IFC
IFC proposes joining $700m round for Alibaba logistics unit
The International Finance Corporation (IFC) is considering investing up to $30 million in Best Logistics Technologies - a Chinese logistics business partly-owned by Alibaba Group - as part of a $700 million pre-IPO funding round.
PE-backed Ujjivan Financial Services files for India IPO
Ujjivan Financial Services, an India-based microfinance institution (MFI) that has been awarded a banking license, has filed for an IPO, which would facilitate exits for several private equity backers.
CPPIB, Temasek join $7b pre-IPO round for China's PSBC
Canada Pension Plan Investment Board (CPPIB) and Temasek Holdings have participated in a RMB45.1 billion ($7.5 billion) pre-IPO funding round for The Postal Savings Bank of China (PSBC)
IFC commits $25m to SBCVC's fifth China fund
The International Financial Corporation (IFC), the private investment arm of the World Bank, plans to invest $25 million in the latest fund raised by SBCVC, previously known as SoftBank China Venture Capital.
Deal focus: S Chand unlocks digital doors
IFC and Everstone support S Chand's plans to take India educational publishing firmly into the digital age
IFC, Everstone back India educational publisher
The International Finance Corporation (IFC) has led a funding round for Indian textbook publisher S Chand, with participation by existing investor Everstone Capital.
Lakeshore closes first Thailand fund at $60m
Lakeshore Capital Asia has closed its first Thailand-focused fund - one of the few such vehicles, if not the only fully institutional player - at $60 million.
IFC to invest $7m in VC-backed CL Educate
The International Finance Corporation (IFC) will invest $7 million in India's CL Educate, an education services company backed by Gaja Capital.
Southeast Asia cleantech: Shifting priorities?
Cleantech has struggled to establish itself in Southeast Asia due to lack of prioritization from both the public and private sectors. But investors can make headway if the projects appeal on a pragmatic basis
VC-backed Equitas files for India IPO
Indian microfinance institution Equitas Holdings has filed for an IPO, providing partial or complete exits for a number of VC and PE investors.
IFC to invest $25m in India's BigBasket
The International Finance Corporation (IFC), the investment arm of the World Bank, will commit $25 million to Indian online grocer BigBasket.
Fund focus: Lighthouse bets on consumer sophistication
India-focused Lighthouse Funds is looking to capitalize on consumers' concern for practical needs and their desire to build better lives for their families
Indonesia's Falcon House targets $300m for Fund II
Indonesian GP Falcon House Partners is targeting $300 million for its second fund and the International Finance Corporation (IFC) may once again come on board as an LP.
Deal focus: Portea takes healthcare to the home
Accel leads a $37.5 million round for Portea Medical, an India-based home healthcare business set up by the founders of TutorVista
LP interview: International Finance Corporation
The International Finance Corporation helps emerging managers in frontier markets get off the ground. However, the current priority is to back more established managers in more established markets
India home healthcare provider gets $37.5m
Accel Partners has led a $37.5 million Series B round for home healthcare start-up Portea Medical, with participation from the International Finance Corporation (IFC), Qualcomm Ventures, and Ventureast.
IHH buys PE-backed Global Hospitals for $194m
IHH Healthcare has agreed to buy India's Ravindranath GE Medical (RGE), which operates five hospitals under the Global Hospitals brand, for INR12.8 billion ($194 million) in cash.
Asia e-commerce: The next generation
Most of emerging Asia’s e-commerce giants faced a binary choice between the asset-heavy online retail and asset-light marketplace models. Now, though, investors have a more nuanced opportunity set
IFC to back Jungle Venture's second fund
International Finance Corporation (IFC) will invest up to $10 million in Singapore-based Jungle Ventures' second venture capital fund.
Tiantu leads $60m round for China electronics recycling site
Consumer-focused GP Tiantu Capital has led a $60 million Series C round of funding for Aihuishou, which claims to be the largest online electronics recycling platform in China.
SCPE, IFC, ADB back India affordable housing JV
Standard Chartered Private Equity (SCPE), the International Finance Corporation (IFC) and the Asian Development Bank (ADB) have formed an affordable housing joint venture with Indian real estate giant Shapoorji Pallonji.
IFC, Axon, Intel Capital commit $13.5m to India's NxtGen
IT infrastructure services provider NxtGen Technology has raised $13.5 million in Series B funding from International Finance Corporation (IFC), Axon Partners Group and Intel Capital.
IFC invests $35m in Indian energy-focused NBFC
The International Finance Corporation (IFC) has committed $35 million to infrastructure finance firm PTC India Financial Services (PFS).
Australia's Future Fund leads $40m round for India solar firm
Australia's Future Fund has led a $40 million investment in Indian Solar power company Applied Solar Technologies (AST). Existing investors Bessemer Venture Partners (BVP), Capricorn Investment Group and the International Finance Corp. (IFC) also participated.