EschCollectionFrom our Singapore headquarters, the GPCA Asia research team covers China, Southeast Asia, India and neighboring South Asian markets.
An archive of Asia research reports can be found here.
Members can access GPC Analytics for a ten-year archive of Asian private capital transactions and data cuts.
Team
Felicia Chia, Asia Director
Alex Fichter, Manager, Research
Jia Xin Ong, Manager, Marketing & Membership
Yao Hwee Heng, Senior Analyst, Research
Darsh Parekh, Analyst, Research
Steve Okun, Senior Advisor
Asia Research
2023 Emerging Tech Trends in Asia
28 February 2023As digitization spreads across industries and with the continued growth of venture capital, tech investment has grown to represent the majority of private capital activity in Asia, even amidst the… Read More
Private Credit in Asia: Opportunities and Themes for 2023
28 February 2023Both long-term structural trends and recent shifts in market dynamics are driving the growth of private credit activity in Asia, which reached record levels in 2022. This report explores recent… Read More
2023 Trends in Global Tech
21 February 2023Overview GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central & Eastern Europe and the Middle East. Amidst a… Read More
2023 Industry Data & Analysis
21 February 2023Private capital investment activity across GPCA’s markets remained strong by historical standards in 2022, with fund managers deploying USD208b. Overall deal value declined 22% from 2021, yet 2022 was still… Read More
2022 Southeast Asia Data Insight
29 March 2022Despite rolling COVID-19 travel restrictions across much of Southeast Asia in 2021, investments reached a record USD21.5b with e-commerce, logistics and payments companies leading the way Additional analysis includes: Highlights… Read More
2022 India Data Insight
29 March 2022Private capital investment in India concentrated in the consumer goods & services industry with a record USD23.5b invested in 2021 as companies targeted the second-largest consumer market globally. Additional analysis… Read More
2022 Global Private Capital Industry Data & Analysis
16 February 2022GPCA Members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle… Read More
Mid-Year 2021 Global Private Capital Industry Data & Analysis
16 September 2021GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East Key data takeaways: All major markets posted year-over-year gains… Read More
2022 Southeast Asia Startup Directory
22 February 2022GPCA Members can log in to receive exclusive access to the underlying data (Excel). VC funding in Southeast Asia reached a record high of USD10.3b in 2021. Our inaugural Southeast Asia Startup Directory… Read More
China 2021 Data Insight
26 May 2021Rebounding quickly from the pandemic, China VC activity drove private capital investment to USD72b in 2020 Private capital fund managers invested a record USD72b in China in 2020, driven by… Read More
Emerging Tech Trends in Southeast Asia: Foodtech, Fintech, Healthtech and Edtech
8 November 2021COVID-19 has accelerated digital transformation in Southeast Asia. As the digital economy expands, so does investment in tech-enabled businesses. According to data compiled by GPCA, technology deals accounted for 83%… Read More
GPCA Trends in Global Tech
16 February 2022GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central and Eastern Europe and the Middle East. With VC representing… Read More
India 2021 Data Insight
31 March 2021GPs deployed a record USD29.5b in India, targeting longterm technology, healthcare, and infrastructure opportunities Private capital deal value in India reached new highs in 2020, even as the pandemic and… Read More
Southeast Asia 2021 Data Insight
31 March 2021After a record-breaking 2019, GPs raised USD1.9b Southeast Asia-dedicated funds raised USD1.9b in 2020 as fewer venture capital (VC) managers returned to raise capital after a historic year in 2019.… Read More
Asia News
KKR To Acquire Majority Stake in China’s Ruirentang Pharmaceutical Group
KKR agreed to acquire a majority stake in China-based pharmacy chain Ruirentang Pharmaceutical Group. Read More
Baring Private Equity Partners India Leads USD15m Series A for India’s SatSure
Baring Private Equity Partners India led a USD15 Series A for SatSure, an India-based innovative decision analytics company specializing in satellite imagery, with participation from Omidyar Network India and xto10X,… Read More
BPEA Exits India’s Coforge for USD924m
BPEA EQT fully exited its remaining 26.6% stake in India-based IT services provider Coforge for USD924m through a block trade. Read More
Stepstone Leads USD200m Series E for India’s Zepto
Stepstone Group led a USD200m Series E for Zepto, an India-based grocery delivery platform, with participation from Goodwater Capital, as well as follow-on from Nexus Venture Partners, Glade Brook Capital… Read More
Everstone Exits 29.5% Stake in India’s SJS Enterprises for ~USD66m
Everstone Capital fully exited its remaining 29.5% stake in SJS Enterprises, an India-based decorative auto-parts manufacturer for car brands, for ~USD66m. Everstone first invested in SJS in October 2015. Read More
Temasek and TPG Invest USD80m in India’s Dr. Agarwal’s Health Care
India-based eye hospital chain Dr. Agarwal’s Health Care raised a USD80m round from Temasek and TPG Growth. Read More
Singapore’s Sirius Technologies Raises USD18m Series A
Sirius Technologies, a Singapore-based enterprise architecture platform, raised a USD18m Series A from Integra Partners, Cento Ventures and M Venture Partners. Read More
BPEA-Backed Sion Investment Holding Sells 19.4% Stake in India’s CMS Info Systems
Baring Private Equity Asia sold a 19.4% stake in India-based cash management and payment solutions provider CMS Info Systems via a share sale on the BSE for INR10.7b (~USD129.1m). Read More
Bain Capital and Advent International Exit Singapore’s Quest Global
Bain Capital and Advent International exited Quest Global, a Singapore-based engineering services company, through a secondary sale to The Carlyle Group. Bain and Advent first invested in the company in… Read More
General Atlantic Exits India’s 360 ONE
General Atlantic fully exited 360 ONE (formerly IIFL Wealth Management), an India-based wealth and alternates-focused asset management firm, by selling its remaining 1.16% stake. General Atlantic sold a 3.55% stake… Read More
Openspace Ventures Leafs USD6.9m Series A for Indonesia’s Beleaf
Alpha JWC Ventures led a USD6.8m Series A for Beleaf, an Indonesia-based farming-as-a-service provider, with participation from Openspace Ventures. Read More
Temasek To Invest ~USD145m in India’s MEAL
Temasek agreed to invest INR12b (~USD145m) in Mahindra Electric Automobile Limited, an India-based electric passenger vehicle manufacturer. Read More