By Vishwanath Nair
Thrissur, Kerala-headquartered Dhanlaxmi Bank Ltd is expecting Rs.120 crore in equity infusion from its existing shareholders this week to help bolster its weak capital position, said two people in the know. The funds are in exchange for a preferential allotment of shares in favour of Kapil Kumar Wadhawan, Ravindran Pillai… Read more »
The Beijing-based firm is raising a $200 million global private equity fund that allows people on the mainland to tap assets overseas, with investments starting from $150,000. The two private equity giants are already partners with CreditEase for the product, which has focuses on businesses such as consumer, telecom, healthcare and industrial.
Singapore-based private equity firm Capital Square Partners has acquired about 55% stake in Indecomm Global Services, a technology-enabled services and outsourcing company, said a Times of India report quoting sources. This deal marks Capital Square’s third acquisition in the Indian IT services industry in last three years. It has also given… Read more »
Rubicon Research Pvt. Ltd, a Mumbai-based contract research and manufacturing services (CRAMS) firm, is raising up to Rs 240 crore ($35 million) from home-grown private equity firm Everstone Capital and a clutch of high-net-worth individuals (HNI), three people aware of the development said. “The company is in advanced talks with Everstone… Read more »
IDFC Alternatives is looking to raise $100 million in the domestic market as private equity to be used for investment healthcare, education and value-added telecom services, said a Financial Express report quoting sources. The alternate asset management arm of IDFC Ltd invests through three asset classes – private equity, infrastructure and real estate…. Read more »
The fund will invest in commercial medical technologies, and was officially launched by Innovation and Science Minister Greg Hunt on Wednesday. The fund matches every dollar venture capital and super funds invest upto $500 million.
This is by far the biggest startup to date in Indonesia, and also the largest fund raising round in Southeast Asia.
Alps Electric Co Ltd and other strategic investors in commercial insurance and wearable health devices industries also participated in this round.
RGT Capital had made a strategic investment in forex and CFD trading firm Axicorp
Private investment firm Eight Roads Ventures has appointed former Softbank China Venture Capital partner Joe Chang to look after its china ventures team. Starts with immediate effect, Chang will be focusing on enterprise technology, consumer IT, fintech, and services investments. He will be based in the Shanghai office. Chang spent… Read more »