Global private equity fund manager Warburg Pincus has agreed to acquire an 80 percent stake in India-based education finance company Avanse Financial Services from diversified holding company Wadhawan Global Capital. As part of the transaction, Warburg plans to make an INR3 billion (approximately USD43 million) primary capital injection in the… Read More
Cube Highways and Infrastructure, an India-based toll road investment platform established by global infrastructure investment firm I Squared Capital, has agreed to acquire 100 percent of the Delhi-Agra Toll Road from India-based developer Reliance Infrastructure at an enterprise value of INR36 billion (approximately USD517 million). The Delhi-Agra Toll Road comprises… Read More
India Infrastructure Trust, an investment vehicle 90 percent-owned by global alternative investment firm Brookfield Asset Management, has agreed to acquire the East West Pipeline from India-based conglomerate Reliance Industries for INR130 billion (approximately USD1.9 billion). As part of the agreement, Reliance will participate in a portion of the net earnings… Read More
India-based agriculture technology startup AgroStar has raised USD27 million in a Series C funding round led by Bertelsmann India Investments, an investment arm of global media company Bertelsmann. Existing investors Accel Partners, Chiratae Ventures, and Aavishkaar Venture Management also participated in the round. AgroStar provides various goods and services to… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Fundraising for China-focused private capital vehicles swelled to USD35 billion in 2018 despite reports of the country’s economic slowdown and ongoing trade tensions with the United States. Driven by 10 funds raising USD1… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. As investors continue to seek out lucrative private capital opportunities in Emerging Asia, fund managers active in the region have been ready to meet demand, raising USD76 billion in 2018. China proved… Read More
The EMPEA Data Insights are quarterly updates of high-level trends and notable developments in all major emerging market regions plus Brazil, China, and India. The Data Insights offer unique access to EMPEA’s statistics at the regional and country level and provide detailed analytics of fundraising trends and deal flow. EMPEA… Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). EMPEA’s year-end 2018 Industry Statistics reveal unprecedented levels of global investor interest in Emerging Asia, as well as a recovery in capital raised for private capital opportunities in Latin America and… Read More
India-based agricultural robotics company TartanSense has raised USD2 million in a seed round led by Asia-focused venture capital fund managers Omnivore, Blume Ventures, and BEENEXT. Other participants in the funding round include angel investors Dileep George, Akash Gupta, Samay Kohli, and Kush Jawahar. TartanSense plans to use the capital to… Read More
Korea-focused fund manager IMM Private Equity has agreed to acquire the Korean assets of global industrial gas and engineering company Linde Group for KRW1.3 trillion (approximately USD1.1 billion). IMM will acquire the group’s industrial gas business while Linde will reportedly retain its specialty gas operations in Korea. The transaction is… Read More
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