Expansion
Australia's PageUp People gets $10m from Accel-KKR
Accel-KKR, a Silicon Valley-based PE firm, has invested $10 million for an undisclosed stake in PageUp People, an Australian firm that provides software for tracking worker performance.
Ontario Teachers leads funding round for China's 360Buy.com
Ontario Teachers' Pension Plan (OTPP) has led a $300 million round of funding for 360Buy.com, China’s second-largest business-to-consumer e-commerce website by revenue.
SingTel Inov8 leads Series D round in mobile video firm Vuclip
SingTel Inov8, the venture capital arm of Singapore telecom giant SingTel, has led a $13 million round of series D funding in mobile video firm Vuclip.
Tata Capital to set up $1b fund with Power Finance
Tata Capital has teamed up with Power Finance Corp (PFC), an Indian power sector financing specialist, to set up a $1 billion private equity fund to invest in domestic power projects.
Peepul Capital backs Indian lingerie brand
Peepul Capital has committed INR700 million ($12.8 million) to lingerie and sportswear start-up Brandis Manufacturing and Marketing. The Bangalore-based company will use the funds to expand production facilities and build out its brand.
Asia fundraising: A divided market
Global and local players are in the market trying to raise new regional and country vehicles. The former can rely on institutional relationships and IR might to get the job done. The latter face a resources squeeze
Q&A: EQT Partners' Martin Mok
Martin Mok, a Hong Kong-based partner at EQT Partners Asia, talks to AVCJ about what slowing economic growth and slowing public markets mean for private equity investors in China
Carlyle in talks with Prizm for controlling stake – report
The Carlyle Group is reportedly in advanced talks with Sequoia-backed Prizm Payments, India's leading electronic payments service providers, for a controlling stake in the company. The deal is said to value Prizm at $225-250 million, which is equivalent...
Sequoia India invests $6.1m in pathology chain
Sequioa Capital has invested INR400million ($7.5 million) in Indian pathology services provider Suburban Diagnositic for a 30% stake.
Silk Road expects three Myanmar deals by year end
Silk Road Management expects to complete three investments in Myanmar by the end of the year, marking the Southeast Asian nation’s first private equity deals in about 20 years. The investments will be made via Silk Road’s Myanmar Human Capital Fund, which...
Bravia Capital in talks with SpiceJet
Hong Kong-based Bravia Capital, which focuses on investment in the transportation and logistics sector, is in talks to invest in Indian budget airline SpiceJet.
PE investors inject $50m into Huaxia Dairy
Olympus Capital has led a group investors including California Technology Ventures, Herostar Holdings and Grand River Capital in committing $50 million stake in Chinese milk producer Huaxia Dairy Farm.
Ten Network, CHAMP Private Equity agree Eye Corp sale
CHAMP Private Equity’s portfolio company oOh!media has agreed to pay A$113 million ($117 million) for Eye Corp, Ten Network Holdings’ outdoor advertising business. Last week it downsized its original offer of A$145 million to A$110 million.
Fidelity commits $74m to India's Trivitron Healthcare
Fidelity Growth Partners India has invested INR4 billion ($74.4 million) in medical technology firm Trivitron Healthcare. The funding will be used to make lateral acquisitions in Europe and the US as well as to improve the Chennai-headquartered company’s...
GE Capital to invest in Biocon's research services subsidiary
GE capital, the private equity arm of General Electric, has agreed to invest INR1.25 billion ($23 million) for a 7.69% stake in Syngene, a subsidiary of India’s Biocon.
ClearVue leads $20m round for Chinese beauty brand
Lumi, a leading nutritional beauty products firm in China, has raised RMB120 million ($20 million) of Series B funding led by ClearVue Partners. Fidelity, JAFCO and Capvent also participated in the round, along with existing shareholder, DCM.
Australia's RMB invests in card producer Placard
RMB Capital Partners, an Australian mid-market private equity firm backed by South Africa's FirstRand, has led an investment in Placard, a Melbourne-based producer of secure transaction cards. It is partnering with the existing owner and management team,...
Champ PE makes lower offer for Eye Corp
CHAMP Private Equity’s portfolio company oOh!media has made a revised offer of A$110 million ($114 million) for Eye Corp, Ten Network Holdings’ outdoor advertising business.
CRCI sells Grant Achieve Global stake to Olympus Capital
China Renaissance Capital Investment (CRCI) and the chairman of Chinese water treatment firm Grant Achieve Global (GAG) have sold a 40% holding in the company to Olympus Capital Holdings Asia and Anoi, a Hong Kong-incorporated enterprise.
Accel, Tiger Global back Series B round for India's Commonfloor
Indian real estate and apartment management portal Commonfloor.com has raised a second round of funding from Accel Partners, an existing investor, and Tiger Global Management.
CVC backs Australia's Mantra in Asia expansion
CVC Capital Partners will back Australian hotel group Mantra as it expands into Indonesia, Thailand and Papua New Guinea.
China Renaissance targets $750m for fund III
China Renaissance Capital Investment (CRCI) is targeting $750 million for its third fund. China Harvest Fund III will make growth capital investments in Chinese companies, taking equity stakes of up to $75 million.
SCPE thirsty for $32m Indian bottler deal
Despite its mammoth population - almost half of which is below the age of 30 – the per-capita consumption of soft drinks in India is one of the lowest in the world. For companies such as Varun Beverages (VBIL), which received an INR1.7 billion ($32 million)...
Affinity secures first Indonesia deal
Regional buyout firms have struggled to gain traction in Indonesia. In some cases, private equity investors have opened offices in Jakarta or Singapore and, years later, still haven’t a deal to their name. Affinity Equity Partners is no longer part of...
