TPG NewQuest
TPG NewQuest is a private equity firm based in Hong Kong, established in 2011, that focuses on secondary transactions and alternative liquidity solutions in the Asia-Pacific region. The firm specializes in acquiring private equity positions through both portfolio and single asset transactions, often partnering with existing managers to provide tailored liquidity solutions to limited partners. TPG NewQuest typically invests between $15 million and $100 million per deal, targeting sectors such as power, retail, clean energy, telecommunications, media, technology, financial services, healthcare, and logistics. The firm has a particular interest in markets like India, Singapore, Greater China, Japan, Southeast Asia, South Korea, Australia, and Taiwan, with specific investment preferences in logistics, healthcare management, and consumer electronics, among others. With over $1.25 billion in capital commitments under management, TPG NewQuest aims to create value for all stakeholders through discreet and smooth transitions in its investment processes.
Cashify is an e-commerce platform that specializes in the reselling of used electronic gadgets, offering a seamless experience for customers looking to sell their old devices. Originally known as ReGlobe, the company, which is a registered trademark of Manak Waste Management Pvt Ltd, is based in Gurgaon, Haryana, India. Cashify provides users with tools to assess the value of their gadgets by considering factors such as model number, defects, and overall condition. The platform facilitates hassle-free transactions, allowing customers to receive instant cash for their devices, along with the convenience of free home pickup. By promoting the idea that one person's waste can become another's resource, Cashify aims to simplify the process of selling used electronics.
Sapphire Foods India Pvt. Ltd. is the largest franchisee of Yum! Brands in the Indian subcontinent, operating over 400 restaurants under the KFC, Pizza Hut, and Taco Bell brands across India, Sri Lanka, and the Maldives. Established in 2009 and headquartered in Mumbai, the company focuses exclusively on the food and beverage sector. Sapphire Foods emphasizes collaboration, integrity, and continuous improvement within its business operations. The organization strives to create a positive work environment, believing that teamwork is essential for growth and success. Through a commitment to openness and innovation, Sapphire Foods aims to enhance its services and offerings continually.
Private Equity Round in 2021
Cloudnine was set up in 2007 by the renowned neonatologist Dr. R. Kishore Kumar along with his co-founders, in partnership with investing partners Matrix Partners India, Sequoia India, Truenorth Advisors, Cloudnine is India’s premier destination for comprehensive maternal, gynaecological, neonatal and paediatric care. The organization’s vision is to effectively bridge the gap between Indian and international standards through a combination of clinical excellence, comprehensive care and an atmosphere of well-being, to ensure world-class standards in woman and child healthcare. Cloudnine has pioneered and transformed society’s perception from ‘Pregnancy Is Illness’ to ‘Pregnancy Is Wellness and a Celebration of Life’. This philosophy has now transcended into every aspect of care across maternity, gynecology, fertility, neonatology and pediatrics services provided at Cloudnine. Cloudnine has expanded its reach to over 20 facilities across India in the cities of Bengaluru, Chennai, Gurgaon, Mumbai, Pune, Chandigarh and is in the process of setting up its world-class facilities across several other cities in India. Cloudnine group of hospitals have continued to maintain and excel international standards of care and is growing strong with the group's vision to reach every woman and child across India.
Cosmos-Maya is an animation production studio that produces high-quality 3D as well as 2D animation content. The market leader in original Indian animation content production the company has worked on several IPR and commissioned projects for Television and Digital platforms including Viacom18, Disney Networks, Turner International, Sony Pictures Network, Discovery Networks, YouTube, Netflix, ALT Balaji & Amazon Prime Video. The studio produces around 600 minutes (30 half hours) of animation on a monthly basis. Cosmos-Maya has produced over 20000 minutes of original animated content created in the last 5 years, (comprising of over 1000 half hour episodes) ready/currently on air. Launched in 2016, Cosmos-Maya’s YouTube channel WowKidz is one of the fastest growing kids’ platforms with an active subscriber base of over 2 Million and total view count of more than 2 Billion.
KreditBee is an online micro-lending platform designed to offer instant personal loans primarily to young professionals and college students. Users can apply for salary advances of up to ₹ 1 lakh with minimal documentation, ensuring a swift process that takes no more than 15 minutes from registration to fund disbursement. The platform caters to individuals without credit history or credit cards, providing flexible installment-based payment plans. This approach enables those who are creditworthy but lack traditional financing options to access personal finance conveniently and efficiently. Upon approval, the loan amount is transferred directly to the user's bank account, facilitating immediate financial support for various needs.
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 is a company that designs, manufactures, and distributes solar lighting and power products, primarily aimed at households and small businesses lacking reliable electricity. Founded in 2007 as a for-profit social enterprise, d.light has developed a range of products, including solar lanterns, home systems, and various appliances, to serve over 2 billion people globally. With distribution hubs in East and West Africa, India, Southeast Asia, and the United States, the company has reached over 65 million individuals, providing affordable and accessible solar solutions. d.light is committed to transforming energy usage and payment methods, enhancing the quality of life for users in rural and semi-urban areas through its innovative solar-powered products. The company operates from its headquarters in Palo Alto, California, with additional offices in key locations such as Shenzhen, China; Gurgaon, India; Nairobi, Kenya; Kampala, Uganda; and Lagos, Nigeria.
Integreon Managed Solutions, Inc. is a provider of integrated knowledge process outsourcing services with operations in India, the Philippines, and the United States. The company specializes in a range of legal services such as electronic discovery, legal document review, due diligence, and legal research. It also offers financial services that include investment research, business intelligence, and legal and financial document management. Additionally, Integreon develops commercial software for workflow management and document comparison. Its clientele comprises law firms, investment banks, private equity firms, hedge funds, and various corporations. Founded in 1999 and headquartered in New York, Integreon has project management teams in major cities including London and Los Angeles, alongside delivery centers in Mumbai, New Delhi, and Fargo. The company aims to enhance operational efficiency for its clients by streamlining processes and improving the quality of their deliverables.
Private Equity Round in 2015
Ujjivan Financial Services Limited, founded in 2005 and headquartered in Bengaluru, India, specializes in providing a comprehensive range of financial services aimed at economically active poor individuals in urban and semi-urban areas. The company offers a variety of products, including micro and rural finance, housing loans, personal and vehicle loans, and loans for micro and small businesses. Additionally, Ujjivan provides group and individual insurance products. Its subsidiary, Ujjivan Small Finance Bank Limited, was established in 2016 and focuses on serving financially unserved and underserved segments through banking products, including savings and current accounts, fixed deposits, and an array of loan offerings such as agricultural, educational, and personal loans. Ujjivan operates a significant network of banking outlets and ATMs, reflecting its commitment to financial inclusion in India.
Provider of logistics services intended to serve automotive, consumer and retail, telecom, energy, technology, pharmaceutical and life science, and manufacturing industries. The company offers surface services, air services, rail services, and warehouse storage services, providing clients with cost-effective technology-enabled services to challenging logistics and supply chain management.
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