Yvette Choo
WaterHealth International, which provides clean and affordable water to remote and underserved communities, will use the investment to expand operations.
The Asian private equity firm formerly known as CCMP Capital Asia has hired Ajeet Singh from global manufacturing and technology company Emerson.
The semiconductor giant’s venture arm has made commitments to One97 Communications, IndiaMART.com and Global Talent Track from its $250m Intel Capital India Technology Fund.
Alok Mittal and Izhar Shay will augment the firm’s presence in India and Israel respectively. Both will continue to focus on the technology sector.
Seoul-based Nurien Software, whose product allows users to create 3D avatars in online virtual worlds, will use the $10m second round funding to fine tune its platform and expand its online gaming services.
For its second funding round, the Israel- and China-focused private equity firm invested $13m alongside other investors in Chiral Quest Corporation.
Stella Group’s difficulty in repaying its debt has been compounded by its poor financial performance.
The Delhi-based firm will provide growth capital to companies in diverse sectors and has made four investments so far from its third fund.
The Cinema Capital Venture Fund reportedly hopes to raise the sum from overseas investors and will announce its two maiden investments in February.
Honson To will continue as head of KPMG China’s private equity operations, alongside his new, wider regional role.