Articles by Holden Mann
Falcon Edge leads $225m round for India's Ola
Indian ride-hailing service Ola has raised $225 million in funding led by existing investor Falcon Edge Capital, in the opening tranche of a planned $500 million round.
Vertex, Sinar Mas lead round for Indonesia's HappyFresh
Vertex Ventures and Sinar Mas Digital Ventures have led a $12 million funding round for Indonesia-based online grocer HappyFresh.
India's PE-backed TeamLease files for IPO
Indian staffing services company TeamLease has filed for an IPO, providing a partial exit for backers Gaja Capital and ICICI Venture.
Eight Roads commits $15m to India's CredR
Indian used motorbike marketplace CredR has raised a $15 million Series A round from Eight Roads Venture, formerly called Fidelity Growth Partners.
ManpowerGroup teams up with CITIC PE to expand China business
CITIC Private Equity (CITIC PE) has formed a joint venture with Shanghai-based recruiting giant ManpowerGroup to expand the company's business in greater China.
Hong Kong freight services platform raises $14m
Hong Kong-based freight services platform Freightos has raised a $14 million Series B round from a clutch of investors.
Kalaari closes third India VC fund at $290m
Kalaari Capital has closed its third venture capital fund, Kalaari Capital Partners III, at $290 million. The fund will invest in early-stage Indian technology-oriented companies.
Kalaari leads $9m round for India's Industrybuying
Kalaari Capital has led a INR600 million ($9 million) Series B round for Indian B2B online marketplace Industrybuying.com, with participation by SAIF Partners and Beenext.
Carlyle buys stake in India's Metropolis Healthcare
The Carlyle Group has agreed to buy a 37% stake in medical diagnostics chain Metropolis Healthcare, ending a dispute among the company's current ownership.
Cisco commits $10m to Monk's Hill Southeast Asia fund
Cisco Investments has committed $10 million to Monk's Hill Ventures' latest Southeast Asia-focused venture capital fund.
Riverside's NZ animal health business completes bolt-on
Simcro, a New Zealand-based animal drug delivery firm controlled by the Riverside Company, has completed two bolt-on acquisitions.
Templeton backs Vietnam logistics player
Franklin Templeton Investments has committed $15.8 million to Indo Trans Logistics Corporation (ITL), a third-party logistics (3PL) and warehousing services provider in Vietnam.
CITIC Capital appoints healthcare specialist
CITIC Capital Partners has appointed Haipeng Zhang as a senior managing director, with the intent of focusing on healthcare investments.
Korea middle market: Behind the curtain
Korea’s middle market continues to blossom thanks to succession issues, restructuring and ambitions to expand overseas. But deals are struck in strict confidence – and GPs say that is how it should remain
Aspada, Qualcomm back India's Reverie with $4m
Aspada Investment Company and Qualcomm Ventures have committed $4 million in Series A funding to India-based local language software platform Reverie Language Technologies.
Carlyle's Siewert steps down from China Fishery board
Patrick Siewert, the representative of The Carlyle Group on the board of China Fishery Group, has stepped down from the board.
IHH buys PE-backed Global Hospitals for $194m
IHH Healthcare has agreed to buy India's Ravindranath GE Medical (RGE), which operates five hospitals under the Global Hospitals brand, for INR12.8 billion ($194 million) in cash.
India's PremjiInvest leads $82m round for US-based ServiceMax
PremjiInvest, the private investment firm for Wipro Enterprises Chairman Azim Premji, has led an $82 million Series F round for US-based field service software developer ServiceMax.
Gobi leads $5.7m Series A for Thailand's Eko
Gobi Partners has led a $5.7 million Series A round of funding for Bangkok-based Eko Communications, developer of workplace messaging app Eko.
India's StartupXSeed launches $4.5m venture fund
Indian seed-stage venture investment firm StartupXSeed has launched a VC fund, with an initial corpus of INR300 million ($4.5 million), to invest in Indian technology start-ups.
OCBC closes debut SME-focused PE fund at $392m
Singapore's OCBC Bank has closed its debut small and medium-sized enterprise-focused fund at S$550 million ($392 million).
Vogo buys Korean lifestyle product maker Bodyfriend
Vogo Investment has acquired a controlling stake in Bodyfriend, South Korea's largest maker of massage chairs and other lifestyle products, in a management buyout.
Denham, Nexif form SE Asia power investment platform
Denham Capital has partnered with Singapore-based power management company Nexif to form an investment platform that will commit more than $200 million to energy projects in Southeast Asia.
Times Internet backs Coursera, supports India expansion
Times Internet, an Indian internet and mobile service provider that has backed several local start-ups, has joined a $49.5 million first close of a Series C round for US-based online education provider Coursera.