IDFC agrees partial exit from India’s Green Infra
IDFC Alternatives will make a partial exit from Indian wind and solar power producer Green Infra after Singapore-based Sembcorp Utilities agreed to pay INR10.6 billion ($167 million) for a 60% stake in the asset.
Green Infra is one of the country's largest renewable energy groups with 665 megawatts of wind capacity in operation and under development, and a further 35 MW of solar assets. The projects are located...
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Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.