South Asia

Q&A: Milestone Capital Advisors' Rubi Arya

The sudden death of Ved Prakash Arya in 2011 left Milestone Capital Advisors without a founder and figurehead. His widow, Rubi Arya, took up the reins. She tells AVCJ how the business is moving forward

India fundraising: Uphill battle
India fundraising: Uphill battle

Investor sentiment on India is weak, with LPs wary of re-upping with PE firms that have yet to prove their ability to return capital. But as underperformers drop away, life could be all the sweeter for the survivors

India agritech: Green shoots

India’s agricultural sector is fast-growing but inefficient. Private equity is well positioned to capitalize on the need for better technology, information and distribution

India buyouts: Ceding control
India buyouts: Ceding control

India emerged as and remains a predominantly growth capital PE market, but economic and generational factors have conspired to make domestic companies more open to a buyout proposition

Light at the end of the tunnel

Indian private equity has taken a beating in recent years. As the excesses of the industry’s overcrowded GP population catches up with the realities of a sluggish economy and a weakening currency, it is no surprise that fundraising has been slower in...

DFJ consolidates China operations

Draper Fisher Jurvetson’s (DFJ) Shanghai office will close as the firm consolidates its operations in China. Existing portfolio companies will continue to receive support and Hope Chen remains a managing director responsible for overseeing China investments,...

Virgin forms India JV with Cinema Capital Venture Fund

Richard Branson’s Virgin Produced media production company has entered into a partnership with Mumbai-based Cinema Capital Venture Fund and Tantrik Group, a media and entertainment asset management firm, to launch Virgin Produced India, which will develop,...

GIC to anchor Ascendas India realty platform

GIC Private will be the lead investor in an Indian real estate platform launched by Singapore-based Ascendas. The Ascendas India Growth Programme has a target size of S$600 million ($482 million) and will invest in real estate in India, focusing on business...

CDC, IDFC co-invest in India's Green Infra

CDC Group will invest up to $25 million in Green Infra, an independent renewable power producer backed by IDFC Alternatives. The GP will add another $23.89 million as part of a $125 million financing round.

Kedaara bucks India fundraising trend

It hasn't been a stellar year for India PE fundraising. Driven by a combination of disillusionment over past underperformance and uncertainty about the prospects for the domestic economy, until last week LPs had committed just $1.9 billion to domestic...

Voting opens for the AVCJ India Awards

Voting has opened for the 2013 AVCJ Indian Private Equity & Venture Capital Awards. The region’s private equity community has until November 22 to pay tribute to the leading fundraising, investments, exits, individuals and firms of the past 12 months....

Baring Asia completes India Hexaware deal

Baring Private Equity Asia has bought an additional 20% stake in IT and business process outsourcing services firm Hexaware Technologies for INR8.16 billion ($127.8 million) through an open offer.