EschCollectionFrom our Singapore headquarters, the GPCA Asia research team covers China, Southeast Asia, India and neighboring South Asian markets.
An archive of Asia research reports can be found here.
Members can access the Data Room for a ten-year archive of Asian private capital transactions and data cuts.
Singapore Team
Felicia Chia, Asia Director
Lining Yu, Research Analyst
Darsh Parekh, Analyst, Research
Steve Okun, Senior Advisor
Asia Programs & Research
Q3 2024 Industry Data & Analysis
12 November 2024Overall private capital investment across GPCA markets – including Asia, Latin America, Africa, CEE and the Middle East – fell slightly to USD23.9b in Q3, and deal count dropped to… Read More
Monk’s Hill Ventures & Vietnam Investments (VI) Group | ELSA Speak
29 October 2024Monk’s Hill Ventures and Vietnam Investments (VI) Group invested in ELSA Speak, a Vietnam-based mobile application that utilizes machine learning, artificial intelligence and advanced speech recognition technology to enhance English communication… Read More
Navegar | MDI Novare
15 October 2024In March 2021, Navegar invested in MDI Novare, a Philippines-based IT company specializing in custom application development, infrastructure, data analytics and IT security solutions for businesses and the public sector.… Read More
Asia News
Lighthouse Funds Reaches USD475m Close for Fund IV
Lighthouse Funds reached a USD475m close for its fourth fund focused on consumer and healthcare sectors in India. The vehicle closed 30% above its target. Read More
Kibo Invest and Openspace Lead USD27.3m Series B for Singapore’s Ampd Energy
Kibo Invest and Openspace led a USD27.3m Series B for Ampd Energy, a Singapore-based manufacturer of battery energy storage systems for heavy industries, with follow-on from MTR Lab, Taronga Ventures… Read More
India’s Niva Bupa Raises ~USD117.5m Pre-IPO Round from Temasek, A91, Amansa Group and Others
India-based health insurance company Niva Bupa raised a INR9.9b (~USD117.5m) pre-IPO round from Temasek, A91 Partners, Amansa Group and others. Read More
Actis To Aquire India’s Vindhyachal Expressway for ~USD92.3m
Actis agreed to fully acquire Vindhyachal Expressway, an India-based toll road, for INR7.75b (~USD92.3m). Read More
Actis Acquires 40% Stake in Phillippines’ Terra Solar for ~USD602m
Actis acquired a 40% stake in the Phillippines-based solar power project Terra Solar from Solar Philippines New Energy Corporation, a subsidiary of Manila Electric, for PHP34b (~USD602m). Read More
TPG’s The Rise Fund Leads Series C for Philippines’ BillEase
TPG’s The Rise Fund led a Series C for BillEase, a Philippines-based consumer finance platform, with follow-on from Burda Principal Investment. Read More
EQT Private Capital Asia to Acquire Singapore’s PropertyGuru for USD1.1b
EQT Private Capital Asia (formerly BPEA EQT) agreed to acquire PropertyGuru, a Singapore-based digital property marketplace, in a take-private worth USD1.1b. PropertyGuru listed via SPAC on the NYSE in 2022… Read More
Warburg Pincus Acquires Majority Stake in India’s Ebco
Warburg Pincus acquired a majority stake in Ebco, an India-based manufacturer of furniture fittings and hardware systems. Read More
Advent Invests in China’s Seek Pet Food
Advent International invested in Seek Pet Food, a China-based pet food manufacturer. Read More
L Catterton Invests in China’s Viee
L Catterton invested in Viee, a China-based manufacturer of plant-based drinks. This is L Catterton’s eighth investment in China over the past 18 months, per GPCA Research. Read More
Indian private credit exits exceeded $25bn in 2023
The value of private credit exits in India surpassed $25bn (£19.3bn) in 2023 and $11bn in the first half of 2024, according to the Global Private Capital Association (GPCA). A… Read More
Axios Pro Rata: India’s exit boom
India saw $25 billion in private capital-backed exits in 2023 and $11.5 billion in the first half of 2024, according to new data from the Global Private Capital Association. Why it… Read More