China-based alternative asset fund manager CDH Investments has invested RMB30 million (approximately US$4.8 million) in Dapu.com, a Chinese online retailer of home textiles. Dapu, launched in August 2012, sells bed sheets, towels and other textile products. The investment marks Dapu’s first institutional round of funding. Read More
SMC Capital China, the China-focused growth capital platform of the Simon Murray Group, has invested RMB30 million (approximately US$5 million) in Dalian Senyint International Digital Medical System, a Chinese IT solutions provider for hospitals. The Series A investment is intended to further develop the company’s hospital IT solutions products. Read More
Creador Capital, a private equity firm focused on India, Malaysia and Indonesia, has partially exited its investment in Malaysian restaurant chain OldTown White Coffee, selling 45 percent of its equity holding to a group of mutual funds for around US$15 million. Creador originally invested MYR45.7 million (approximately US$15 million)… Read More
SME-focused investment firm Small Enterprise Assistance Funds (SEAF) and Canada-based private equity investor Sarona Asset Management have jointly invested US$2.75 million in Khyati Foods, an Indian organic cotton and soybean processor, for a minority stake. The investment is intended to help Khyati expand its processing facilities and further develop… Read More
Australia-based private equity firm CHAMP Private Equity and Asia-focused private equity firm Headland Capital Partners have jointly invested in Miclyn Express Offshore, a Singapore-headquartered provider of service vessels for offshore oil and gas production. The two firms, which invested in Miclyn in October 2012, each acquired an additional 8… Read More
Investment firms Legend Capital, Doll Capital Management, Bertelsmann Asia Investments and Tencent Collaboration Fund have jointly invested US$30 million in Youxinpai.com, a Chinese online platform for secondhand car sales. Youxinpai.com allows users to bid on secondhand cars and provides car testing, payment, transportation logistics and after-sales services. Read More
Indian private equity firm ChrysCapital has acquired a stake in Indian non-banking financial company Magma Fincorp through a series of share purchases on both the Bombay Stock Exchange and National Stock Exchange of India. While financial details of the transactions were not disclosed, ChrysCapital reportedly purchased a 7-8 percent… Read More
Chinese investment firm CDH Investments has acquired an 8.54 percent stake in Man Wah, a Chinese furniture manufacturer, for HKD700 million (approximately US$90 million) via the purchase of convertible bonds. Man Wah was listed on the Hong Kong Stock Exchange in 2010 following its delisting from the Singapore Stock… Read More
Nitrous.IO, a Singapore-based software company, has received a US$1 million investment from a consortium of investors led by global venture capital firm Bessemer Venture Partners. Nitrous.IO, which changed its name from Action.IO following the financing round, builds cloud-based software development environments. The company plans to add additional features to… Read More
U.S.-based alternative asset management firm Tano Capital has invested INR800 million (approximately US$18 million) in Shree Shubham Logistics (SSLL), an Indian logistics company. SSLL, which currently manages 90 warehouses in three Indian states, provides storage and preservation services. Proceeds from the investment are intended to fund the company’s geographic… Read More
(default archive template)