Baring Private Equity Asia has agreed to buy Virtusa, a global business consulting and IT outsourcing company with major delivery centers in India and Sri Lanka, for approximately $2 billion.
The Virtusa board has endorsed a deal that will see Baring acquire all outstanding shares for $51.35 apiece, a 27% premium to the closing price on September 9, the last trading day before the offer was...
JD Health, the healthcare unit of Chinese e-commerce giant JD.com, has filed for Hong Kong IPO. The company’s backers include Hillhouse Capital, CPE, CICC Capital, and Baring Private Equity Asia.
General Atlantic has become the third global GP to double down on Reliance Industries’ plans to reinvent digital consumer services in India, following its earlier commitment to Jio Platforms with an investment in the conglomerate’s retail unit.
Green Monday, the Hong Kong plant-based food distributor behind the Green Common retail chain and OmniPork alternative meats, has raised its first institutional round of funding.
AVCJ's daily bulletin will not be published on October 1 or 2 due to consecutive public holidays in Hong Kong.