TPG NewQuest

TPG NewQuest, established in 2011, is a Hong Kong-based private equity firm specializing in the Asia-Pacific region. It focuses on providing alternative liquidity solutions to private equity asset owners, both directly and indirectly. The company acquires private equity positions through portfolio and single asset transactions, and can also collaborate with incumbent managers to provide liquidity to limited partners. NewQuest's transactions are customized to meet the specific objectives of sellers and the needs of managers and portfolio companies, ensuring a discreet, smooth transition, and continued value creation for all stakeholders. As of now, NewQuest manages three funds with aggregate capital commitments exceeding US$1.25 billion.

Amit Gupta

Founding Partner

Bonnie Lo

Partner and COO

Darren Massara

Managing Partner

Min Lin

Founding Partner

16 past transactions

KreditBee

Series D in 2024
KreditBee is a financial technology company based in India that specializes in digital lending services, primarily targeting salaried individuals. The company focuses on providing small-ticket personal loans through an online micro-lending platform, which enables users, including young professionals and college students, to access financing without the need for a credit history or credit cards. By leveraging technology and data analytics, KreditBee streamlines the loan application and approval process, allowing users to apply for loans online and receive funds quickly, often within a few hours. This approach aims to make credit more accessible and convenient, catering to those who are creditworthy but lack traditional financing options.

Cashify

Venture Round in 2023
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

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, primarily targeting salaried individuals. The company focuses on providing small-ticket personal loans through an online micro-lending platform, which enables users, including young professionals and college students, to access financing without the need for a credit history or credit cards. By leveraging technology and data analytics, KreditBee streamlines the loan application and approval process, allowing users to apply for loans online and receive funds quickly, often within a few hours. This approach aims to make credit more accessible and convenient, catering to those who are creditworthy but lack traditional financing options.

Cashify

Series E in 2022
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

iD Fresh Food

Series D in 2022
iD Fresh Food is a Bangalore-based manufacturer specializing in ready-to-cook packaged food that emphasizes fresh and nutritious Indian cuisine. The company operates two production plants in Bangalore, along with facilities in Chennai, Mumbai, Hyderabad, Mangalore, and Dubai. iD Fresh Food offers a variety of products, including idli and dosa batter, parathas, whole wheat chapatis, chutneys, and filter coffee decoction, all made from fresh ingredients without chemicals. This focus allows the company to provide convenient and easy-to-prepare meal options that cater to the growing demand for healthy food alternatives. iD Fresh Food products are available through various distribution centers in Mysore and Pune, as well as online platforms like BigBasket, making them accessible to a wide customer base.

Sapphire Foods

Secondary Market in 2021
Sapphire Foods is a leading franchisee of Yum! Brands in the Indian subcontinent, operating over four hundred KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. The company primarily generates revenue through restaurant sales.

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, primarily targeting salaried individuals. The company focuses on providing small-ticket personal loans through an online micro-lending platform, which enables users, including young professionals and college students, to access financing without the need for a credit history or credit cards. By leveraging technology and data analytics, KreditBee streamlines the loan application and approval process, allowing users to apply for loans online and receive funds quickly, often within a few hours. This approach aims to make credit more accessible and convenient, catering to those who are creditworthy but lack traditional financing options.

U GRO Capital

Private Equity Round in 2017
U GRO Capital is a fintech platform that specializes in providing both secured and unsecured loans to small and medium enterprises (SMEs) across eight key sectors, including Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment and Components, Auto Components, and Light Engineering. The company aims to meet the capital needs of these businesses by offering tailored financing solutions that leverage sector-specific knowledge. U GRO Capital is committed to building a comprehensive SME financing platform, supported by a fully integrated technology and analytics infrastructure to enhance its lending processes and customer service.

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 develops solar-powered lighting and power products, including lights, radios, televisions, fans, and other home appliances. Their rechargeable solar kits aim to improve health, increase productivity, and enhance the quality of life for users in rural and semi-urban areas by providing access to clean energy.

Integreon

Acquisition in 2016
Integreon offers integrated knowledge process outsourcing services globally. It specializes in legal services such as electronic discovery, document review, due diligence, and legal research. Additionally, it provides financial services like investment research, business intelligence, and market research. Integreon serves a diverse client base including law firms, financial institutions, and corporations.

Ujjivan

Private Equity Round in 2015
Ujjivan Financial Services Limited, established in 2004, is a leading Indian financial services provider, headquartered in Bengaluru. It specializes in serving the economically active poor, offering a wide range of micro and rural finance products, housing, personal, vehicle, and institutional loans, along with group and individual insurance. As of 2020, it operated through 575 branches. In 2016, Ujjivan Small Finance Bank Limited was launched as a subsidiary, providing banking services including savings and loan products, mobile banking, debit cards, and insurance to unserved and underserved segments, with 575 banking outlets and 475 ATMs as of 2020. Both entities are committed to promoting financial inclusion in India.

Om Logistics

Venture Round in 2007
Om Logistics is a provider of logistics and supply chain management services. It offers warehousing, air cargo, speed trucking, import and export, 3PL logistics, railway and sea cargo, full truckload and less-than-truckload services, and express cargo, along with broader supply chain solutions. The company serves automotive, consumer and retail, telecom, energy, technology, pharmaceutical and life sciences, and manufacturing industries, delivering surface, air, rail, and warehouse storage services. By leveraging technology-enabled processes, Om Logistics aims to deliver efficient, integrated logistics and supply chain management across diverse and challenging environments.
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