Sequoia Capital

Noah eyes $2.8b China real estate fund

Noah Holdings, the Shanghai-headquartered third-party financial advisory company, is seeking to launch a real estate fund worth as much as RMB18 billion ($2.85 billion). It will target cash-strapped developers who are seeking new sources of funding.

Sequoia part-exits Bona Film stake to company founder

Sequoia Capital has exited part of its stake in Bona Film Group to the company founder for approximately $16.5 million. The private equity firm agreed to sell 1.5 million ordinary shares to Dong Yu at $11 apiece, a premium of 5.6% over Bona’s closing...

DCM, Sequoia-backed Vipshop drops 15% on NYSE debut

Vipshop Holdings, a Chinese online retailer backed by Doll Capital Management (DCM) and Sequoia Capital, saw its stock close down 15% on its March 23 trading debut. The company priced its IPO on the New York Stock Exchange at $6.50, 23% below the indicated...

GIC commits $100m to Indian eye-care chain

Already worth $40 billion and expected to double in size with compound annual growth of 21%, India’s healthcare market is certainly on the radar of private equity investors. Hospitals and treatment centers – a play on rising domestic consumption and...

Spreadtrum commits $10m to India’s PE-backed Micromax

Chinese semiconductor manufacturer Spreadtrum Communications has invested $10 million in PE-backed Micromax Informatics, one of India’s largest mobile phone brands. As part of the deal, the companies have established a partnership that will see Spreadtrum...

GIC commits $100m to Vasan Healthcare

Government of Singapore Investment Corp. (GIC) has invested $100 million for a minority stake in Vasan Healthcare, which runs eye care hospitals across India. The transaction is the largest PE deal in the country's healthcare industry since Olympus Capital’s...

Baring, Sequoia invest $29m in Manappuram

Baring Private Equity Partners India and Sequoia Capital India have invested INR1.3 billion ($29 million) to increase their stake in Manappuram Finance, a non-bank financial company (NBFC) specializing in loans based on gold.

Sequoia, Accel sell Amobee to SingTel

Sequoia Capital and Accel Partners have agreed to sell US-based mobile advertising start-up Amobee to SingTel, Southeast Asia’s largest cell phone company, for $321 million.

Premji invests $25m in Fabindia

Premji Invest, the $1 billion private equity vehicle backed by Wipro Group chairman Azim Premji, has invested INR1-1.25 billion ($20-25 million) for a 7% stake in Indian fashion company Fabindia.

Noah sets up Hong Kong subsidiary

Noah Holdings, the Shanghai-headquartered third-party financial advisory company, is launching a Hong Kong subsidiary. It wants to provide investment products to international investors and mainland customers who already have assets overseas.

Indian MFI Ujjivan secures $25m in fifth round funding

Indian microfinance institution Ujjivan Financial Services has raised INR1.28 billion ($25.5 million) from seven investors in its fifth round of equity funding. Wolfensohn Capital Partners and Dutch development finance company FMO committed INR400 million...

Big money deal for big data giant Mu Sigma

The amount of data in the world doubles every 18 months. Thanks to social networking, internet-enabled mobile phones and government surveillance, five times more digital information will be created this year than in 2008, according to market intelligence...

General Atlantic invests $108m in Mu Sigma

General Atlantic (GA) has led a $108 million round for India-focused analytics services provider Mu Sigma, in what may be the largest private equity deal in this segment in an emerging market.

mahesh-chhabria
India Awards: Private Equity Firm of the Year – Actis

Actis' exit from Paras Pharmaceuticals was not the most predictable of home runs. Strategic investors have slipped into the Indian healthcare sector over the last few years, principally targeting service providers whose business models can be replicated...