Ascent Capital
Amazon leads Series D for India's FreshToHome
Amazon Smbhav Venture Fund, a USD 250m India-focused vehicle established by the US technology giant, has led a USD 104m Series D round for direct-to-consumer fresh fish and meat delivery platform FreshToHome.
FTX: Crypto dismisses another deathblow
An emerging technology giant has imploded. Regulations are set to tighten. Investors hit pause but remain confident about the long-term outlook. Business as usual in crypto
India's MyGlamm raises $150m Series D
Good Glamm Group, operator of Indian direct-to-consumer beauty marketplace MyGlamm, has raised a $150 million Series D round led by Warburg Pincus and Prosus Ventures.
Myanmar: Asia’s anguish
Myanmar has proven unique among Asia’s frontier markets in terms of volatility and risk. As its ongoing humanitarian and political catastrophe deepens, a sense of helplessness has taken root
Myanmar's Ascent appoints two managing partners
Myanmar-based private equity firm Ascent Capital Partners has strengthened its leadership with the naming of two new managing partners. It follows a final close for the firm’s debut fund.
Ascent closes debut Myanmar fund at $88m
Ascent Capital has closed its debut Myanmar growth fund with $88 million in commitments. It is said to be the largest private equity fund dedicated to the country.
Deal focus: Ascent envisions 10-year Myanmar play
In internet service provider Frontiir, Ascent Capital believes it has a portfolio company that can deliver profit and positive social impact in Myanmar
Ascent Capital backs Myanmar internet provider Frontiir
Ascent Capital, a Singapore-based private equity firm, has made its debut investment in Myanmar by leading a $26 million commitment to internet service provider (ISP) Frontiir.
India LPs: Patient capital
Despite favorable regulatory moves in recent years, Indian financial institutions remain reluctant to invest in private equity. Investors see room for optimism, but they know they are in for a long wait
India's VC-backed Newgen files for IPO
India-based business management services provider Newgen Software Technologies has filed for an IPO that will provide exits for Ascent Capital, IDG Ventures India and SAP Ventures.
True North invests $200m in India hospital chain
Indian private equity firm True North - formerly known as India Value Fund Advisors (IVFA) - has invested $200 million in domestic hospital chain Kerala Institute of Medical Sciences (KIMS).
India's VC-backed Citrus Pay sold to Netherlands strategic
Citrus Pay, an India-based online and mobile payment solutions developer backed by Sequoia Capital, Ascent Capital and Beenos, has been acquired by Netherlands-based rival PayU.
Abraaj leads $150m round for India’s BigBasket
Dubai-based Abraaj Group has led a $150 million funding round for Indian online grocery business BigBasket.
India's Robosoft gets Series B round, spins out subsidiaries
Indian mobile app developer Robosoft will spin off its subsidiaries after receiving a INR740 million ($11.8 million) Series B round led by Ascent Capital, with participation by existing investor Kalaari Capital.
IDG, Ascent invest in India's Newgen, Headland exits
IDG Ventures India and Ascent Capital have acquired a minority stake in Newgen Software Technologies, a Dehli-based business management services provider, for INR1.1 billion ($17.6 million). The investment facilitates the exit of Headland Capital Partners.
Ascent Capital invests $3.7m in CARE Ratings
Ascent Capital will invest INR250 million ($3.69 million) in Indian credit rating agency Credit Analysis and Research (CARE)
Anubha Shrivastava leaves CDC
Anubha Shrivastava has left CDC, the UK government's development finance arm, where she served as managing director with responsibility for Asia investments.
Standard Chartered PE commits $22m to India’s Karaikal Port
Standard Chartered Private Equity (SCPE) has invested INR1.3 billion ($22.8 million) in Karaikal Port, a unit of Indian infrastructure and real estate company Marg Group. It joins existing PE shareholders IDFC Project Equity, Ascent Capital Advisors and...
Jacob Ballas injects $38m in Marg Karaikal Port
Private equity firm Jacob Ballas Capital has provided Marg Karaikal Port, a unit of infrastructure and real estate company MARG, with a $38 million cash boost.
Ascent invests $10m in Indian online grocery store
Ascent capital has committed $10 million to a series A funding round for Bigbasket.com, an Indian online grocery store. The transaction is said to be the largest ever Series A round for an e-commerce company as well as the first institutional investment...
PE-backed spices firm VKL in talks with Olam
Indian spices processor Vallabhadas Kanji (VKL), of which Argonaut Private Equity and Ascent Capital are minority backers, is close to securing a strategic investment agreement with agricultural commodities giant Olam.
Ascent Capital commits $45m to Karaikal Port expansion
Ascent Capital will inject $45 million into Karaikal Port as part of an INR7 billion ($153 million) expansion plan that will see a six-fold increase in the port’s capacity to 28 million metric tons. This is the port’s second round of private equity...