Indian automobile and heavy equipment component manufacturer Craftsman Automation has filed for an IPO. The International Finance Corporation (IFC) and Standard Chartered Private Equity will make partial exits in the offering.
According to the prospectus, Craftsman will issue an undisclosed amount of new shares for INR4 billion ($59 million), along with up to 4.4 million shares held by existing investors, including 1.6 million...
SeaLink Capital Partners has led a INR2 billion ($29 million) investment in Indian maternal and pediatric hospital chain Surya Children’s Medicare, providing an exit for OrbiMed Advisors.
Japan's governance reforms have given activist investors more leverage over underperforming companies. PE firms are well positioned to offer solutions to these targets in the form of carve-outs, privatizations, or partnerships
Chinese B2B pharmaceutical trading and education platform Yaoshibang has received RMB420 million ($65 million) in Series C funding across two tranches.
A group of VCs including China Growth Capital have agreed to invest $16 million in Ono, a China-based company that claims to be the creator of the first decentralized social network.