Religare Enterprises now owns a 74% stake in Vistaar Religare Capital Advisors, which manages a $40m private equity fund focused on film production in India. To date, it has backed Bollywood films 'Victory', 'The Stoneman Murders' and 'Siddharth – The Prisoner'.
1 min read · 05 January 2013
Unison Capital has offered to acquire a 35.2% stake in Aderans Holdings for approximately ¥14.7bn.
2 min read · 05 January 2013
The mid-market firm will close its Mumbai office and make redundant its three-person Indian investment team, including former Temasek executive Dinesh Vaswani.
2 min read · 05 January 2013
A consortium led by RimAsia Capital Partners has invested $11m in NeoStem to help the company expand its activities in China. RimAsia's Eric Wei sees 'huge market potential' for stem cell therapies in the country.
1 min read · 05 January 2013
Deals done by Hopu and Terra Firma were among the handful of transactions larger than $100m agreed in a region where deal value and volume have both declined significantly.
1 min read · 05 January 2013
3i and Oman Investment Fund are among investors that have reportedly invested INR2.6bn in Neo Sports Broadcast, which holds TV rights to all domestic and international cricket played in India till March 2010.
2 min read · 05 January 2013
The India Financial Inclusion Fund has raised $58m to date for a microfinance vehicle targeting total commitments of $100m.
1 min read · 05 January 2013
UAE-headquartered Abraaj has obtained government approval for a controlling stake in Karachi Electric Supply, the sole power provider for the city's financial centre, through a $361m investment. It is the firm's fourth deal in Pakistan, where last year it established a six-person investment team led by Farrukh Abbas.
2 min read · 05 January 2013
The Korea Development Bank is reportedly close to setting up a W1trn corporate restructuring fund for ailing Korean companies. The bank is expected to enlist the help of private equity funds to raise capital.
2 min read · 05 January 2013
The two Indian firms are teaming up to manage a private equity fund focused on India's healthcare and education sectors. The fund is targeting commitments of INR6bn.
1 min read · 05 January 2013
