Swiss impact investor responsAbility Investments said it has raised a total of $350 million as part of the third closing of its $500 million Asia climate investment strategy. The firm said it is on track to achieve its $500 million target by 2025, investing in low-emission solutions such as renewable energy, battery storage, and energy… Continue reading responsAbility secures $350m in third close of Asia climate strategyThe firm said it is on track to achieve its $500 million target by 2025.
Author: Deal Street Asia Online News
Indian PE giant Kedaara invests $350m in AI solution provider ImpetusThe PE firm has acquired a strategic stake in the company to spruce up innovation…
Kedaara Capital, a homegrown private equity (PE) firm in India, has invested $350 million in Impetus Technologies, a provider of data, analytics, and AI solutions, per an announcement. The PE firm, led by Manish Kejriwal, has acquired a strategic stake in the company to spruce up innovation in its data and AI business. “The most… Continue reading Indian PE giant Kedaara invests $350m in AI solution provider ImpetusThe PE firm has acquired a strategic stake in the company to spruce up innovation…
India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobsAccording to data from DealStreetAsia’s DATA VANTAGE, TVS Moto…
TVS Motor is acquiring ION Mobility at a discount, while early investors in Oyo are in talks with family offices to sell part of their stakes in the hospitality startup. Meanwhile, Google-backed ShareChat is laying off 30-40 employees. TVS Motor to buy ION Mobility at a discount: Report Indian two-wheeler manufacturer TVS Motor is acquiring… Continue reading India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobsAccording to data from DealStreetAsia’s DATA VANTAGE, TVS Moto…
India: KKR-backed Avendus Capital hits first close of Fund III at $98mThe fund plans to make 12-14 investments, with an average ticket size of Rs 150–…
KKR-backed financial services group Avendus Capital on Thursday announced that it has hit the first close of its third fund with $98 million (Rs 850 crore) in capital commitments. Registered as a category-II alternative investment fund (AIF) with market regulator SEBI, the Avendus Future Leaders Fund III (FLF III) is targeting a corpus of Rs… Continue reading India: KKR-backed Avendus Capital hits first close of Fund III at $98mThe fund plans to make 12-14 investments, with an average ticket size of Rs 150–…
Gaw Capital buys 45% stake in Agility Asset Advisers to deepen presence in JapanPost-financing, Gaw Capital and AAA’s parent company will each hold a …
Real estate private equity firm Gaw Capital Partners on Thursday said it has acquired a 45% stake in Tokyo-based Agility Asset Advisers Inc. (AAA), as the Hong Kong-headquartered firm seeks to enhance its reach in the Japanese market. The investment seeks to amplify deal sourcing and asset management capabilities and open up new avenues to… Continue reading Gaw Capital buys 45% stake in Agility Asset Advisers to deepen presence in JapanPost-financing, Gaw Capital and AAA’s parent company will each hold a …
Indian NBFC Saarathi Finance in talks with PE firms to raise capitalSaarathi plan to cater to the credit needs of the under-served MSME market.
Photo by Pixabay Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry leaders shaping the ecosystem. Subscribe now Printed by Unregistered user on Thu, 16 Jan… Continue reading Indian NBFC Saarathi Finance in talks with PE firms to raise capitalSaarathi plan to cater to the credit needs of the under-served MSME market.
GPs’ soft skills equally important amid Asia’s shifting landscape, says veteran LPIntegrity, talent, and awareness are some of the key qualities in su…
Rather than focusing on the numbers, limited partners (LPs) are also looking for soft skills when deciding which general partners (GPs) to write cheques for, amidst a shifting investment landscape in the region, according to one of Asia’s top investors. Integrity, talent, and awareness are some of the key qualities when it comes to assessing… Continue reading GPs’ soft skills equally important amid Asia’s shifting landscape, says veteran LPIntegrity, talent, and awareness are some of the key qualities in su…
India’s Cornerstone Ventures hits first close of second fund at around $40mCornerstone raised $50 million for its first fund in 2019
Indian SaaS-focused venture capital firm Cornerstone Ventures on Wednesday said it has hit the first close of its $200-million second investment vehicle at around $40 million. The vehicle, launched in April last year, raised capital from domestic investors, including HNIs, family offices, corporates, and other institutions. Founded by former Reliance executives Rajiv Vaishnav and Abhishek… Continue reading India’s Cornerstone Ventures hits first close of second fund at around $40mCornerstone raised $50 million for its first fund in 2019
India: Climate-focused deep tech startup Ecozen bags $23m from responsAbility, othersNorthern Arc Capital also took part in the funding.
Climate-focused deep tech company Ecozen Wednesday announced that it has raised over $23 million in debt funding from responsAbility Investments AG, Northern Arc Capital Limited, Maanaveeya Development & Finance Private Limited, and others. The funding proceeds will help Ecozen drive scale in its current businesses while furthering its position as a leader in sustainable technologies,… Continue reading India: Climate-focused deep tech startup Ecozen bags $23m from responsAbility, othersNorthern Arc Capital also took part in the funding.
Hissa launches $35m fund to support ESOP liquidity for Indian startupsHissa Fund I will invest in about 15-20 growth-stage startups.
Equity management platform Hissa on Wednesday said it has launched a $35-million fund to provide liquidity to the Indian employment stock option plan (ESOP) market in India. The fund, Hissa Fund I, will invest in about 15-20 growth-stage startups and work closely with the founders to provide liquidity to help retain talent and align with… Continue reading Hissa launches $35m fund to support ESOP liquidity for Indian startupsHissa Fund I will invest in about 15-20 growth-stage startups.