TPG NewQuest

NewQuest is a private equity platform based in Hong Kong, focused on the Asia-Pacific region. Established in 2011 as a spin-out from Bank of America Merrill Lynch's Asian Private Equity team, the firm specializes in providing alternative liquidity solutions to private equity asset owners. NewQuest engages in direct and indirect acquisitions of private equity positions through portfolio and single asset transactions. The firm collaborates with incumbent managers to offer liquidity options to limited partners, ensuring that transactions are tailored to meet the specific objectives of sellers and the needs of existing managers and portfolio companies. NewQuest focuses its investments in various sectors, including business services, consumer goods, environmental services, financial services, healthcare, and technology, media, and telecommunications.

Gupta, Amit

Partner

Bonnie Lo

Partner and COO

Darren Massara

Managing Partner

16 past transactions

KreditBee

Series D in 2024
KreditBee is a financial technology company based in India that specializes in digital lending services, focusing on small-ticket personal loans for salaried individuals, young professionals, and college students. The company leverages technology and data analytics to simplify the loan application and approval process, making credit more accessible and convenient. KreditBee's online platform allows users to quickly apply for loans and receive funds, often within hours, catering to those who may not have a credit history or access to traditional financing options. By offering flexible installment-based payment plans, KreditBee aims to provide hassle-free financing solutions for individuals pursuing their aspirations.

Cashify

Venture Round in 2023
Cashify is an online marketplace based in Gurgaon, Haryana, India, specializing in the resale of used electronic gadgets. The platform provides customers with a convenient way to sell their old devices, offering instant cash and free home pickup services. Cashify's system allows users to assess the value of their gadgets by evaluating factors such as model number, defects, and physical condition, facilitating a straightforward selling experience. This service caters to individuals looking to efficiently dispose of their outdated electronics while ensuring they receive fair compensation for their items.

Cloudnine Hospitals

Private Equity Round in 2023
Cloudnine Hospitals, founded in 2007 by Dr. R. Kishore Kumar and his co-founders, is a leading healthcare provider in India specializing in maternal, gynecological, neonatal, and pediatric care. With a mission to elevate healthcare standards, Cloudnine aims to transform societal attitudes towards pregnancy, promoting the idea that it is a celebration of life rather than an illness. The organization offers a wide range of services, including support for infertility, conception, and delivery, while ensuring comprehensive medical care throughout pregnancy and beyond. Cloudnine operates over 20 facilities across major cities such as Bengaluru, Chennai, Gurgaon, Mumbai, Pune, and Chandigarh, with plans for further expansion to enhance access to quality healthcare for women and children throughout India. The hospital group is committed to maintaining international standards of care, reflecting its vision of providing world-class healthcare services.

KreditBee

Series D in 2022
KreditBee is a financial technology company based in India that specializes in digital lending services, focusing on small-ticket personal loans for salaried individuals, young professionals, and college students. The company leverages technology and data analytics to simplify the loan application and approval process, making credit more accessible and convenient. KreditBee's online platform allows users to quickly apply for loans and receive funds, often within hours, catering to those who may not have a credit history or access to traditional financing options. By offering flexible installment-based payment plans, KreditBee aims to provide hassle-free financing solutions for individuals pursuing their aspirations.

Cashify

Series E in 2022
Cashify is an online marketplace based in Gurgaon, Haryana, India, specializing in the resale of used electronic gadgets. The platform provides customers with a convenient way to sell their old devices, offering instant cash and free home pickup services. Cashify's system allows users to assess the value of their gadgets by evaluating factors such as model number, defects, and physical condition, facilitating a straightforward selling experience. This service caters to individuals looking to efficiently dispose of their outdated electronics while ensuring they receive fair compensation for their items.

iD Fresh Food

Series D in 2022
iD Fresh Food is a Bangalore-based company specializing in the manufacture of ready-to-cook packaged foods that celebrate traditional Indian cuisine. The company produces a variety of items, including idli and dosa batter, parathas, whole wheat chapatis, chutneys, and filter coffee decoction, all made with fresh ingredients and without chemicals. With production facilities in major cities such as Bangalore, Chennai, Mumbai, Hyderabad, Mangalore, and Dubai, iD Fresh Food ensures a wide distribution network that includes supply to distribution centers in Mysore and Pune. The brand is also accessible through online grocery platforms like BigBasket, making it easy for consumers to enjoy nutritious and convenient meal options at affordable prices.

Sapphire Foods

Secondary Market in 2021
Sapphire Foods India Ltd is the largest franchisee of Yum! Brands in the Indian subcontinent, operating over 400 restaurants, including KFC, Pizza Hut, and Taco Bell across India, Sri Lanka, and the Maldives. The company is dedicated to fostering a culture of teamwork, integrity, and continuous improvement, emphasizing openness and honesty in its operations. By focusing on innovation and striving to enhance its services, Sapphire Foods aims to provide a better dining experience for its customers while maintaining a strong commitment to ethical business practices.

Cloudnine Hospitals

Private Equity Round in 2021
Cloudnine Hospitals, founded in 2007 by Dr. R. Kishore Kumar and his co-founders, is a leading healthcare provider in India specializing in maternal, gynecological, neonatal, and pediatric care. With a mission to elevate healthcare standards, Cloudnine aims to transform societal attitudes towards pregnancy, promoting the idea that it is a celebration of life rather than an illness. The organization offers a wide range of services, including support for infertility, conception, and delivery, while ensuring comprehensive medical care throughout pregnancy and beyond. Cloudnine operates over 20 facilities across major cities such as Bengaluru, Chennai, Gurgaon, Mumbai, Pune, and Chandigarh, with plans for further expansion to enhance access to quality healthcare for women and children throughout India. The hospital group is committed to maintaining international standards of care, reflecting its vision of providing world-class healthcare services.

Cosmos-Maya

Acquisition in 2021
Cosmos-Maya is an animation production studio that specializes in high-quality 3D and 2D animated content, primarily focusing on the children's entertainment sector. As a market leader in original Indian animation, the company has collaborated with major networks and platforms such as Disney, Viacom18, and Netflix, producing approximately 600 minutes of animation each month. Over the past five years, Cosmos-Maya has created more than 20,000 minutes of original animated content, including over 1,000 half-hour episodes. The studio also operates the WowKidz YouTube channel, which has rapidly grown to over 2 million subscribers and amassed more than 2 billion views. This extensive portfolio and strong digital presence position Cosmos-Maya as a significant player in the media and entertainment industry.

KreditBee

Series C in 2021
KreditBee is a financial technology company based in India that specializes in digital lending services, focusing on small-ticket personal loans for salaried individuals, young professionals, and college students. The company leverages technology and data analytics to simplify the loan application and approval process, making credit more accessible and convenient. KreditBee's online platform allows users to quickly apply for loans and receive funds, often within hours, catering to those who may not have a credit history or access to traditional financing options. By offering flexible installment-based payment plans, KreditBee aims to provide hassle-free financing solutions for individuals pursuing their aspirations.

U GRO Capital

Private Equity Round in 2017
U GRO Capital is a fintech platform dedicated to providing business loans tailored for small and medium enterprises (SMEs) across eight specific sectors, including healthcare, education, chemicals, food processing, hospitality, electrical equipment, auto components, and light engineering. The company offers both secured and unsecured loan solutions, aiming to meet the diverse capital needs of these businesses. U GRO Capital emphasizes a deep understanding of the sectors it serves, supported by an integrated technology and analytics framework, to create a comprehensive SME financing platform.

CC video

Series C in 2017
CC video is a Chinese video operation platform and technology services provider. By February 2011, more than 120 thousand websites had been connected with the company’s video service platform. The daily view count is over 50 million times and uploaded video clips exceed 7 million. The video storage amount exceeds 130,000,000 million. Set up by Zhang Yuan in Peking University Science Park in 2005, CC video has its own intellectual property.

d.light

Series D in 2016
D.light is a developer of solar home lighting and power products aimed at making clean energy accessible and affordable for rural and semi-urban populations. The company's offerings include a range of solar-powered devices such as lights, radios, televisions, fans, and other home appliances, all of which are part of rechargeable solar kits. These products are designed to improve health, increase productivity, and enhance the overall quality of life for users by providing reliable and sustainable energy solutions.

Ujjivan

Private Equity Round in 2015
Ujjivan Small Finance Bank Limited is a banking institution in India that focuses on serving financially unserved and underserved segments, with a commitment to enhancing financial inclusion. Established in 2016 and headquartered in Bengaluru, the bank operates through Treasury, Retail Banking, and Corporate/Wholesale Banking segments. It offers a wide range of banking products, including savings and current accounts, various deposit schemes, and an extensive suite of loan products. These loans cater to diverse needs, such as group loans for business, education, and agriculture, individual loans, housing loans, and loans for micro and small enterprises. The bank also provides mobile, phone, and online banking services, along with debit cards and various insurance products. As of March 31, 2020, Ujjivan operated 575 banking outlets and 475 ATMs across India. It is a subsidiary of Ujjivan Financial Services Limited, which began as a non-banking financial company in 2005, dedicated to serving the economically active poor.

Om Logistics

Venture Round in 2007
Om Logistics is a logistics and supply chain management service provider that caters to various industries, including automotive, consumer and retail, telecom, energy, technology, pharmaceuticals, and manufacturing. The company offers a comprehensive range of services, such as warehousing, air cargo, speed trucking, import and export, third-party logistics (3PL), railway and sea cargo, full truckload (FTL), part truckload (PTL), and express cargo. By leveraging technology, Om Logistics aims to deliver cost-effective solutions for complex logistics challenges, ensuring efficient management of supply chains for its clients.
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