Investments
3i may invest $200 million in India's GVK
3i may invest up to $200 million into Indian infrastructure giant GVK Group as part of the company’s efforts to raise $250 million, with Actis potentially fronting the remaining capital to fulfill GVK’s target, local media reports.
VenturEast takes minority stake in Orion Edutech
VenturEast has reportedly picked up a significant minority stake in BPO training company Orion Edutech, which is allocating the stake as part of a first round of funding that will be used to expand its operations in both India and overseas.
Net4 India gets $1.7 million from Quilvest Group
Luxembourg Stock Exchange-listed PE firm Quilvest Group has infused INR8 crore ($1.7 million) in Net4 India Limited, a network and application services provider.
Inno Group refocuses Indian investments into in-house projects
Real estate and infrastructure-focused private equity firm Inno Group has shifted its investment strategy in India away from third-party investment in favor of its own development projects in the market in an effort to corral its risks.
Olive Telecom to raise funding from PE investors
Indian mobile handset and netbook manufacturer Olive Telecom has reportedly turned to private equity investors to raise capital for a large-scale expansion push.
Buchang Pharma gets $5 million from Navi Capital
Navi Capital reportedly invested $5 million in Shandong Buchang Pharmaceutical Co., Ltd. as part of a capital-raising process that included both foreign and domestic investors.
Sohu sells search engine Sogou stake to Alibaba, funds
China’s top e-commerce player Alibaba Group is to take a 16% stake in Sohu.com Inc.’s online search business Sogou as part of a deal that sees Alibaba and its Chairman Jack Ma, through a separate fund, buy preferred shares, while Sohu’s Chairman...
Temasek may co-invest with HDFC in India's Embassy Property
Singaporean SWF Temasek Holdings, with HDFC Property Ventures, is reportedly in talks with Bangalore-based real estate company Embassy Property Developments Ltd. over a possible $100 million investment deal, coming ahead of Embassy’s anticipated IPO...
Dhanuka Agritech to get $7.4 million from Lighthouse Funds
Lighthouse Funds is reportedly set to invest INR34 crore ($7.4 million) into publicly-listed Dhanuka Agritech, a producer of agricultural fertilizers, chemicals and seeds.
Al Salam opens Asia-focused MENA bank PE fund platform in Singapore
Al Salam Asia-Pacific, a subsidiary of Al Salam Bank-Bahrain, has opened in Singapore to focus on private equity investment in the region, with $500 million of the group’s capital already allocated for investment targeting deals of around $10-50 million...
Indian Angel Network to launch incubation center
India’s largest group of angel investors, Indian Angel Network Services, is set to launch an incubation center to assist an estimated 30 start-up ventures in its first year – a sizeable endeavor as the consortium has signed just 16 deals over the...
Aureos invests $4.16 million in Malaysia's TF Wholesale
The Aureos Malaysia Fund has made its third major investment since its 2007 launch, infusing $4.16 million in retail hypermarket chain TF Wholesale and Distribution Sdn Bhd.
India's Apollo Hospitals seeks private equity investment
Apollo Hospitals is looking to garner additional funding from private equity investors to the tune of INR3,000 crore in an effort to expand its reach in India, with the company’s Chairman suggesting that a partnership with Malaysian sovereign wealth...
Asian Lion invests Mindoro Resources,
Mining-focused PE fund Asian Lion has upped its stake in mineral explorer Mindoro Resources from 7.52% to 7.84% after purchasing more than 1.9 million shares.
IFC may take 20% of microfinance firm Ananya
Indian microfinance firm Ananya Finance For Inclusive Growth is looking to raise $32 million in an effort to grow its operations, and may receive nearly 30% of that target from the World Bank’s International Financial Corporation (IFC), according to...
SAIF Partners buys 22.98% stake in Huiyuan Juice Group from Danone
SAIF Partners has picked up a 22.98% stake in Chinese beverage company Huiyuan Juice Group, for approximately $260 million, more than one year after the Chinese government foiled Coca-Cola Co.’s bid to acquire Huiyuan for $2.4 billion.
Kotak PE to take minority stake in India's Diamond Power
Kotak Private Equity may take up to 10% in Indian power transmission and services company Diamond Power Infrastructure Ltd. for an undisclosed amount.
Soros seeks Dubai's BSE stake
Soros Fund Management, the investment vehicle of iconic investor George Soros, is looking to buy the 3.92% stake in the Bombay Stock Exchange held by Dubai Holdings, for around $40 million, according to reports.
Angel Broking seeks PE capital
Indian stock broking and wealth management firm Angel Broking has reportedly approached private equity firms to raise $64 million through the sale of a minority stake.
CDC to invest $30 million in India's Multiples
UK government-owned CDC Group, which supports economic development across India, has committed $30 million to Multiples Private Equity Fund I, the vehicle focused on investments across the country’s business sectors launched by former ICICI Venture...
Haldia Coke gets $26.6. million from Gaja Capital Partners
Mumbai-based PE firm Gaja Capital Partners has invested INR125 crore ($26.6 million) into Haldia Coke & Chemicals Pte. Ltd., a producer of metallurgical coke, with the aim of expanding its mining, metallurgical coke and power-production operations.
Tano, Halcyon may exit Sports Stadium to investors
Indian athletic- and lifestyle-wear retailer Sports Station, backed by private equity firms Tano Capital and Halcyon, is considering offering majority equity to a corporate investor or similar player in an effort to raise capital, according to local reports.
Rabo Equity invests $11 million for 20% stake in Vacmet India
Rabo Equity Advisors has taken a 20% stake in Vacmet India Ltd., a manufacturer of packaging films, for $11 million through funding from its $120 million India Agri Business Fund.
India's Cinemax seeks PE
Movie theater chain Cinemax India Ltd. is hunting for a private equity partner to help it raise INR150 crore ($32.1 million) to expand its business, according to local reports.