India-focused venture capital firm Helion Venture Partners has invested INR350 million (approximately US$6.5 million) in LifeCell International, an India-based stem cell bank. LifeCell preserves stem cells from various human tissues and provides services including bedside stem cell processing and newborn screening at 110 locations in India and abroad. Helion’s… Read More
Global investment firm Bain Capital has sold 110 million shares of Chinese packaging materials manufacturer Greatview Aseptic Packaging on the Hong Kong Stock Exchange for HKD533.5 million (approximately US$68.8 million). The shares were owned by Bain Capital Fund IX, which retains over 174 million shares, representing 13.07 percent of… Read More
Washington, DC – The Emerging Markets Private Equity Association (“EMPEA”) today announces that David Pierce, Partner at FLAG Squadron Asia has been appointed as Chair of EMPEA’s Asia Council (“Council”), an advisory group comprised of senior representatives from leading private equity firms and investors active in emerging Asian markets. An… Read More
Trent, the retail arm of India’s Tata Group, is buying back the shares of its subsidiary Landmark, owned by Indian private equity firm TVS Capital, for INR840 million (approximately US$15.4 million). TVS Capital invested INR650 million (approximately US$11.9 million) in Landmark, a retailer of books, music and games, in… Read More
Chinese alternative asset fund manager CDH Investments has held a first close on its fifth China-focused private equity fund with US$1 billion in commitments. Institutional investors in CDH China Fund V, launched in September 2012, include the Government of Singapore Investment Corporation (GIC), Asia Alternatives and LGT Capital Partners. Read More
Global venture capital firm Bessemer Venture Partners has invested in India-based Anunta Technology Management Services as part of the company’s Series A financing round. Anunta provides software delivery services to companies developing mobile applications. Financial details of the transaction were not disclosed. Read More
India-focused private equity firm Tata Capital has invested INR1.2 billion (approximately US$22.3 million) in Indian health insurer Star Health & Allied Insurance Company for a 14 percent stake. The investment was made through the Tata Growth Capital Fund. Prior investors in Star Health include private equity and venture capital… Read More
Global private equity investment group Apax Partners has sold an approximate 4.6 percent stake in Indian hospital operator Apollo Hospitals Enterprises through an open market share sale on India’s Bombay Stock Exchange for INR5.3 billion (approximately US$98 million). The shares represented approximately half of Apax’s stake in Apollo Hospitals,… Read More
Valyoo Technologies, a manager of online luxury retail platforms in India, has received INR530 million (approximately US$9.9 million) in funding from venture capital firms IDG Ventures India and Unilazer Ventures, a venture capital fund promoted by Indian media executive Ronnie Screwvala. IDG previously invested US$4 million in Valyoo in… Read More
Asia-focused private equity firm Headland Capital Partners has entered into a partnership with Malaysian food and beverage manufacturer Mamee-Double Decker. Mamee-Double Decker produces snacks and instant noodles for the Malaysian market and plans to use the investment, which was made through Headland Private Equity Fund 6, to expand into… Read More
(default archive template)