom services provider Bharti Airtel.
India's Intex launches VC fund, backs local mobile player
Indian electronics manufacturer Intex Technologies has launched a technology-focused venture capital fund and made its first investment in online media platform Rooter.
Deal focus: BlackBuck climbs the logistics ladder
BlackBuck receives $70 million in Series C funding as it continues its mission to cure the dysfunction in India's fragmented long-distance trucking industry
India's Kaizen reaches $44m first close on second fund
Indian education-focused GP Kaizen Private Equity has reached a first close of $44 million on its second fund.
Greenko receives $155m from GIC, ADIA
Singapore sovereign wealth fund GIC Private has joined the Abu Dhabi Investment Authority (ADIA) to invest $155 million in Indian renewable energy developer Greenko Energy Holdings.
VCs invest $33m in Japan's Dely
Jafco, YJ Capital, and Gumi Ventures have taken part in a JPY3.7 billion ($33 million) funding round for Japanese online food media start-up Dely.
Fairfax India buys stake in Bangalore airport
Fairfax India Holdings has completed its acquisition of a 38% stake in Bangalore International Airport for INR25 billion ($385 million).
Carlyle, Tiger invest $100m in India's Delhivery
The Carlyle Group has led an investment of more than $100 million in Indian delivery e-commerce logistics service Delhivery. Existing backer Tiger Global Management also took part in the funding round.
WestBridge invests $28m in India's CEAT
WestBridge Capital Partners has invested INR1.8 billion ($28 million) for a 3.5% stake in India-listed tire maker CEAT.
Sequoia, Fosun Kinzon invest $15m in India travel site Ixigo
Sequoia Capital has led a $15 million Series B round for Indian online travel marketplace Ixigo, with participation by Fosun Kinzon Capital, the investment arm of Chinese conglomerate Fosun International.
Aion acquires India's PlanetCast, Kubera exits
Aion Capital Partners, a special situations joint venture between Apollo Global Management and ICICI Venture, has bought a controlling stake in Indian broadcast technology services provider PlanetCast Media Services from investors including PE firm Kubera...
Sands Capital leads $70m round for India's BlackBuck
Sands Capital has led a $70 million Series C round of funding for Indian business-to-business (B2B) logistics technology start-up BlackBuck.
IFC set to back India's Pi Ventures
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of $3 million to the artificial intelligence (AI)-focused debut fund of Indian VC investor Pi Ventures.