Articles by Holden Mann
Everstone pays $33m for Indian drug firm
The Everstone Group has bought a majority stake in Indian pharmaceutical developer Rubicon Research for INR2.2 billion ($32.9 million), providing an exit for Kotak Private Equity.
Bain-owned APMG sells Southeast Asia assets
Asia Pacific Medical Group (APMG), a medical platform owned by Bain Capital, has agreed to sell Singapore and Malaysia-based plastic surgery brand The Sloane Clinic to China Medical (International) Group (CMIG).
MOPE to invest $16m in India's Dairy Classic
Motilal Oswal Private Equity (MOPE) will invest up to INR1.1 billion ($16 million) in Indian frozen dessert maker Dairy Classic Ice Creams.
Waterman invests in New Zealand-based My Food Bag
Waterman Capital has invested in New Zealand-based food delivery platform My Food Bag (MFB).
Temasek invests $250m in China healthcare venture
Singapore's Temasek Holdings has committed $250 million to hospital operator Columbia Pacific Management for a joint venture in China.
Chinese investors in $30m round for US genetic testing firm
Trustbridge Partners has led a $30 million Series B round for US-based genetic testing company Veritas Genetics.
Asia PE-backed IPOs: Fits and starts
Development has been inconsistent in Asia’s IPO markets, with frequent pacing issues and challenges unique to each region. But in the right hands, they can still be highly rewarding for PE investors
Australia-founded SafetyCulture gets $23m Series B
SafetyCulture, an Australia-founded developer of mobile software for safety inspectors, has raised A$30 million ($23 million) in Series B funding from a group of investors including Index Ventures and Blackbird Ventures.
Fidelity funds join $30m round for Singapore's Eywa
Eight Roads Ventures India and US-based F-Prime Capital - both of which are controlled by Fidelity - have joined a $30 million investment in Singapore and India-based drug manufacturer Eywa Pharma.
India's MakeMyTrip to buy Naspers, Tencent-backed ibibo
Indian online travel agent MakeMyTrip has agreed to merge with rival booking portal ibibo Group, which is backed by South African internet conglomerate Naspers Group and China's Tencent Holdings, in an all-stock deal.
Lok Capital backs India's Ummeed Housing Finance
Indian venture capital firm Lok Capital has led a $3.5 million Series A round for Ummeed Housing Finance, a Delhi-based low-income property finance company.
VC-backed FirstCry buys rival Babyoye
VC-backed Indian baby and child-focused retailer FirstCry.com has acquired rival children's store chain and e-commerce outlet Babyoye.
Brookfield to pay $1.6b in Indian cell tower deal
Brookfield Asset Management has agreed to buy the telecom towers assets of Reliance Communications for INR110 billion ($1.6 billion).
PE-backed Gong Cha Korea to acquire global parent
Gong Cha Korea, the Unison Capital-backed franchise of the global bubble tea franchise Gong Cha, will take a controlling stake in the Taiwan-based parent company.
Nexus commits $7m Series A funding to India's Postman
Nexus Venture partners has committed $7 million in Series A funding to Indian software development tool creator Postman.
Deal focus: Grana takes fashion to the information edge
With $10 million in Series A funding, Hong Kong fashion e-commerce business Grana is looking to accelerate expansion of its high-automation, low-cost and high-quality service offering
PE-backed Azure Power raises $61.4m in US IPO
Azure Power, an Indian solar panel company backed by several PE investors, has raised $61.4 million in its IPO on the New York Stock Exchange.
GM invests in VC-backed China car-sharing platform
General Motors has bought a stake in Chinese car-sharing company Yi Wei Xing, which is backed by Langmafeng Ventures and Fujian Huaxing Venture Capital.
Thai strategic buys stake in PE-backed US restaurant chain Red Lobster
Thailand-based seafood supplier Thai Union Group has invested $575 million in Red Lobster, a US-based seafood restaurant chain majority-owned by Golden Gate Private Equity.
Abacus, Gaw partner on Australia real estate fund
Hong Kong-based private equity real estate investor Gaw Capital Partners has partnered with Australia's Abacus Property Group on an Australia-focused real estate fund.
Morgan Stanley invests $46m in Thailand diaper maker DSG
Morgan Stanley Private Equity Asia (MSPEA) has invested THB1.6 billion ($45.6 million) in DSG International Thailand, a maker of baby and adult diapers.
CLSA acquires Japanese BPO firm
CLSA Capital Partners has acquired Japanese business process outsourcing (BPO) company Outsourcing Investments (OSI).
Profile: Saama Capital's Ash Lilani
Ash Lilani of Saama Capital has seen India’s VC community develop from pure growth deals to support a population of true entrepreneurs. Now he hopes to help the country keep building on its strengths
KKR platform Emerald Media commits $50m to Indian streaming site
Emerald Media, a pan-Asian media and entertainment investment platform founded by KKR, has committed $50 million to India and US-based video-streaming provider YuppTV.