Articles by Holden Mann
India's Quick Heal, Parag Milk Foods file for IPOs
Indian security software developer Quick Heal Technologies and dairy firm Parag Milk Foods have filed for IPOs, seeking INR2.5 billion ($38 million) and INR3.25 billion, respectively. Parag has also raised an additional INR600 million from existing backer...
Sequoia, SAIF in $36m Series B for India's PepperTap
PepperTap, an India-based hyperlocal online grocery delivery start-up, has raised a $36 million Series B round led by online marketplace Snapdeal, with participation from existing investors Sequoia Capital and SAIF Partners.
PE-backed Infogain to buy India's Blue Star IT operations
Infogain, the US-based IT consulting firm backed by ChrysCapital, has agreed to acquire the IT operations of India's Blue Star Infotech (BSIL) for INR181 million ($27 million).
Asia PE recruitment: Building blocks
As private equity continues to evolve in Asia, GPs want to recruit people with a wider array of talents – but industry participants are split on what skills these new hires should focus upon, and where to find them
Creation, Everstone lead $15m round for India's SLCM
Everstone Capital and Creation Investments Capital Management have led a INR1 billion ($15 million) round for Indian agricultural logistics firm Sohan Lal Commodity Management (SLCM).
Qualcomm launches $150m India venture fund
Qualcomm Ventures, the VC arm of US semiconductor producer Qualcomm, has formed a $150 million fund to invest in Indian mobile and internet start-ups.
Standard Chartered PE ups stake in India's Prime Focus
Standard Chartered Private Equity has paid INR1.5 billion ($22.9 million) for a 9.74% stake in India's Prime Focus, a publicly listed company that provides creative and technical services to the visual entertainment industry. The purchase raises its stake...
Northern Light leads $12m Series B round for China's Teambition
Northern Light Venture Capital has led a $12 million Series B round for Chinese collaboration app Teambition, with participation by existing investors IDG Capital Partners, Vangoo Capital and Gobi Partners.
India's TVS Capital commits $12.9m to Prabhat Dairy
TVS Capital Funds has bought a 7.6% stake in recently-listed milk products manufacturer Prabhat Dairy, for INR850 million ($12.9 million).
Carlyle exits India's Elitecore to Sterlite
Indian optical fiber and power cable producer Sterlite Technologies has bought telecommunication software developer Elitecore Technologies from The Carlyle Group.
India home healthcare provider gets $37.5m
Accel Partners has led a $37.5 million Series B round for home healthcare start-up Portea Medical, with participation from the International Finance Corporation (IFC), Qualcomm Ventures, and Ventureast.
Chrysalix, HKSTP form clean energy partnership
Canadian VC firm Chrysalix Energy Venture Capital has partnered with the Hong Kong Science & Technology Parks Corporation (HKSTP) to support cleantech start-ups.
Deal focus: Allegro secures smooth TSC exit
Australia's Allegro nets a 2.4x return as Engie moves early for industrial services provider TSC Group
Deal focus: Hao recommits to hospital modernization
Hao Capital to support the continued roll-out of DJ HealthUnion's hospital IT solutions platform in China
ESG in infrastructure: Laying the groundwork
Environmental regulations in Asia are not keeping track with the needs of local markets. PE professionals say investors can take the lead in developing and enforcing necessary standards
Singapore's NRF commits $28m to VC funds
Singapore's National Research Foundation (NRF) will commit S$40 million ($28 million) to local venture capital funds through the third installment of its Early Stage Venture Fund (ESVF).
EMR Capital to buy Australian copper mine
EMR Capital has agreed to buy Australia's Mt. Gordon copper mine from its current owner, India's Aditya Birla Minerals, for A$15 million ($10.8 million).
India's Trifecta reaches $30m first close on venture debt fund
Trifecta Capital, the venture debt firm set up by former Canaan Partners Managing Director Rahul Khanna, has reached a first close of INR2 billion ($30 million) on its debut fund.
BlaBlaCar raises $200m for emerging markets push
Insight Venture Partners and Lead Edge Capital have led a $200 million Series D round for French ride-sharing start-up BlaBlaCar to fuel its push into emerging markets.
Olympus commits $40m to China's Tendcare Medical
Olympus Capital Asia has invested $40 million in Chinese private hospital manager Tian Jian Hua Xia Medical Group Holdings, or Tendcare Medical Group.
Allegro fully exits Australia's TSC Group to Engie
Allegro Funds has exited its majority stake in Australia-based industrial services provider TSC Group to multinational energy player Engie.
FountainVest leads $223m round in China's Fangdd.com
FountainVest Partners has led a $223 million Series C round of funding for Chinese online real estate services platform Fangdd.com.
Social and governance: A good neighbor
Social and governance issues may not command the same level of attention as environmental factors, but GPs are nevertheless highly aware of their importance - before and after making an investment
India's PE-backed Dr Lal PathLabs files for IPO
Indian medical diagnostic service chain Dr. Lal PathLabs has filed for an IPO, providing part exits for its PE backers WestBridge Crossover Fund and TA Associates.