Asia Partners led a USD30m Series D for Malaysia-based used car marketplace Carsome, with participation from existing investors Burda Principal Investments and Ondine Capital. Read more… Read More
I Squared Capital, through its ISQ Global Infrastructure Fund II, has acquired and merged InfoFabrica and Cloud Kinetics, two Singapore-based cloud migration services companies, as part of a new Asian Digital Infrastructure platform. Read more… Read More
The Carlyle Group has sold its majority stake in India-based publishing firm Newgen Knowledge Works to the company’s founder. This is Carlyle’s second exit from Newgen. Read more… Read More
TPG and Northstar Group have acquired an 80% stake in the Indonesian dairy business of Singapore-based agrifood company Japfa for USD236m. Read more… Read More
Everstone Capital has agreed to sell Singapore-based customer experience solutions and technology company Everise to Brookfield Business Partners. Details of the transaction have not been disclosed, but media reports value it at USD450m. Read more… Read More
Everstone Capital has acquired a majority stake in Calibre, an India-based specialty ingredients manufacturer focused on the pharmaceutical, nutritional, and personal care segments. The details of the transaction are undisclosed. Read more… Read More
LGT Lightstone Aspada and Falcon Edge’s Alpha Wave Incubation led a USD40m Series C for India-based edtech Cuemath, with follow-on from CapitalG, Sequoia Capital, and Manta Ray Ventures. Read more… Read More
Orchid Asia has invested a USD120m Series E for Snowball, a China-based financial information services provider focused on cross-border investments. Read more… Read More
Fatima Gobi Ventures has reached a USD14m first close for Techxila Fund I, its debut vehicle targeting seed and Series A investments in technology-enabled businesses in Pakistan. Read more… Read More
Everstone Capital has successfully exited part of its stake in Burger King India via the company’s INR8.1b (approximately USD109m) IPO. In addition to the 60 million shares sold by Everstone during the IPO, the PE firm also sold shares in off-market deals in the days leading up to… Read More
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