Articles by Holden Mann
Toshiba agrees $18b sale of chip unit to Bain consortium
Japanese conglomerate Toshiba Corporation has reached a final agreement to sell its Nand flash memory unit to a consortium led by Bain Capital for JPY2 trillion ($17.8 billion).
VCs back Thai fintech player Finnomena
Krungsri Finnovate, the VC arm of Thai financial institution Bank of Ayudhya, has led a $3.2 million Series A round for domestic financial technology start-up Finnomena.
Madison India raises $230m fund
Madison India Capital has reached a final close of $230 million on its latest fund, Madison India Opportunities IV.
Portfolio: ChrysCapital and LiquidHub
Despite coming in as a minority investor, ChrysCapital has been key to the overseas expansion of US-based LiquidHub. The firm credits its active collaboration and unique connections
Temasek in $300m round for Taiwan scooter maker
Singapore’s Temasek Holdings has joined a $300 million funding round for Taiwan-based electric scooter manufacturer Gogoro.
IFC considers $50m investment in India's Mahindra Lifespace
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $50 million investment in Indian developer Mahindra Lifespace (MLDL).
Indian PE-backed insurer SBI Life files for IPO
SBI Life, the life insurance subsidiary of the State Bank of India (SBI) whose backers include KKR and Singapore’s Temasek Holdings, has filed for an IPO.
Asus launches $50m cross-border VC fund
Taiwan-based hardware giant Asus has launched a $50 million VC fund aimed at helping US start-ups expand in Asia.
Energy storage: Held in reserve
Energy storage has the potential to benefit Asia’s renewable power developers and traditional utilities, but regulatory obstacles must be removed first. PE can help the industry over its current hurdles
Deal focus: Creador writes Indonesia health prescription
With a $45 million investment from Creador, Indonesian hospital chain Medikaloka Hermina is preparing its push to reach the country's underserved middle class
Toshiba, Bain sign MOU for chip unit - update
Japanese conglomerate Toshiba has signed a memorandum of understanding (MOU) with Bain Capital regarding the sale of its Nand flash memory unit to a consortium led by the PE firm.
Singapore's Insignia closes first fund at $25m
Insignia Ventures Partners, a Singapore-based VC firm founded by former Sequoia Capital India venture partner Yinglan Tan, has raised $25 million for its debut fund.
Deal focus: Gridtential charges up for Asia expansion
US-based Gridtential is looking to bring its innovative battery technology to Asian markets with the help of 1955 Capital and several strategic investors
ADB re-ups in OrbiMed's Asia healthcare fund
The Asian Development Bank (ADB) has invested $60 million in OrbiMed Asia Partners III, the third Asian private equity fund of healthcare-focused GP OrbiMed.
Southeast Asia's Zilingo gets $17m Series B
Sequoia Capital India and Burda Principal Investments, the VC arm of German internet conglomerate Hubert Burda Media, have led a $17 million Series B round for Thailand-based online fashion marketplace Zilingo.
TPG leads $161m round for India's Janalakshmi
TPG Capital has led a INR10.3 billion ($161 million) funding round for Indian microfinance lender Janalakshmi Financial Services.
Japan's J-Star exits pet services business
J-Star has made a full exit from Japanese pet services business Three Arrows to domestic GP Création Capital, its co-investor on the original deal.
IFC proposes $200m investment in Vietnamese bank
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering an investment of up to $200 million in listed financial institution Vietnam International Commercial Joint Stock Bank (VIB).
1955 Capital backs US-based Gridtential to expand in Asia
1955 Capital, a cross-border PE firm set up by former Khosla Ventures partner Andrew Chung, has led an $11 million Series B round for US-based energy storage technology developer Gridtential aimed at supporting its Asia expansion.
SoftBank Vision Fund leads $250m round for India's Oyo
SoftBank Vision Fund, the global technology investment vehicle managed by Japan’s SoftBank Group, has led a $250 million Series D round for Indian online hospitality platform Oyo.
VCs commit $11m to India's Lendingkart
A group of VC investors including Sistema Asia Fund has committed INR700 million ($10.9 million) to Indian fintech platform Lendingkart Technologies.
Creador invests $45m in Indonesia hospital chain
Creador has committed IDR600 billion ($45 million) to Indonesia-based hospital chain Medikaloka Hermina.
Q&A: Bain Capital Credit's Barnaby Lyons
Barnaby Lyons, managing director and head of Asia at Bain Capital Credit, discusses the opportunities available in the region’s private credit space and the changing attitudes of investors toward the space
Deal focus: Navis' Asia poultry play takes flight
Navis Capital Partners' bet on UK-based Cherry Valley Group seven years ago has paid off with a sale to two Chinese agribusiness investors