Articles by Andrew Woodman
IDFC Alternatives invests $18m in Manipal Servicecorp
IDFC Alternatives has invested INR1 billion ($18million) in Manipal Servicecorp, a Manipal Group subsidiary that offers housekeeping and catering services to student hostels.
Abraaj-backed Network International buys Indian remittance firm
Abraaj Capital-backed Network International has acquired a majority stake in TimesofMoney, an India-based online remittance company.
India Infoline fund invests $20m in Gurgaon, Mumbai projects
India Infoline (IIFL) has invested INR1.1billion ($20 million) in two residential projects in Mumbai and Gurgaon, through its IIFL Domestic Series I fund.
IncuCapital backs genetic diagnostic start-up
IncuCapital, an incubation and early-stage investment firm, has invested an undisclosed amount in Mumbai-based genetic diagnostics and research start-up Navigene Genetic Science. IncuCapital’s Surojit Nandy will join the Navigene board.
CyberAgent Ventures backs Vietnam food review site
CyberAgent Ventures has made an undisclosed commitment to Vietnamese food review site, Foody. The venture capital arm of Tokyo-based internet firm CyberAgent made the investment through its CA Asia Internet Fund I, a Southeast Asia-focused VC vehicle....
One97 Mobility Fund backs Indian mobile payment player
One97 Mobility Fund has invested an undisclosed amount in Mobiswipe Technologies, a mobile payment solution provider based in Mumbai.
Matrix India invests in Mewar Orthopaedic
Matrix Partners India has taken a minority stake in specialty healthcare provider Mewar Orthopaedic Hospitals for an undisclosed amount as part of a Series A round of investment.
Composition launches VinaLand counter-proposal
Composition Capital Partners, which is leading a shareholder revolt against the board of VinaLand - a Vietnam real estate fund - over reorganization plans, has now launched a counter-proposal.
Everstone, ICICI invest $23.5m in Sohan Lal Commodity
Everstone Capital and ICICI Bank's Emerging India Fund (EIF) have jointly invested INR1.3 billion ($23.5 million) in Sohan Lal Commodity Management as part of a Series C round of funding. The two investors now own stakes of 25.55% and 6.93%, respectively....
Co-investment: Friends with benefits
Co-investment deals have been on the rise in recent years, enabling GPs to take on bigger deals and offer LPs fee-less returns. What is driving this trend and are such deals always a good idea?
NewQuest to invest $140m in India
Secondaries specialist NewQuest Capital Partners expects to invest about $140 million in India - almost one third of its $400 million NewQuest Asian Fund I.
Australia's PageUp People gets $10m from Accel-KKR
Accel-KKR, a Silicon Valley-based PE firm, has invested $10 million for an undisclosed stake in PageUp People, an Australian firm that provides software for tracking worker performance.
Industry experts predict next 25 years of Asian PE - AVCJ Forum
The future of Asian private equity will see the rapid macro growth fuel the buy-out market while LPs demand more co-investment opportunities, said industry participants at the AVCJ Forum.
Squadron's Prasanna joins Morgan Creek in Shanghai
Anand Prasanna, known to many in the industry as Anand RP, will join Morgan Creek Capital Management as a director in their Shanghai office. He left his previous position as an investment director at Squadron Capital, an Asia-focused fund-of-funds, two...
Cross-border deals complicate the 'regional fund vs country fund' debate - AVCJ Forum
As GPs become more efficient at cross-border deals and invest across wider areas, industry participants say the regional funds versus country funds debate is becoming less clear cut.
Slowdown in IPO exits is boon for trade sales - AVCJ Forum
Public market volatility has more or less cutting off IPO exits and investors don't expect a turnaround in the short term. However, PE firms that target control deals are excited by the prospects for trade sales.
SingTel Inov8 leads Series D round in mobile video firm Vuclip
SingTel Inov8, the venture capital arm of Singapore telecom giant SingTel, has led a $13 million round of series D funding in mobile video firm Vuclip.
GPs must improve IR in tough fundraising environment - AVCJ Forum
It is imperative that GPs build better relationships with end investors if they hope to secure re-ups in an increasingly challenging fundraising environment, industry participants told the AVCJ Forum.
Investors give prognosis for healthcare investment in Asia - AVCJ Forum
Despite regulatory hurdles and a waning IPO market, the healthcare care sector is an increasingly attractive area of investment for venture capitalists.
China's innovative entrepreneurs are chasing Silicon Valley - AVCJ Forum
China’s venture capital industry may not yet be ready to rival Silicon Valley, but companies are still exhibiting strong growth and, in certain cases, pursuing business models as innovative as those found in the US.
Warburg Pincus backs India's Future Capital
Warburg Pincus' investment in Future Capital Holdings probably wasn’t the first private equity deal conceived on an evening flight from New Delhi to Mumbai and it almost certainly won’t be the last.
Western valuation criteria cannot be applied to Chinese PE - study
Valuation standards devised in Western markets cannot be automatically applied to Chinese companies due to the influence of factors such as due diligence, according to a new joint study released by German exchange organization Deutsche Börse and law firm...
Compostion Capital leads VinaLand shareholder revolt
Composition Capital is leading a large group of shareholders in Vietnam real estate fund VinaLand against a “reorganization” proposal by the company’s board.
Bain Capital wins Firm of the Year at 2012 AVCJ Awards
12th AVCJ Asia Awards: CVC’s Roy Kuan named PE Professional of the Year; Morgan Stanley Private Equity Asia takes Private Equity Deal of the Year; Inter-Asia’s Lewis Rutherfurd wins special achievement honor