
India's PE-backed Dr Lal PathLabs files for IPO
Indian medical diagnostic service chain Dr. Lal PathLabs has filed for an IPO, providing part exits for its PE backers WestBridge Crossover Fund and TA Associates.
The company will offer up to 11.6 million shares, all of which will come from existing shareholders, according to the filing. WestBridge will sell up to 1.5 million shares in the offer, while TA Associates...
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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.