Growth capital
L Capital Asia invests in Italian footwear maker
L Capital Asia has acquired a minority stake in Italian high-end footwear manufacturer Vicini, working in partnership with L Capital Management, another PE firm supported by luxury goods conglomerate LVMH.
Tata Opportunities Fund commits $50m to Varroc Engineering
Tata Opportunities Fund has invested INR3 billion ($30 million) in Varroc Engineering, an Indian auto component manufacturer owned by Varroc Group.
CDC invests $28m in India's Ratnakar Bank
CDC Group has paid $28 million for a 4.8% stake in India’s Ratnakar Bank, which specializes in lending to small businesses. The bank has been seeking to raise around $60 million ahead of an IPO.
IFC to invest $85m in PepsiCo's India bottler
International Finance Corporation (IFC) is investing $85 million in Varun Beverages, the largest South Asian bottler for soft drinks giant PepsiCo.
Everstone invests $16m in India fashion house
Everstone Capital has invested INR1 billion ($16.6 million) in Indian fashion label RituKumar in return for an undisclosed minority stake.
ChrysCapital in cross-border IT play
LiquidHub might be described as characteristic of all ChrysCapital’s investments in the IT segment, yet at the same time the US and India-based digital consultancy represents the complete reverse of any other deal the PE firm has done.
LanzaTech forms Asian alliance
LanzaTech is a classic example of how a disruptive technology can attract investors from different geographies. Originally from New Zealand, the company has developed a technology for converting carbon dioxide into fuel and chemical products. This kind...
ClearVue keeps it fresh with Fruitday
“Surprisingly, the price of imported fruit is not necessary always more expensive than local fruit,” observes Harry Hui, managing partner of ClearVue Partners. “The reason is that in developed countries, the agricultural productivity is higher than...
India film funding: Bollywood bets
The rapid growth of India’s movie industry is drawing in private equity investors looking for exposure all along the value chain. Those unable to stomach the risk will aim for distribution rather than production
LeapFrog invests $29m in India’s IFMR Capital
LeapFrog Investments, a US-based specialist investor in financial services in growth markets, has invested $29 million in Indian non-banking finance company (NBFC) IFMR Capital.
Rabo Equity invests in Indian biotech firm
Rabo Equity Advisors' India Agribusiness Fund has invested INR750 million ($13 million) in Beloorbayir Biotech, a Bangalore-based drug developer.
Zoyi supports take-private of China's Camelot Information Systems
Zoyi Capital has announced its second deal in a week, completing a $20 million investment in Camelot Information Systems, a US-listed Chinese enterprise application and financial IT services provider.
ChrysCapital leads Series B for LiquidHub
India's ChrysCapital has lead a $53 million round of Series B funding for LiquidHub, a US-headquartered digital business consultancy.
China mobile app platform Wandouja gets Goldman funding
Wandougjia, a Chinese mobile app platform, has received an undisclosed sum in follow-on funding from Goldman Sachs to complete a Series B round of funding that saw new and existing investors commit $120 million in January.
ChrysCapital invests $20m in India's Torrent Pharma - report
ChrysCapital is said to have acquired a stake in Ahmedabad-based drug company Torrent Pharmaceuticals for around INR1.2 billion ($19 million).
Callista Capital, RW Media buy stake in India's Abundantia
Singapore-based Callista Capital and strategic investors RW Media have injected an undisclosed sum into Abundantia Entertainment, an independent motion pictures studio in India.
Temasek pays $5.7b for stake in Li Ka-Shing’s A.S. Watson
Temasek Holdings has agreed to buy a 24.95% stake in A.S. Watson, a health and beauty retailer owned by Hong Kong tycoon Li Ka-Shing, for HK$44 billion ($5.7 billion). A.S. Watson was seeking a dual listing in Hong Kong and London but this plan has now...
General Atlantic invests in India's CitiusTech
General Atlantic has invested in Indian healthcare technology services firm CitiusTech. Financial details were not disclosed but GA is understood to have paid around $110 million for a significant minority stake.
PE seeks post-election certainty in Indonesia – AVCJ Forum
Private equity investors are playing wait-and-see in Indonesia ahead of the country’s parliamentary and presidential elections this year, but they expect activity to rebound, in part driven by a more favorable economy and moderating valuations.
India's WestBridge to invest in Mayur Uniquoters
WestBridge Capital has acquired a 4% stake in Mayur Uniquoters, an India-based manufacturer of imitation leather, for INR400 million ($6.5 million), while agreeing to invest INR700 million in the firm via a preferential allotment.
L Capital Asia invests $25m in Taiwan skincare brand
L Capital Asia, a private equity firm backed by luxury goods conglomerate LVMH, has invested NTD750 million ($25 million) for a significant minority stake in Dr. Wu, a Taiwanese clinical skincare brand.
CITIC Capital invests $15m in China education play
CITIC Capital has invested over RMB100 million ($15 million) in a Series A round of funding for Chinese vocational training provider Shsun Education Group.
Kerogen enters PNG LNG space
Seven years after ExxonMobil began its feasibility study on commercializing gas resources in Papua New Guinea (PNG) through liquefied natural gas (LNG), the PNG LNG Project is poised to start delivering on its promise.
FidelisWorld takes the field with TechFront
The Indian Premier League (IPL) will literally enter new territory next month when the seventh season of the cricket tournament starts play in the United Arab Emirates – the first time the country has played host to such an event. The stadium chosen...