Indian investors at the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia Forum forecast rising opportunities for control deals in the early 2020s.
“If you go back and look at returns from private equity ... returns were good typically in periods when liquidity was low, valuations are benign and it gives you an opportunity to come in,” said Utsav...
Swiggy, an Indian grocery delivery platform, has received $113 million in a Series I round led by Prosus Ventures, formerly known as Naspers Ventures and Food.
Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Suzanne Tavill, a Sydney-based managing director with StepStone Group, has been elevated to partner. It was one of four partner-level promotions made by the firm globally.
Minnesota State Board of Investment (SBI) is looking to commit $150 million to KKR’s fourth pan-Asian fund. This represents a step up from the $100 million it put into the manager’s previous vehicle.