Articles by Holden Mann
Vertex to support parenting site's India expansion
Vertex Ventures, a VC subsidiary of Singapore's Temasek Holdings, has led a funding round for online parenting portal theAsianparent, bringing the total raised by the site to S$4.5 million ($3.3 million).
IFC proposes $20m investment in India's NxtGen Technology
The International Finance Corporation (IFC) is considering an investment of up to $20 million in Indian IT data center construction and management firm NxtGen Technology, in a deal that will involve both equity and debt.
Japan's Rakuten to acquire VC-backed US eBook firm
Japan's Rakuten will pay $410 million to acquire US-based digital book marketplace OverDrive from Insight Venture Partners, a US private equity and venture capital firm.
Chile's Grupo Arcano to invest $100m in Australian start-ups
Chilean private equity firm Grupo Arcano plans to invest up to $100 million over the next two years in Australian start-ups.
Vivo closes latest Sino-US healthcare fund at $750m
US-based Vivo Capital has closed its eighth fund at $750 million. It will invest in healthcare companies in the US and China.
Creador commits $24m to Indonesia's Bank Index
Creador Capital has paid IDR290 billion ($24 million) for a 20% stake in Indonesian lender Bank Index Selindo.
Elixir Capital backs Indonesian recycling firm
Elixir Capital has agreed to invest $4.5 million in Indonesian recycling company Bintang Makmur, through its ECM Straits Fund.
Indonesia reforms: The waiting game
Indonesia’s new president is still carrying goodwill from the investment community and has made some reassuring moves. Now investors are waiting to see if the new direction will pay off
Japanese ticketing platform gets $5m Series B round
Japanese online ticketing platform Peatix has raised $5 million in a Series B round of funding led by DG Incubation, with strategic investment from SPH Media Fund and Japanese media company Sunny Side Up.
PE investors exit India's SFO Technologies
IL&FS Investment Managers Limited (IIML), Franklin Templeton and Asia Mezzanine Capital Group (AMCG) have exited SFO Technologies, a leading Indian technology manufacturer.
Indian game developer Moonfrog raises Series A round
Indian mobile gaming start-up Moonfrog has raised $15 million in a Series A round of funding led by Tiger Global and existing investor Sequoia Capital.
Rocket Internet leads $110m round for Foodpanda
Emerging markets-focused food delivery app Foodpanda has raised another $110 million in a funding round led by its Germany-based parent Rocket Internet. A number of existing and new backers also took part.
Tiger Global, Accel commit $5m to India's ChargeBee
US-based Tiger Global has led a $5 million Series B round for India-based subscription billing system developer ChargeBee. Existing backer Accel also participated.
China's Alibaba to invest $200m in Snapchat - report
Alibaba Group plans to commit $200 million to US-based social network Snapchat.
Korea's SMBA, IDG form $91m VC fund
IDG Capital Partners and South Korea's Small and Medium Business Administration have agreed to form a KRW100 billion ($91 million) VC fund that will help Korean businesses enter the China market.
IFC leads $10m round for India eye hospital chain
International Finance Corporation (IFC) has invested $5.5 million in Indian eye clinic chain Eye-Q Vision, leading a round of financing for the company worth $10 million.
KV driven by more than a sweet tooth
With incomes rising and tastes becoming more refined, Asia represents a growing market for luxury goods. Chocolate is no exception. While supply problems are partly responsible for a 30% increase in global cocoa prices over the last two years, the 60%...
Kalaari invests $2.5m in India-based Codigami
Kalaari Capital has committed $2.5 million to Codigami, parent company of Indian social media manager app Crowdfire, in a Series A round of funding.
Chinese VC-backed hospital chain files for Hong Kong IPO
Pengai Hospital Management Group, a Chinese cosmetic surgery chain backed by CMHJ Partners, IDG Capital and TDR Capital, has filed for a Hong Kong IPO.
Alibaba leads $60 million Series C1 round for Quixey
Alibaba Group has led a Series C1 round of funding worth $60 million for US app search engine Quixey, as the Chinese e-commerce giant continues to ramp up its presence in the US tech sector.
Fosun buys $138 million stake in Thomas Cook
Chinese investor Fosun International has purchased a 5% stake in UK-based travel agent Thomas Cook Group for GBP91.8 million ($138 million).
Rocket Internet delivers Series A financing to Bridestory
Rocket Internet has participated in a Series A round of funding for Indonesian online wedding marketplace Bridestory. The size of the investment was not disclosed, but it is said to be between $1 million and $10 million.
Singapore’s GIC boosts stake in Merlin Entertainments
GIC Private has nearly doubled its stake in London-based Merlin Entertainments, operator of Madame Tussaud’s and Legoland, to 5.2%.
PE-owned AWAS to sell aircraft to Macquarie
AWAS Aviation Capital, which is owned by Terra Firma Capital Partners and Canada Pension Plan Investment Board (CPPIB), will sell an operating lease portfolio of 90 aircraft to Australia's Macquarie Group.