Hexaware Technologies, an Indian IT services company majority-owned by Baring Private Equity Asia, has acquired US-based digital consultancy firm Mobiquity for a total consideration of $182 million.
The transaction is being carried out in two tranches, according to a regulatory filing, with an upfront payout of $131 million and deferred consideration of up to $51 million, contingent on earnouts. No...
Exits remain challenging in Southeast Asian private equity, but LPs see a growing willingness among the region’s GPs to take this difficulty into account when planning their investments.
Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
EBay has acquired a 5.5% stake in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
Switzerland-based private equity firm Vaalon Capital and Netherlands investor IFSD BV have provided a combined $15 million to Indian financial and enterprise services provider MyMoneyMantra (MMM).