Articles by Holden Mann
IFC proposes $20m investment in Indian MFI
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $20 million investment in Indian microfinance institution (MFI) RGVN Microfinance.
Japan's IMJ Investment rebrands as Spiral
Japanese GP IMJ Investment Partners has spun out from its corporate parent and changed its name to Spiral Ventures.
India's PE-backed Byju's gets $30m
Indian online education start-up Byju’s has received a $30 million investment from Verlinvest, an investment holding company created by the founders of Anheuser-Busch InBev.
Deal focus: Carlyle backs Delhivery's cutting edge
The Carlyle Group believes Delhivery has the business model, technology and management expertise to fill the gap in India's high-end e-commerce logistics market
True North invests $200m in India hospital chain
Indian private equity firm True North - formerly known as India Value Fund Advisors (IVFA) - has invested $200 million in domestic hospital chain Kerala Institute of Medical Sciences (KIMS).
KKR, CPPIB invest $953m in India's Bharti Infratel
KKR and the Canada Pension Plan Investment Board (CPPIB) have invested INR62 billion ($953 million) in the cell tower arm of Indian telecom services provider Bharti Airtel.
India's Intex launches VC fund, backs local mobile player
Indian electronics manufacturer Intex Technologies has launched a technology-focused venture capital fund and made its first investment in online media platform Rooter.
Deal focus: BlackBuck climbs the logistics ladder
BlackBuck receives $70 million in Series C funding as it continues its mission to cure the dysfunction in India's fragmented long-distance trucking industry
India's Kaizen reaches $44m first close on second fund
Indian education-focused GP Kaizen Private Equity has reached a first close of $44 million on its second fund.
Greenko receives $155m from GIC, ADIA
Singapore sovereign wealth fund GIC Private has joined the Abu Dhabi Investment Authority (ADIA) to invest $155 million in Indian renewable energy developer Greenko Energy Holdings.
VCs invest $33m in Japan's Dely
Jafco, YJ Capital, and Gumi Ventures have taken part in a JPY3.7 billion ($33 million) funding round for Japanese online food media start-up Dely.
Fairfax India buys stake in Bangalore airport
Fairfax India Holdings has completed its acquisition of a 38% stake in Bangalore International Airport for INR25 billion ($385 million).
Carlyle, Tiger invest $100m in India's Delhivery
The Carlyle Group has led an investment of more than $100 million in Indian delivery e-commerce logistics service Delhivery. Existing backer Tiger Global Management also took part in the funding round.
WestBridge invests $28m in India's CEAT
WestBridge Capital Partners has invested INR1.8 billion ($28 million) for a 3.5% stake in India-listed tire maker CEAT.
Sequoia, Fosun Kinzon invest $15m in India travel site Ixigo
Sequoia Capital has led a $15 million Series B round for Indian online travel marketplace Ixigo, with participation by Fosun Kinzon Capital, the investment arm of Chinese conglomerate Fosun International.
Aion acquires India's PlanetCast, Kubera exits
Aion Capital Partners, a special situations joint venture between Apollo Global Management and ICICI Venture, has bought a controlling stake in Indian broadcast technology services provider PlanetCast Media Services from investors including PE firm Kubera...
Sands Capital leads $70m round for India's BlackBuck
Sands Capital has led a $70 million Series C round of funding for Indian business-to-business (B2B) logistics technology start-up BlackBuck.
IFC set to back India's Pi Ventures
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of $3 million to the artificial intelligence (AI)-focused debut fund of Indian VC investor Pi Ventures.
Due diligence: Behind the curve
Gaining an accurate impression of an industry is vital for investors, but this can be difficult in markets where information is patchy or unreliable. Those who hope to prosper must learn to judge data carefully
India's Flipkart raises $1b in downround – report
Indian e-commerce giant Flipkart has reportedly raised a $1 billion round of funding at a valuation of about $10 billion – a drop from $15 billion as of its previous round.
Everstone, Mayfield, others part exit India's SLCM
Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Bank have part exited their stakes in Indian agricultural logistics and financing firm Sohan Lal Commodity Management (SLCM).
Chinese logistics robot developer Geek+ secures $14m
Chinese logistics and warehousing robotics developer Geek+ has raised a RMB100 million ($14 million) round of funding led by Vertex Ventures China.
Australian seed investor launches $50m global fund
Australia-based VC investor Followtheseed has launched a $50 million fund to invest in global early-stage start-ups.
China's Makeblock gets $30m Series B round
Evolution Media China (EMC) and Shenzhen Capital Group have led a $30 million Series B round for Shenzhen-based education and robotics start-up Makeblock.