Venture Capital
The twin-strategy third fund aims to raise $250-300m in total.
PE firm Capsquare Asia said to be eyeing full exit from IDX-listed Champ Group
Global M&A activity bounces back in Q1 but APAC deals slump
India: Zepto-backer Alteria Capital closes venture debt fund at $195m
Taiwan's Shin Kong Life disposes of stake in Warburg Pincus, four other PE funds
China's XYuan Capital pools $138m to back early- to late-stage startups across NEV value chain
More Stories
India: Former Premji Invest execs-led PE firm Trident Growth eyes $250m debut fund
Vietnam-based PE firm Mekong Capital testing new waters for future growth
HSBC launches $1b ASEAN growth debt fund and $150m SG venture debt fund
SE Asia-focused PE funds salvage 2023 performance with strong H2 fundraising
PH-focused discount grocery chain DALI raises $25m from Venturi Partners
Earnings and Results
The SoftBank-backed company could list by the end of this year.
Private Equity
Sanjiv Mehta would assume the role of executive chairman of India for the Asia platform.
Analysis
India has emerged as the second busiest market for equity capital market deals after the US.
Gautam Adani’s family raised its stake to about 67% from 63.15%.
Deals
The company entered the paints business under the brand name ‘Birla Opus’ only recently.
Unicorns
Sharechat’s valuation had reportedly shrunk to $1.5b in end-2023 from $5b in 2022.
The firm is looking to back companies with target valuations of $100-400m in their Series B+ stages.
The Indian firm Power will own the majority stake of 51%, while GIC will own the rest.
Silver Needle Ventures, Veltis Capital, and Atrium Angels also invested in SuperK.