Articles by Holden Mann
Kerogen to invest $63m in UK energy firm
Hong Kong-based energy investor Kerogen Capital has agreed to commit GBP44 million ($63 million) to UK-based oil and gas company Hurricane Energy.
Maverick leads $15m Series B for India's 1mg
Maverick Capital Ventures, the VC affiliate of hedge fund Maverick Capital, has led a INR1 billion ($15 million) Series B round for Indian online pharmaceutical platform 1mg.
India e-commerce: The return of red tape
India has unveiled significant changes to its e-commerce industry, allowing 100% foreign ownership of marketplaces but restricting these businesses control over pricing. Industry feedback is mixed
Deal focus: Kaizen backs loans for learning
Supported by Kaizen and Zephyr Peacock India, non-banking finance company Varthana wants to provide funding to Indian schools that would otherwise go without
TPG leads $150m round for India's Janalakshmi
TPG Capital has led a $150 million round of funding for Indian microfinance lender Janalakshmi Financial Services.
Tiger, IDG lead $30m Series C for India's NestAway
Tiger Global and IDG Ventures, along with Russian entrepreneur Yuri Milner, have led a $30 million Series C round for Indian online home rental start-up NestAway.
India's Varthana raises $14m Series B
Indian education-focused non-banking finance company (NBFC) Varthana has raised INR930 million ($14 million) in Series B funding, led by new investors Kaizen Private Equity and Zephyr Peacock India.
T. Rowe Price marks down Flipkart valuation
Mutual fund T. Rowe Price has marked down its valuation of Indian e-commerce giant Flipkart, along with a number of its other technology portfolio companies.
IFC commits $41m to Multiples' latest India fund
India-based GP Multiples Alternate Asset Management has received a commitment of up to $40.6 million from the International Finance Corporation (IFC), the investment arm of the World Bank, for its latest fund.
Chinese online grocer FreshMarket raises $38m round
Addor Capital has led a RMB249 million ($38 million) Series C round of funding for FreshMarket, an online grocery service based in China.
Gaw reaches $700m first close on Asia real estate fund
Hong Kong-based private equity real estate investor Gaw Capital has reached a first close of $700 million on its fifth Asia-focused real estate fund.
WestBridge offers $52m for controlling stake in India's DFM
WestBridge Capital Partners has made a public offer to pay INR3.4 billion ($52 million) for a controlling stake in Indian snack maker DFM Foods.
Alibaba buys majority stake in Rocket Internet's Lazada for $1b
Chinese e-commerce giant Alibaba Group has paid about $1 billion for a majority stake in Lazada, a Southeast Asia-based e-commerce platform founded by Germany's Rocket Internet, in a transaction that values the company at $1.5 billion.
India distress: Workout window
India’s distressed asset sector is seeing a surge in investor interest as regulators indicate support for a tougher approach by creditors. PE investors looking to enter this space must develop sustainable strategies
DSG reaches $35m first close on second fund - report
Indian consumer-focused private equity firm DSG Consumer Partners is said to have reached a first close of $35 million on its second fund.
Ally Bridge leads $150m round for US cancer treatment firm
San Diego-based cancer treatment developer Sorrento Therapeutics has raised about $150 million from a group of investors led by China-focused healthcare specialist Ally Bridge Group.
SSG buys 40% stake in India's Future Supply Chain
Special situations investor SSG Capital Management Group will pay up to INR5.8 billion ($87 million) for a 40% stake in Future Supply Chain (FSC), a supply chain and logistics subsidiary of India's Future Retail.
Monk's Hill closes Southeast Asia VC fund
Singapore-based Monk's Hill Ventures has closed its first Southeast Asia-focused fund above its target of $80 million, according to Managing Director Peng T. Ong.
Addor leads $70m round for China app developer
Addor Capital has led a $70 million round for Chinese Android-focused mobile app developer Holaverse.
Samara buys Adcock Ingram India for $23m
Samara Capital has paid INR1.51 billion ($22.7 million) for the Indian division of South African drug maker Adcock Ingram Holdings.
Australia's MLC loses private equity head
Natalie Meyenn has stepped down as head of private equity at MLC, the wealth management arm of the National Australia Bank (NAB).
Indonesia VC regulation: One step at a time
Indonesia’s government is serious about supporting VC investment, but regulatory inconsistency continues to slow development of the industry. Participants say engagement with major players is essential
Ally Bridge backs Chinese oncology-focused big data company
Healthcare-focused GP Ally Bridge Group has led a Series B round of funding for LinkDoc Technology, an oncology-focused big data company based in China.
WestBridge commits $12m to India's Relaxo
WestBridge Capital Partners has invested INR790 million ($12 million) in listed Indian footwear maker Relaxo Footwears.