By Bhawna Gupta
The fresh infusion of funds is a part of Ola’s ongoing round.
Catalyst was co-founded by ex Goldman Sachs and Asiabridge Capital employees
Asia and Rest of World contributed to a mere 1.3 per cent to the total fundraising,
Insurance cloud services provider One Inc. has closed an extended Series B round of $35.5 million, with participation from private equity fund H&Q Asia Pacific.
Baring Asia has exited its stake in Joyful Honda with the sale of its stake in the Tokyo-listed firm through a tender offer.
Morgan Stanley is in talks to raise $2 billion for its new fund.
Private equity, venture capital backed companies fare better in terms of growth in sales and asset than companies that do not have such backing and also publicly listed companies that comprise market indices like Sensex, Nifty and CNX Midcap, according to a recent study by research firm Venture Intelligence. The recent… Read more »
Few deals have ever filed for CFIUS review three times.
The money will be used to restructure existing loans.
Private equity firm ShoreVest Capital Partners has floated a $750 million fund focused at the bad debt industry in China as non-performing loans (NPLs) continue to rise in the country, said a report in The Financial Times. ShoreVest, which specialises in Chinese distressed debt and structured credit, started investing in NPL… Read more »