Siddharth Poddar
The Delhi-based private equity firm will invest up to $15m in Sphaera Pharma. It is the first deal for its $550m Fund III closed earlier this year.
The emerging markets fund investment specialist has opened its first Asian office, headed by Judy Qing Ye, formerly a director of strategic investments at Hewlett-Packard in China.
The Dubai-based private equity firm is teaming up with government organisations, financial institutions and family offices to create Enaya, which it wants to be the UAE’s largest healthcare service provider. The company plans to deploy $1.2bn for add-on acquisitions.
Tata's financial services arm has hired Harshawardhan Sabale as it moves closer towards the launch of its maiden fund.
The Swiss asset manager and the Middle East investment firm are both committing $40m to the fund, which will make investments in oil and gas services, financial services, and light and medium industries.
MBK will reportedly buy Doosan Technopack for about $286m, half of which would be debt assumption.
Veronica John-led IDFC Capital has set up shop in Singapore and made new hires as it prepares to raise a $500m emerging markets fund of funds.
The Australian venture capital firm fell short of its A$200m target owing to the 'market turning quite a bit in the last couple of months'.
The close comes three months after the unification of India-focused Erasmic Venture Fund and Accel Partners.
A consortium of investors is backing the growth of SKS Microfinance with ‘the largest private equity investment in microfinance globally’.