Butalia, Panandiker forming KV Asia for India and Southeast Asia
Karam Butalia, former Global Head with Standard Chartered Private Equity Ltd., is forming a new Singapore-based platform, KV Asia Capital, to invest in Southeast Asia and India, and is seeking to raise some $500 million for its first fund, sources at the firm confirmed to AVCJ.
The other key founder of KV Asia, who is contributing the "V" to its name, is Vibhav Panandiker, also formerly with Standard Chartered but most recently Managing Director with JPMorgan Private Capital...
More on Southeast Asia
Latest News
Asian GPs slow implementation of ESG policies - survey
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.