Having found its sweet spot bridging the middle markets of Asia and Europe, AGIC Capital plans to stay there – although Fund II will move earlier to capture technology hardware post-commercialization
Korea’s VIG Partners has sold a 10% stake in funeral services provider Preed Life to Mastern Partners, a local PE platform, for KRW50 billion ($43.2 million).
PayU, a payments provider owned by South African conglomerate Naspers, has agreed to acquire 100% of Indian payments app BillDesk for $4.7 billion, setting up several private equity exits.
Tata Capital Innovations Fund is set to exit Indian industrial materials developer Pluss Advanced Technologies to a local conglomerate in a deal worth INR1.1 billion ($15.7 million).
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Insurance portal PolicyBazaar and online-offline cosmetics retailer Nykaa are the latest PE-backed businesses to file for India IPOs in a groundswell domestic public market support for tech start-ups.
India’s Chiratae Ventures has realized its largest-ever exit in terms of multiple with a zero-to-one leap of faith for local gaming studio PlaySimple
The lack of a reliable IPO channel is a longstanding exit obstacle for venture capital investors in India. Domestic listings may, unexpectedly, prove to be the answer
Paytm, India’s largest digital payments company, has filed for an INR166 billion ($2.2 billion) domestic IPO, setting up exits for several private equity investors.
Arrail Group, a leading Chinese dental chain that has raised about $400 million in private funding since 2010, has filed for a Hong Kong IPO.
Indian game studio PlaySimple has been acquired for about $360 million by Sweden’s Modern Times Group (MTG), setting up exits for Elevation Capital and Chiratae Ventures.
A consortium led by healthcare-focused Quadria Capital has invested in Indian topical drugs maker Encube Ethicals, facilitating an exit for Multiples Alternate Asset Management.
Direct secondaries specialist NewQuest Capital has acquired Indian animation studio Cosmos-Maya from Emerald Media, an Asian media platform backed by KKR.
NewQuest Capital Partners is exiting Integreon, a business process outsourcing (BPO) provider with a significant Asia footprint to US private equity firm EagleTree Capital.
ChrysCapital has exited Silicon Valley-based Infogain – an IT services provider that helped solidify the US-India cross-border opportunity set – to Apax Partners.
Advent International has offloaded its final 5.4% holding in Crompton Greaves’ India-listed household appliances business, ending a gradual exit after a failed takeover.
KKR has invested $95 million in Indian eyewear retail leader Lenskart via a secondary transaction that facilitated partial exits of undisclosed size for TPG Growth and TR Capital.
A selection of Australia-based assets that remain in the portfolios of Advent Partners, Anchorage Capital Partners, CHAMP Ventures, and Crescent Capital Partners
The imminent US listing of a Middle East and North Africa (MENA) media app via a special purpose acquisition company (SPAC) is helping legitimize the region for Asian private equity.
Partners Group is set to generate a 5x return on the sale of its 45% stake in GlobalLogic to Hitachi as momentum in corporate digital transformation makes the IT services player a hot commodity
New York makes an unexpected reappearance as the preferred IPO destination for Asian companies; the growth-stage tech investment revival continues; KKR lights up lackluster fundraising environment
Indian private equity firm True North has confirmed a partial exit from local insurance portal PolicyBazaar.
Partners Group and Canada Pension Plain Investment Board (CPPIB) are exiting a combined 90% stake in US-headquartered GlobalLogic to Japan’s Hitachi at an equity valuation of $8.5 billion.
Morgan Stanley Private Equity Asia (MSPEA) and Sihuan Pharmaceuticals have agreed to sell their 80% stake in China’s Huaiyin Hospital for RMB882.8 million ($134.3 million).