Articles by Andrew Woodman
NEA commits $5m to India's RezNext
New Enterprise Associates (NEA) has invested $5 million in India's RezNext Global Solution, a platform for managing hotel bookings.
Oman-India fund commits $15.3m to India's GSO Crop Science
The Oman India Joint Investment Fund (OIJIF) has invested INR950 million ($15.3 million) in GSP Crop Science, an Indian agro-chemicals company.
Riverside debuts in SE Asia with Malaysia chemicals deal
The Riverside Company has bought Malaysian chemical distributor Drex-Chem Malaysia (DCM) for an undisclosed sum in its first ever Southeast Asia investment.
Indian states ban VC-backed taxi apps following rape case
India's state governments have been instructed to ban all unregistered web-based taxi booking services - impacting VC-backed start-ups like Ola and TaxiforSure - following a rape involving a driver contracted by US-based Uber.
IFC to invest $100m in India's Axis Bank
The International Finance Corporation (IFC), an investment arm of the World Bank, has pledged to invest up to $100 million in India's Axis Bank.
AVCJ Awards: Exit of the Year - Mid Cap: United Cinemas
United Cinemas was struggling in the face of macro headwinds and low consumer confidence, but Advantage Partners’ saw the bigger picture and delivered blockbuster returns
AVCJ Awards: Deal of the Year - Venture Capital: Flipkart
Flipkart received $1 billion in funding from a consortium of investors in July. It is ammunition for the arms race currently consuming India’s e-commerce industry
Carlyle, Unison to exit Japan semiconductor firm Covalent
The Carlyle Group and Unison Capital are to exit their stake in Covalent Materials, a Japanese semiconductor materials manufacturer, to US ceramics group CoorsTek.
RBI to allow India's AIFs to invest overseas
The Reserve Bank of India (RBI) has said it will allow alternative investment funds (AIFs), to invest overseas.
Q&A: Rabo Equity Advisors' Rajesh Srivastava
Rabo Equity Partners is in the process of raising its second India agribusiness fund. Rajesh Srivastava, a managing director at the firm, offers his views on the tailwinds and headwinds driving the sector
Cool Japan funds invest $16.7m in ramen chain
The Japanese government-backed Cool Japan Fund has agreed to invest JPY2 billion ($16.7 million) in Chikaranomoto Holdings, the restaurant operator behind international ramen noodle chain Hakata Ippudo.
Tech valuations: Ill-fated inflation?
As valuations in the tech space continue to soar, comparisons are inevitably drawn with the dotcom bubble era. Asia can point to favorable fundamentals, but it remains to be seen whether the exuberance is justified
CITIC launches tender offer for Japan's Schott Moritex
CITIC Capital Partners has launched a tender offer to acquire a controlling stake in Schott Moritex Corporation, a Japan-based manufacturer of vision lenses for machines.
Japan PE acquires plastics manufacturer, elderly care business
Mid-market GP Japan Private Equity has acquired plastics manufacturer Sekisui Chemicals and care home services business Healthy Service via its third buyout fund.
PE investors to part exit as India's Sadbhav Infra files for IPO
Sadbhav Infrastructure Project (SIP), an Indian road and highways project developer, is looking to raise at least INR6 billion ($97 million) through an IPO, providing a partial exit for PE backers Xander and Norwest Venture Partners.
Sequoia, Nexus invest $3m in India food-ordering start-up
Indian food-ordering start-up TinyOwl Technology has raised $3 million from Sequoia Capital and Nexus Venture Partners in Series A round of funding.
Rabo reaches $80m initial close on India agribusiness fund
Agribusiness-focused Indian GP Rabo Equity Advisors has raised $80 million for its second fund - India Agri Business Fund II - and expects to reach the $100 million mark in the next few months.
India Angel Network opens Mumbai incubator space
India Angel Network (IAN) has opened a new co-working space in Mumbai to house a tech-focused start-up incubator program.
LPs to Indian GPs: Be disciplined, not opportunistic - AVCJ Forum
Indian GPs should stick more to their investment strategies and focus on pricing discipline rather than chasing opportunistic plays, LPs told the AVCJ Forum.
India VCs see early-stage explosion - AVCJ Forum
India has seen an explosion in early-stage investment opportunities but sorting the wheat from the chaff is a challenge, venture capitalists told the AVCJ Forum.
CITIC to build China construction education business
The evolution of China's education market can be divided into three periods that have, so far, delivered distinct kinds of companies. Phase one was the IPO boom of 2006-2008 when service providers focused on overseas studying and professional qualifications...
India to remain a growth capital market, despite rise in buyouts - AVCJ Forum
Buyout deals are becoming more common in India but the country will continue to be a market for minority transactions, industry participants told the AVCJ India Forum.
WestBridge invests $16m in Indian housing finance company Aptus
WestBridge Capital Partners has invested INR980 million ($16 million) in India Aptus Value Housing Finance, an affordable housing finance company.
CVC invests $150m in Marubeni's Japan broadband business
CVC Capital Partners has acquired a 50% stake in enterprise-focused Japanese telecommunications carrier Arteria Networks - a unit of Japanese conglomerate Marubeni - for $150 million.