BPEA EQT

Baring Private Equity Asia (BPEA) is a prominent private equity firm specializing in growth capital and middle-market investments, including buyouts and restructuring. Established in 1997 and headquartered in Hong Kong, BPEA focuses primarily on the Asia Pacific region, investing significantly in countries such as China, India, Japan, and Australia. The firm manages committed capital exceeding $20 billion and operates a diverse investment program that includes dedicated funds for private equity, real estate, and private credit. BPEA targets companies with enterprise values between $300 million and $1.5 billion, often taking either controlling or significant minority stakes. The firm has approximately 43 active portfolio companies employing over 224,000 individuals and collectively generating around $39 billion in sales. With a staff of over 180 professionals across nine offices in key Asian markets, BPEA continues to seek opportunities that align with its strategic focus on sectors such as healthcare, technology, consumer goods, and financial services.

Nicholas Macksey

Partner

Jean Salata

Founder CEO and Partner

40 past transactions

Ria Health

Series A in 2022
Ria Health is a telehealth provider focused on treating alcohol use disorders through a mobile platform. Founded in 2013 and based in San Francisco, California, the company connects users with addiction specialists for personalized support and guidance. Ria Health employs evidence-based protocols, including medication-assisted treatment, harm reduction, and cognitive behavioral therapy, to assist heavy drinkers seeking to reduce or stop their alcohol consumption. The Ria app facilitates secure, HIPAA-compliant interactions, allowing for video and phone consultations, breathalyzer measurements, and progress tracking. By offering a private and convenient treatment option, Ria Health aims to address the significant gap in care for individuals struggling with alcohol-related issues, ensuring effective and affordable support that aligns with payer objectives.

CBX Software

Series A in 2022
CBX Software helps retailers and brands to increase profit by simplifying their global sourcing operation, compressing supply chain cycle time and improving team collaboration, all through our cloud based Total Sourcing Management Platform (TSM). CBX Critical Path Management (CPM) eliminates the gaps in the merchandise concept to delivery process and provides our clients with end-to-end visibility on the status of all supply chain activities. CBX Cloud offers one intelligent collaboration solution for an enterprise to plan, spec, source, assure quality, order, make, inspect, ship and pay. Over 20,000 users in more than 30 countries collaborate on CBX Cloud including: Target, Safeway, Kmart, ICA and others.

Virtuos

Private Equity Round in 2021
Virtuos Corporation is a video game content production company with a global presence, operating in countries including China, Vietnam, Canada, France, Japan, Ireland, and the United States. Founded in 2008 and headquartered in San Jose, California, the company employs approximately 1,500 professionals who specialize in game development and AAA 3D art production for both console and mobile titles. Virtuos provides a range of services, enabling clients to enhance their game design and production processes. These services include creating high-quality content tailored to various projects, thereby assisting clients in generating additional revenue and improving operational efficiency. With expertise in delivering innovative gaming solutions, Virtuos plays a significant role in the video game industry.

Straive

Acquisition in 2021
Global Solutions. Multinational Platform. SPi Global is one of the world's largest and most diversified Business Process Outsourcing (BPO) service providers in terms of clients, geographic presence, and capabilities. We have defined the highest standards of excellence together with our clients for Knowledge Process Outsourcing (KPO) and Customer Relationship Management (CRM). Our global team of over 18,000 dedicated BPO professionals makes this possible. We are also proud to let you know that SPi Global has been the "BPO Company of the Year" for 2011, a recognition given by the International ICT Awards. For more than 30 years, we have been offering Fortune 500 companies a full roster of high-quality, innovative end-to-end solutions. Our clients look to us for: a wide range of voice and non-voice BPO solutions the broadest global delivery network with 30 locations spanning North America, Netherlands, Australia, India, Vietnam, and the Philippines. the ability to effectively combine deep domain knowledge with our core capabilities to deliver high quality, single source solutions that provide cost efficiencies, scalability, and exceptional customer care. One Vision. Multiple Competencies. SPi Global provides domain expertise in the Customer Interaction, Healthcare, and Publishing markets. We also provide services across a wide range of industries, including banking and financial services, government, information technology, media, not-for-profit organizations, retail, and travel. Through our key competencies, we support the vibrant BPO industry worldwide. Established. Evolving. Exceptional. Welcome to SPi Global. The future of BPO.

The CrownX

Private Equity Round in 2021
The Crown X is an integrated consumer-retail platform.

Codemao

Series D in 2020
Codemao is an online education platform that teaches children about computer coding. The programming cat is a graphic programming tool platform developed by Shenzhen Point Cat Technology Co., Ltd. It is designed based on the learning characteristics of children and the concept of modern Chinese education. It adopts a different way of creating graphical programming modules than traditional codes and edutainment education concepts through interesting gamification courses and language. The combination of digital and other disciplines allows children to master knowledge in games, quickly understand programming concepts, and exercise their children's logical thinking ability and innovative practical ability. IN 2015, the Shenzhen, Guangdong-based company was established by Tianchi Li and Yue Sun.

Virtusa

Acquisition in 2020
Virtusa Corporation is a global provider of information technology (IT) consulting and outsourcing services, primarily serving clients in North America, Europe, and Asia. Founded in 1996 and headquartered in Southborough, Massachusetts, the company specializes in digital engineering and transformation services that enhance business outcomes for Global 2000 companies across various industries, including banking, financial services, insurance, healthcare, telecommunications, and media. Virtusa offers a comprehensive range of services, including business and IT consulting, application development, cloud transformation, data management, and software quality assurance. The company also emphasizes operational excellence, helping clients reduce risk and improve IT cost efficiencies through innovative solutions. With a strong background in software engineering, Virtusa utilizes advanced methodologies to deliver timely and budget-conscious results. Its strategic acquisition of Polaris Consulting Services has further strengthened its capabilities in the FinTech sector, allowing it to provide end-to-end solutions tailored to the unique challenges faced by its clients.

Lumenis

Acquisition in 2019
Lumenis Ltd. is a prominent developer and provider of energy-based medical systems designed for minimally invasive procedures across the globe. The company operates through three main segments: Surgical, Ophthalmic, and Aesthetic. The Surgical segment specializes in surgical laser systems for urology, gynecology, and ENT applications, catering to hospitals and outpatient facilities. The Ophthalmic segment offers laser systems for retinal treatments, glaucoma, and refractive applications, supplying ophthalmic practices and hospitals. The Aesthetic segment focuses on advanced laser technologies for skin treatments and hair removal, positioning itself as a leader in aesthetic devices. Lumenis also provides essential services, including technical training for service personnel, maintenance, and logistical support for its products. Founded in 1991 and headquartered in Yokneam, Israel, Lumenis was originally known as ESC Medical Systems Ltd. before rebranding in 2001. The company emphasizes innovation in laser technology, contributing significantly to advancements in both medical and aesthetic fields.

CitiusTech

Acquisition in 2019
CitiusTech Inc. specializes in providing healthcare technology services and solutions to a diverse range of clients, including medical technology companies, healthcare providers, payers, health plans, and life sciences organizations globally. The company offers a variety of products and services, including BI-Clinical, an analytics platform; H-Scale for big data technologies; M-Verge, a mobile health platform; CQ-IQ, a cloud-based clinical rules engine; and Medictiv, a suite of analytics services. Additionally, CitiusTech provides development services for mobile health applications, healthcare integration, data migration, and consulting. With a workforce of over 1,400 professionals, CitiusTech has established partnerships with major industry players and has been recognized for its excellence in execution and workplace environment. Founded in 2005 and headquartered in Princeton, New Jersey, CitiusTech has expanded its presence with multiple locations across the United States, Canada, India, the United Kingdom, the United Arab Emirates, and Singapore.

JD.com

Series A in 2019
JD.com is a leading online direct sales company in China, renowned for its extensive transaction volume and significant market share. The platform provides consumers with a diverse selection of authentic products at competitive prices, emphasizing a user-friendly online shopping experience through its website and mobile applications. To ensure timely and reliable delivery, JD.com has established a comprehensive nationwide fulfillment infrastructure, comprising numerous warehouses and a self-operated delivery network. This infrastructure allows the company to maintain high customer satisfaction levels and supports both its direct sales and online marketplace operations. JD.com also includes JD Health, an e-commerce platform for pharmaceutical products, and JD Logistics, which offers supply chain and logistics services, including innovative solutions like drone deliveries. With a strong emphasis on technology, JD.com has invested in a proprietary platform to facilitate growth and enhance service offerings, employing a substantial workforce to support its operations across China.

Coforge

Post in 2019
Coforge Limited is a global provider of information technology and IT-enabled services with a presence in the Americas, India, Europe, the Middle East, Africa, and the Asia Pacific. The company specializes in a wide range of services, including intelligent automation, business process services, cybersecurity, data analytics, and digital transformation. Coforge offers infrastructure management and cloud services, including multi-cloud provisioning through its CloudPixy solution. The firm serves various industries, such as travel and transportation, insurance, banking, financial services, manufacturing, and media. Established in 1992 and headquartered in New Delhi, India, Coforge was previously known as NIIT Technologies until its rebranding in August 2020. The company's mission focuses on leveraging deep domain expertise and emerging technologies to deliver meaningful business transformations for its clients.

Pioneer Corporation

Debt Financing in 2018
Pioneer Corporation is a global manufacturer of electronic products for the consumers and professional markets. It manufactures and sells audio and video equipment for household, industrial, and automobile use. The company produces and sells visual and music software and media such as DVDs and CDs. It also provides car electronics, AVRs, laserdisc players, plasma computer monitors and televisions, Blu-ray disc players, technical audio devices, DJ equipment, and a wide range of sound systems. Pioneer Corporation is headquartered in Japan. The company was founded in 1938 by Nozomu Matsumoto. It was acquired by KKR & Co. on September 16, 2014.

Wall Street English

Acquisition in 2017
Wall Street English is a prominent English language training network focused on delivering high-quality language instruction to adults. With a strong emphasis on blended learning methodologies, the organization combines traditional classroom experiences with digital resources to enhance the learning process. Over its 46-year history, Wall Street English has established a robust brand recognized for growth and innovation. In 2016, the company served approximately 180,000 learners through its 70 corporate-owned centers in China, nine in Italy, and 321 franchised centers across 28 territories. By catering to both individual students and corporate employees, Wall Street English aims to foster open-mindedness and highlight the value of language learning in a globalized world.

Nord Anglia Education

Acquisition in 2017
Nord Anglia Education is a premium schools organisation. They are a global family of 42 international schools educating over 32,000 students from pre-school to the end of secondary education. Their schools deliver a high quality education through a personalised approach enhanced with unique global opportunities to enable every student to succeed, academically, socially and personally. They are amongst the most respected international schools in their locations and they are committed to ensuring that they remain the first choice for parents around the world.

Cath Kidston

Acquisition in 2016
Founded in 1993 with a single shop in London’s Holland Park, Cath Kidston is today a fast-growing global lifestyle brand with stores in China, France, Hong Kong, Indonesia, Japan, Korea, Malaysia, Singapore, Spain, Taiwan, Thailand and the UK. In July 2014, Cath Kidston opened its 100th overseas store in Seoul, South Korea, bringing the total number of stores to 166. Known as the “home of modern vintage”, the brand offers a range of products from accessories and womenswear to childrenswear and home furnishings. In the year ended 30 March 2014 Group sales increased 10% to £116 million with EBITDA rising 19% to £25 million. International retail sales increased 37% to £46 million.

SAI Global

Acquisition in 2016
SAI Global Pty Limited is a prominent provider of risk management and property services operating in 29 countries across Europe, North America, and Asia. The company offers a comprehensive range of solutions within its Risk Management Solutions segment, including governance, risk, and compliance (GRC) tools that assist organizations in cataloging, monitoring, and managing their operational needs. They provide web-based learning and awareness solutions, advisory services for regulatory compliance, and tools for assessing conformity to international standards. SAI Global also delivers services for incident reporting, training, and business improvement, with a focus on enhancing the quality, safety, and security of food products throughout the supply chain. Additionally, the Property Services segment includes business process outsourcing and information broking. Founded in 1922 and headquartered in Sydney, Australia, SAI Global has a long history of innovation in developing solutions that support organizations in managing risks effectively.

Telus International

Private Equity Round in 2016
TELUS International is a global provider of customer service, information technology, and business process outsourcing services, catering to clients in various industries such as technology, fintech, healthcare, and travel. Established in 2005 and headquartered in Vancouver, Canada, the company operates in multiple countries including the United States, El Salvador, Bulgaria, and India, employing over 22,000 team members worldwide. TELUS International supports more than 175 million customer interactions annually through various channels such as voice, email, chat, and social media. Its offerings encompass a wide range of services including customer relationship management, technical support, digital consulting, data analytics, and cloud-based solutions. The company focuses on delivering innovative customer experiences and has a strong emphasis on teamwork and a customer-centric culture, making it a key player in the fields of customer experience innovation and digital transformation.

Telus

Post in 2016
TELUS Corporation is a leading telecommunications provider in Canada, offering a wide array of products and services through its Wireless and Wireline segments. The company delivers wireless and wireline voice and data services, high-speed internet, television, and various business solutions, including managed IT and cloud-based services. Additionally, TELUS has expanded its operations into healthcare, providing telehomecare and electronic medical records, as well as solutions for the agriculture sector and security services for homes and businesses. With over 15 million customer connections, TELUS serves a substantial market, and a significant portion of its revenue now comes from non-telecom sectors, including health and agriculture. The company also engages in strategic investments through TELUS Ventures, supporting innovative companies in digital health, IoT, and other technology-driven fields, thereby fostering economic growth and enhancing community wellbeing. Founded in 1993 and headquartered in Vancouver, TELUS has established itself as one of Canada's largest telecommunications firms.

HCP Packaging

Acquisition in 2015
HCP is a global leader in the design, development and manufacture of prestige primary packaging containers for the cosmetics, skincare and fragrance industries. HCP’s product portfolio includes standard and customised compacts, lipsticks, mascaras, lip gloss, pots, skincare jars, tubes and bottles, fragrance closures and other cosmetic items. With an enviable reputation for innovation, creative technology and state of the art manufacturing, HCP is professionally supported and represented by its own regional and local offices, providing customers with direct and immediate access, feedback and solutions.

Weetabix

Private Equity Round in 2015
Weetabix is a manufacturer and marketer of breakfast cereals based in both the United Kingdom and East Africa. Weetabix Limited produces a range of wholegrain cereals and snacks, including popular brands such as Weetabix, Alpen, Ready brek, Weetos, and Oatibix. The company supplies its products not only in the UK but also to international markets across the Middle East, South America, Europe, and Southeast Asia. Weetabix East Africa Limited, a subsidiary of Weetabix Limited, focuses specifically on the East African market, offering a variety of breakfast options, including cereals, flakes, mueslis, snack bars, and oat flakes. The company sells its products through supermarkets and local shops, with its headquarters located in Nairobi, Kenya.

Vistra

Acquisition in 2015
Vistra Holdings S.à r.l. is a provider of trust, fiduciary, corporate, and fund services, catering to corporations, institutional investors, and high-net-worth individuals. Established in 2009 and headquartered in Luxembourg, the company offers a wide range of services, including company formation and management, executive incentives and retirement plans, and intellectual property services. Its fund services encompass fund formation and administration, while its fiduciary services cover estate planning and family office support. Additionally, Vistra provides business and outsourcing services such as trade and treasury, accounting, payroll, immigration, and real estate services. The company operates globally, with locations in various countries including Belgium, Ireland, Malta, New Zealand, Singapore, and major cities like London and New York. Vistra also has a subsidiary, Vistra Marine & Aviation Ltd., which manages and leases yachts.

CMS Info Systems

Acquisition in 2015
CMS Info Systems Limited is India’s largest cash management company, handling over 50% of the nation’s cash movement. Established in 2008 and headquartered in Mumbai, the company operates through three main segments: Cash Management Services, Managed Services, and Others. The Cash Management Services segment focuses on ATM cash replenishment, cash evacuation, and retail cash management, including pick-up and delivery. Managed Services encompass ATM sales, technical support, and brown label ATM services. The Others segment provides card services, including the sourcing and personalization of financial cards, data generation, and consultancy for card issuance. The company expanded its market presence in 2011 by acquiring Securitrans India Private Limited, reinforcing its leadership in the cash management sector. Through its comprehensive suite of services, CMS Info Systems ensures secure and efficient cash handling for banks and businesses across India.

Bushu Pharmaceuticals

Acquisition in 2014
Bushu Pharmaceuticals Ltd. is a contract manufacturing company based in Kawagoe-shi, Japan, specializing in the production of pharmaceuticals and clinical trial materials. Founded in 1999, the company offers a range of services, including drug development, clinical sample production, and commercial manufacturing. Its product portfolio features various solid dosage forms such as granules, tablets, and capsules, as well as injectable products like vials, ampules, and syringes. Bushu Pharmaceuticals also provides comprehensive support in lifecycle management, which encompasses pre-formulation, analytical services, formulation development, and quality control. Serving clients both in Japan and internationally, the company is committed to delivering high-quality manufacturing and packaging solutions tailored to the needs of the pharmaceutical industry.

St. George's University

Private Equity Round in 2014
St. George's University, founded in 1976 in Saint George's, Grenada, offers a diverse range of undergraduate and graduate programs in medicine, veterinary medicine, arts and sciences, and public health. Originally established as an independent School of Medicine, it has evolved into a prominent center for international education, attracting students and faculty from 140 countries. The university boasts a multicultural campus equipped with advanced facilities and has produced over 14,000 graduates, including physicians, veterinarians, and public health professionals who work globally. St. George's University is accredited by various governing authorities and maintains affiliations with educational institutions across the United States, the United Kingdom, Canada, Australia, and Ireland. It significantly contributes to the Grenadian economy, injecting over US $100 million annually through salaries, housing, and community initiatives. The university is deeply involved in community outreach, supporting local charities and health programs while providing scholarships exceeding US $70 million since 2005 to Caribbean students pursuing various fields. Its research efforts have enhanced health and economic conditions in Grenada and the Caribbean, reaffirming its commitment to improving healthcare systems regionally and globally.

COFCO

Post in 2014
COFCO is the largest supplier of diversified products and services in the agricultural products and food industry in China. It is devoted to utilizing renewable natural resources to provide healthy and nutritious food, high quality lifestyle and services, as well as contributing to improve people’s living standards, social prosperity and stability. COFCO plays a pivotal role as a bridge in the markets of edible oils and foodstuff between China and the world, and serves as the main importing and exporting channel for bulk agricultural products such as wheat, corn, rice and sugar. As an investment holding company specialized in trade and processing of oil and foodstuff as well as other businesses, COFCO continuously strives to upgrade its oil and foodstuff chains, which include those of oils and oilseeds, corn, wheat, rice, wine, tomatoes, dairy products, meat, barley, tea, chocolate and various other products. In light of China's economic growth, return on shareholders’ value and available business resources, COFCO is also involved in the development of real estate, hotels, non-grain bio-energy, packaging, finance and other industries.

Lafarge India

Private Equity Round in 2013
Lafarge India Private Limited is a cement company in East India and a subsidiary of publicly listed French global cement leader Lafarge S.A., the second largest cement producer in the world and a leader in sustainable development.

Coastal Projects

Private Equity Round in 2009
Developer of infrastructure projects. The company's tunnel boring machines and drilling jumbos have facilitated the development of many projects such as metros and tunnels for the public and private sector.

K. S. Oils

Post in 2009
K. S. Oils Limited is an integrated edible oil company based in Morena, India, that operates both domestically and internationally. Established in 1985, the company specializes in the production of a variety of edible oils, including mustard oil, soybean oil, sunflower oil, and palm oil, marketed under trusted brands such as Kalash, Double Sher, and K S Gold. K. S. Oils is a significant player in the mustard oil segment, holding an 11% market share overall and a 25% share in branded mustard oil. In addition to its core offerings, the company produces by-products like de-oiled mustard cakes and de-oiled soy meals, primarily used as cattle feed. K. S. Oils is also involved in commodity hedging, local trading, agricultural activities, and power generation through windmills, thereby diversifying its operations and enhancing its market presence.

Galloping Horse

Series A in 2008
Beijing Galloping Horse Film & TV Production Co., Ltd. is a prominent company engaged in the production and distribution of films, television series, and advertising solutions. Founded in 2003 and based in Beijing, China, the company has established a strategic partnership with Digital Domain Media Group. Galloping Horse specializes in creating content that caters to the elite class in China, providing them with entertainment options for social gatherings. Through its comprehensive advertising and production services, the company plays a significant role in the Chinese entertainment industry.

Rithwik Projects

Private Equity Round in 2008
Rithwik Projects Pvt. Ltd. provides construction and infrastructure development and management services in India. It handles irrigation, highway, building, railway, hydro power, and solar power projects. The company was founded in 1999 and is based in Hyderabad, India. As of February 28, 2010, Rithwik Projects Pvt. Ltd. operates as a subsidiary of M/S Kohinoor Hatcheries P Ltd.

Amsino International

Private Equity Round in 2008
Amsino Medical Group is a US-domiciled private company that develops, manufactures, and markets FDA Class I and Class II medical disposable products. Amsino markets its products under the AmSure brand as well as providing contract manufacturing services.

Pratibha Syntex

Private Equity Round in 2007
Pratibha Syntex Pvt. Ltd. manufactures textile products in India. It engages in organic cotton farming; manufacture of cotton, organic cotton, fair trade cotton, recycled cotton, viscose, modal, lyocell, polyester, recycled polyester, Tencel, wool, linen, and their blends; and knitting and dyeing performance, recycled cotton, basics, and blended fabrics. The company also produces garments, such as inner wear, active wear, casual/street wear, and hi-fashion products. Pratibha Syntex Pvt. Ltd. was incorporated in 1982 and is based in Mumbai, India.

Resilience

Venture Round in 2006
Resilience is a biopharmaceutical manufacturing and technology company based in La Jolla, California, established in 2020. It aims to enhance access to complex medicines and safeguard biopharmaceutical supply chains. The company specializes in end-to-end manufacturing and development solutions across various therapeutic modalities, including cell and gene therapies, viral vectors, vaccines, and proteins. Resilience provides customized manufacturing capabilities that cater to the diverse needs of biopharmaceuticals at all stages of the drug development process, from pre-clinical development to commercial supply. With a focus on developing new manufacturing technologies, Resilience ensures high-quality and regulatory-compliant processes for complex and novel medicines.

LightSand Communications

Venture Round in 2005
LightSand Communications, Inc. specializes in the development and supply of storage area network (SAN) and wide area network products designed for the interconnection of various data applications. The company provides a range of solutions, including fibre channel, Ethernet layer 2 over IP, and FICON, along with inter-fabric routing and intelligent bridging over routed IP gateways. Its OASIS Platform operates in the cloud as software as a service, catering to the needs of small and medium businesses. LightSand's offerings encompass intelligent storage wide area networks, SAN extensions, and management solutions, serving a diverse array of industries such as banking, telecommunications, healthcare, and aerospace. Founded in 1999 and headquartered in Plano, Texas, LightSand also has offices in Paris, France, and Yokneam, Israel, with additional locations in Palo Alto, California, and Porto, Portugal. The company is committed to providing high-quality technical support through a dedicated team of engineers and technicians, ensuring effective resolution of customer issues to maintain smooth business operations.

Noah

Series A in 2004
Noah Education Holdings Ltd. is a prominent provider of private education services in China, established in 2004 and headquartered in Shenzhen. The company operates a network of nearly 100 self-owned schools and kindergartens, along with over 800 training centers, which include both self-operated and franchised facilities. Noah focuses on high-quality educational offerings, including premium preschool, primary, and secondary education, as well as supplemental English language training for children aged 2 to 18. The company operates under various brands such as Noah, Little New Star, Wentai, Qingan, and Yuanbo Education. Its services are concentrated in regions with developed economies and high demand for educational quality. With a commitment to excellence, Noah collaborates with leading real estate developers and local government authorities to enhance educational access and quality. The organization employs over 4,000 teachers, serving approximately 35,000 students across its educational institutions, thereby earning recognition and trust from parents and the community.

LightSand Communications

Venture Round in 2002
LightSand Communications, Inc. specializes in the development and supply of storage area network (SAN) and wide area network products designed for the interconnection of various data applications. The company provides a range of solutions, including fibre channel, Ethernet layer 2 over IP, and FICON, along with inter-fabric routing and intelligent bridging over routed IP gateways. Its OASIS Platform operates in the cloud as software as a service, catering to the needs of small and medium businesses. LightSand's offerings encompass intelligent storage wide area networks, SAN extensions, and management solutions, serving a diverse array of industries such as banking, telecommunications, healthcare, and aerospace. Founded in 1999 and headquartered in Plano, Texas, LightSand also has offices in Paris, France, and Yokneam, Israel, with additional locations in Palo Alto, California, and Porto, Portugal. The company is committed to providing high-quality technical support through a dedicated team of engineers and technicians, ensuring effective resolution of customer issues to maintain smooth business operations.

Celetron International

Private Equity Round in 2001
Celetron is India's largest exporter of electronics, with over 20 years of experience in delivering complete end-to-end solutions for electronic OEMs. As a technology leader, the Company focuses on providing world-class engineering solutions in a cost-effective manner. Celetron's services include: precision electro-mechanical assembly (including optical components); PCB and memory-module test and assembly; the manufacture of power conversion equipment and RFID products; box-build and systems integration; and the supply of design, engineering and other prototype services.

Sipix

Series A in 2001
Sipix specializes in the manufacturing of digital imaging appliances and electrophoretic display (EPD) technologies. The company provides a diverse range of innovative products that encompass image capture and output, allowing users to share images instantly and affordably. In addition to consumer imaging solutions, Sipix develops electronic paper modules that display digital readouts for various applications, including high-resolution displays, electronic shelf labels, and smart cards. By offering custom manufacturing of EPD materials, Sipix enables system designers to efficiently bring their products to market, thereby enhancing the overall user experience across multiple consumer sectors.

RapidStream

Series C in 2001
RapidStream specializes in providing advanced cybersecurity solutions through its patent-pending RapidCore technology, which integrates virtual private network (VPN) and firewall functionalities. The company offers ASIC-based appliances designed for high performance and security, catering to service providers, data centers, and enterprises that demand robust interoperability and scalability. Additionally, RapidStream's product lineup includes the Firebox Vclass series of firewall and VPN appliances, further enhancing its portfolio in the cybersecurity market.
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