Aspada Advisors, an investment firm focused on small and medium-sized enterprises in India, has invested in India-based post-harvest agriculture value chain service provider Arya Collateral Warehousing Services. Aspada invested through Aspada Investment Company. Arya will use the new capital to scale in primary markets with low warehousing penetration and availability… Read More
The Blackstone Group has fully exited its 4.79 percent stake in Multi Commodity Exchange of India (MCX) for an estimated INR3 billion (approximately US$45 million) through an open market transaction on the National Stock Exchange of India. Blackstone originally invested in MCX in 2013. … Read More
India-focused private equity firm Samara Capital has invested approximately INR1.7 billion (approximately US$25 million) in India-based medical devices manufacturer Sahajanand Medical Technologies. The company plans to use the funds on research and development to expand its product line in the cardiovascular segment. … Read More
Global investment firm KKR and Singapore-based sovereign wealth fund Temasek Holdings have agreed to acquire a 3.9 percent stake in India-based SBI Life Insurance Company for INR18 billion (approximately US$265 million). KKR and Temasek will each acquire 1.95 percent stakes. The transaction is subject to regulatory approval… Read More
North Asia-focused private equity firm MBK Partners has reached a final close for its fourth fund with US$4.1 billion in commitments. Investors in the fund include Ontario Teachers’ Pension Plan, Canada Pension Plan Investment Board, Singapore-based sovereign wealth fund Temasek Holdings and China-based sovereign wealth fund China Investment Corporation. The… Read More
Cross-border private equity firm Cathay Capital Private Equity has led a CNY100 million (approximately US$14 million) Series A+ round in China-based Yimidida, an online logistics platform providing crowd-sourced delivery services in China’s small counties and villages. Existing investors China-focused venture capital firm Source Code Capital and Singapore-based Global Logistic Properties… Read More
India-focused private equity firm Amicus Capital Partners has reportedly reached a first close for its first fund with approximately US$90 million in commitments. Investors in the fund include European family offices and multilateral institutions. The fund, which is targeting US$200 million in total commitments, will largely focus on acquiring minority… Read More
Southeast Asia-focused venture capital firm Jungle Ventures has reached a final close for Jungle Ventures II with US$100 million in commitments. Investors include sovereign wealth fund Temasek Holdings, Singapore-based National Research Foundation, Germany-based Hubert Burda Media, Singapore-based consumer electronics distributor Thakral and family offices Kewalram Chanrai Group and Khoon Hong… Read More
Global venture capital firm Accel Partners has reached a final close for its fifth India-focused fund with US$450 million in commitments. The fund will invest in the consumer internet, enterprise software, financial technology and health care sectors. Accel reportedly plans to begin investing from the fund in early 2017. … Read More
India-focused impact investment firm Lok Capital has led an INR450 million (approximately US$6.6 million) Series B round for India-based dairy producer HR Food Processing. Lok invested through its third fund, Growth Catalyst Partners. South- and Southeast Asia-focused impact fund advisory firm Aavishkaar also participated in the round via Aavishkaar II. Read More
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