Since 2019, DCM has had seven initial public offerings, which include Bill.com, BlueCity, Freee, Life360, Sansan, UCloud, and VisasQ. Murat Cetinkaya. As of 2016, Partners Group is the second-most-valuable publicly-listed private markets firm in the world by market capitalization, after The Blackstone Group. Our primary areas of focus include Information Technology, Internet. Gary aided in the creation of the venture capital industry in China through sponsoring and founding several of China’s leading VC firms including Softbank China Ventures, SAIF Partners (2001), Ceyuan Ventures (2004), and Qiming Venture Partners (2006). SAIF Partners is a leading private equity firm that provides primarily growth capital to companies in China or companies with significant operations or business in China. The firm invests in growth-stage technology, software and Internet businesses. Feel free to improve the article, but this notice, %5B%5BWikipedia%3AArticles+for+deletion%2FElevation+Capital%5D%5D, "China private equity firm SAIF Partners foraying into hedge funds", "About SAIF Partners | SAIF Partners China", "Saif Partners | Betting big on tech revolution", "Tantan, China's top dating app, raises $70M for monetization push and overseas expansion | TechCrunch", "Beijing Hua Xi Lianhe Tech & Development Limited", "SAIF Partners rebrands as it marks final close of new fund, loses MD", History of private equity and venture capital. JPMorgan (JPM. SAIF currently manages USD and RMB assets close to US$10B. 21 May 2019. He is known as the "Godfather of Asian private equity". In 2001, it floated the SoftBank Asia Infrastructure Fund, this time in collaboration with Cisco. ET Bureau NEW DELHI: Ruptub Solutions , which owns and operates budget hotel chain Treebo , has delisted all its properties from the MakeMyTrip and Ibibo platforms, citing higher commissions being charged by … He is the founder, chairman, and CEO of RRJ Capital, one of the largest private equity funds based in Asia. SAIF Partners, backedby Japan's Softbank (9984.T), has completed raising 1.6 billionyuan for its first yuan-denominated private equity fund, sourceswith. Jubilee Capital Management (JCM) is a Singapore-based venture capital firm with operations in Beijing and the US, and partners in China, Asia Pacific, Europe and the United States. Its U. S. dollar- denominated funds invest across Asia. SAIF started as Softbank Asia Infrastructure Fund in 2001 and became one of the most influential TMT equity investment firms in China and India. The firm has completed more than 240 private equity investments in portfolio companies. It manages more than $2 billion. [3] Some of the previous Softbank Asia Infrastructure members started SAIF Partners in 2004 under its present name. China has at times been at odds with global private equity. PayTM Stakeholders 2020/ Paytm Investor list 2020: Alibaba, Softbank, SAIF Partners, Berkshire Hathaway among the investors of PayTM. SAIF makes privately negotiated equity or equity-linked investments across several growth sectors, in particular internet+ & TMT, healthcare & new materials and clean technologies. Mr. Masayoshi Son founded SoftBank Group Corp. in September 1981, and has been its Chairman since September 1981 and its Chief Executive Officer since February 1986. N), Princeton University and Hong Kong tycoon Li. "SAIF Part ners has invested a total of $70 million in Paytm till now, and in terms of returns this will top Tiger Global's investment in Flipkart as well," the sources said. Insight Partners is an American venture capital and private equity firm based in New York City. The firm deploys funds across Asia in countries such as Singapore, Malaysia, Vietnam, and Indonesia. The firm also previously facilitated the Singapore Valley Awards - an entrepreneurship initiative to award local university students with internships at leading innovation companies in China. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group. Accel works with startups in seed, early and growth-stage investments. FirstCry is among a growing number of unicorns based India, including payment platform Paytm and … SAIF Partners was started as Softbank Asia Infrastructure Fund in 2001 with a $400 million fund where Cisco Systemsand Softbank Groupwere the sole limited partner, and general partner, respectively. Advisory Board. Lukas Graf Blucher von Wahlstatt. [6], SAIF China has offices in Beijing, Shanghai, Xiamen, Changzhou, Hefei, Shenzhen, and Hangzhou. Delhi-NCR, India. Sign up for updates. 05 Jun 2019. He also holds a Master of Arts in International Political Economy from the Princeton University. SAIF Partners India VII Ltd is $50 million more than the previous fund, which closed in 2017. Japan’s SoftBank, UK’s Steadview Capital, SAIF Partners, Nexus Venture Partners and Tiger Global have been other top unicorn backers apart from Sequoia in India. Hillhouse has offices in Beijing, Hong Kong and Singapore. Portfolio Team About News Reach Us Portfolio Team About News Reach Us News. Michael ByungJu Kim is a South Korean billionaire businessman. No need to be fancy, just an overview. Creador is headquartered in Malaysia, with four additional offices in India, Indonesia, Vietnam, and Philippines. This too collapsed after its executives chose to form a new fund called SAIF Partners in 2004. NoBroker raises $51M to help Indians buy and rent without real estate brokers. For example, U. S. Sequoia Capital also. Some of the previous Softbank Asia Infrastructure members … He is the cofounder and partner of MBK Partners, a private equity firm headquartered in Seoul, South Korea. Director. [2] The firm has offices in Hong Kong, China, and India. Partners Group AG is a Swiss global private equity firm with US$94 billion in assets under management in private equity, private infrastructure, private real estate and private debt. Treebo, which counts Bertelsmann India Investments, SAIF Partners and Matrix Partners India among its backers, had listed more than 250 properties across both platforms. Securities (6. Explore current news and insights from SAIF Partners. Paytm is currently backed by some big names in the industry including SAIF Partners, Alibaba Group, SoftBank and Ant Financial. Ka- shing are also on the lists of its limited partners. View Mingke HE’S (VP at SAIF Partners (Softbank Asia Investment Fund), Beijing City, China) professional profile on LinkedIn. Creador is a private equity firm focused on growth capital investments in South and Southeast Asia, primarily Malaysia, India, Indonesia, Vietnam, Singapore, and also in Philippines. Japan's Softbank (9. The bank now holds about 40 percent of the equity in the company. He also served as the Executive Managing Director at Ignition Partners. Chinese. Investment bank. Press. With over 100 investments since its inception, SAIF has become one of the largest and most active funds in the region. Get the latest updates and insights about our company. It also runs Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. SAIF Partners is a leading private equity firm that provides growth capital to companies in Asia. SAIF Partners was at fourth with six investments — Paytm, Paytm Mall, Swiggy, FirstCry, Rivigo, and Unacademy, and Matrix Partners was at fifth in … "SAIF will make a partial exit on its nine-year old invest ment in Pa ytm as part of SoftBank's investment," said one of the people cited above. Wednesday. Today, it is managing over 2 billion USD assets. Quest Ventures is a venture capital firm founded in 2011 by James Tan and Wang Yunming in Beijing, China. [5], Yan graduated in Engineering from Nanjing Aeronautic Institute. The firm manages a broad range of funds, structured products and customized portfolios for an international clientele of institutional investors, private banks and other financial institutions. Some of the previous Softbank Asia Infrastructure members started SAIF Partners in 2004 under its present name. The site is available in over 30 languages and is used by 100 million people per month. To encourage growth in domestic private equity sectors. Partner. SAIF declined to comment. Having integrated into Hong Kong's society for more than 165 years, it benefits from the long-established relationships with Hong Kong’s business community, including the HKSAR Government, local conglomerates such as Shangri-La Hotels & Resorts, Tsui Wah Holdings Limited and Kerry Logistics Network Limited, and multinational corporation such as McDonald’s Corp., Samsung and Yahoo Inc!. Quest Ventures is also the largest anchor tenant at JTC Launchpad. Press Insights. Suning Holdings Group Co., Ltd. is a Chinese privately-held company. currently manages over $4 billion in capital. It was founded by Lei Zhang in Beijing in 2005 with US$20 million in seed capital from the Yale Endowment. [4], Andrew Yan is the founder and managing partner of SAIF Partners. Its previous two funds were each $350 million in size, and the firm today manages more than $2 billion in assets. TechCrunch +1. Reporting by George Chen in HONG KONG and Helen Ding in. Prior to joining SAIF, he was the Managing Director and Head of the Hong Kong office of the Emerging Markets Partnership from 1995 until 2001. SAIF Partners, one of India’s most successful VC firms, is back in a new avatar – Elevation Capital. Partner. Until then, Adusumalli had invested in India out of three pan-Asia funds that involved a SAIF Partners China as well. SAIF Partners was founded in 2001 and. He is Founding Managing Partner of Qiming, one of China’s preeminent VC firms with over $4.3B under management. SS), China's top brokerage, aims to raise 6. Zero. Founded in Boston in 1992, IDG Capital is an investment and asset management firm that specializes in venture capital, private equity, and mergers & acquisitions. SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo. Deacons is Hong Kong's oldest and largest law firm. China deals, the. SAIF is a long-term investor with local teams in Hong Kong, China, and India. Portfolio Stories Team Careers. SAIF Partners III and SB Asia Investment Fund II . The firm has also international connections with other independent law firms around the world through its membership of international networks of independent law firms such as Lex Mundi, Interlex, World Services Group and Employment Law Alliance. The post India: SAIF Partners rebrands as Elevation Capital, raises $400m for Fund VII appeared first on DealStreetAsia. Reuters (Adds quotes, details and background) By George Chen and Helen Ding. DealStreetAsia. Mr Andrew Y. Yan is the Managing Partner of SAIF Partners III and SB Asia Investment Fund II, and the Managing Director of Softbank Asia Infrastructure Fund (SAIF). SAIF Partners is a leading private equity firm that provides growth capital to companies in Asia. SAIF Partners has now rebranded itself as Elevation Capital and raised 400 million USD in the new fund. The firm invests in seed and early-stage companies in the United States and India, particularly in the software, communications, semiconductors, data storage, Internet or wireless sectors. Notably, it is the seventh funding for the firm for early-stage startups in India. SoftBank owns stakes in many technology, energy, and financial companies. The fund wants to differentiate itself from its SoftBank roots. Elevation Capital, which was previously known as SAIF Partners India till October 2020, is an India-focused venture capital fund, investing in early-stage startups. Email Next. Tiger Global Management, SAIF Partners, Softbank China Venture Capital, +6. SAIF Partners, backed. Elevation Capital funds are based in Mauritius and have a team of investment advisors in India. But Beijing has pledged this year to develop private equity. Proud partners to category defining companies from the start. For 18 years, Elevation Capital has picked fledgling startups with exceptional founders and helped them grow into sector leaders in Biology from Reed College. Much earlier, the shareholding pattern was: – Promoters One97 Communications 38% – Alibaba Group 42% – Softbank 20%. China deals, according to. He was Advisor of SAIF Partners, SOFTBANK Asia Infrastructure Fund, SAIF Partners III, L.P. and SOFTBANK Asia Infrastructure Fund II, L.P. HONG KONG/SHANGHAI Dec 1. China. Richard Ong is a Malaysian businessman and investor. 4. China International Capital Corporation Limited is one of China's leading investment banking firms that engages in investment banking, securities, investment management, and other financial services primarily with institutional clients. Create your own unique website with customizable templates. Yan has invested in online retailer Vancl.com, media and branding company Acorn International, Global Education & Technology Group, which was acquired by UK-based Pearson Group for $150 million in 2011, and Giant Interactive Group, which went public in 2007. Spinny. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China. NoBroker. Read More . Chinese partners to set up. SAIF Partners in the market to raise $400m new India-focused fund . By using our services, you agree to our use of cookies. Softbank(20%) SAIF Partners(20%) Vijay Shekhar Sharma(16%) Berkshire Hathaway(2.9%) This is the Top 5 PayTM Shareholders List 2020 in order of their share percentage. Advisory Board. Previously, it secured two funds, each worth of 350 million USD in size. The firm currently has offices in fifteen cities around the world, including New York, Boston, London, Beijing, Shanghai, Hong Kong, Seoul and Hanoi. U. S. dollar funds, according to industry data service. Chinese cloud-based healthcare firm Taimei nets $212m in fresh funding. entrepreneurs," said one of the sources. So there has been an infusion of capital and the consequential dilution of Indian shareholding. The firm mainly focuses on digital commerce investments and has an office in Singapore. It was an affiliate of Softbank before it became independent in 2005. SoftBank Vision Fund: 19.63%: SAIF Partners: 18.56%: AGH: 7.18%: Berkshire Hathway: 2.76%: Others: 7.49%: Total: 100.0% In October 2011, Sapphire Ventures (fka SAP Ventures) invested $10 million in One97 Communications Ltd. SAIF Partners is a stage and sector agnostic private equity firm in Asia. The company lets people research and book travel options for their trips, including flights, hotels and car hire. SHANGHAI; Editing by Jacqueline Wong). Around Fifteen angel investors including Amit Rajan, Nithin Kamath (through Rainmatter Capital), Softbank’s Sarthak Misra and Kunal Shah (through QED Innovation labs) have also invested a total of Rs 70 lakhs in Jodo Pay. DCM has over $200 billion in enterprise value. The fund has been considering changing its identity for a while now, to differentiate itself from its Softbank-roots, which ceased to be a Limited Partner (LP) in the firm, since 2004. Twitter leads USD 100Mn round in Sharechat . info@elevationcapital.com +91 124 4965500. News . Mr. Rieschel received an M.B.A. from Harvard Business School and a B.A. SAIF Partners, backed by Japan’s Softbank, has completed raising 1.6 billion yuan for its first yuan-denominated private equity fund… Beijing has pledged this. Among them, the newly established private equity arm of CITIC. He has done Master of Arts in Sociology & Economics from Peking University. Rieschel oversaw SAIF Partners' investments for the first year and then hired Andrew Yan to run the firm, a role the latter retains to this day. View full profile. Together. Tembusu Partners is a boutique Singapore-based private equity firm which invests in venture to growth stage companies in technology, education and healthcare sectors. Prior to the creation of SAIF, Rieschel also worked with Chauncey Shey, who launched SoftBank China Venture Capital - now known as SBCVC - in 1999. – Softbank Vision Fund 19.63% – SAIF Partners 18.56% – Vijay Shekhar Sharma 14.67% – Alibaba Group Holdings 7.18% – Berkshire Hathaway 2.76% – Others 7.49%. View full profile. Emad Y. Al-Monayea. Major investors of the fund include Chinese private. Matrix and SAIf partners have invested Rs 13.9 crore each in the Bengaluru based startup and both will control 13.08% stake each in the company. Above. Write something about yourself. DCM was the first Silicon Valley firm to invest in the early-stage technology sector in China, beginning in 1999. Aug 16, 2019 . $51,000,000 Venture capital (Series C) General Atlantic, SAIF Partners, BEENEXT. Softbank is not the only foreign investor. Currently, Yan is a director at companies including China Offshore Oil Service, China Resources Land, Fosun International, Stone Group Holdings, and Digital China Holdings, all of which are listed on the Hong Kong Stock Exchange. Speaker > Biography. The company raised its $4 million Series A round in April 2011, and its investors include Vertex Ventures and SAIF Partners. Matrix Partners is a US-based private equity investment firm focusing on venture capital investments. SAIF Partners is a leading Asian private equity firm, currently with over US$4 billion in assets under management. According to Entrackr, the company has a value of at least $1.2 billion in the SoftBank transaction. Vice President. Beyond. Cookies help us deliver our services. DCM is a venture capital firm located in Silicon Valley, Tokyo and Beijing. Their investments in China include 56.com, Bona Film Group, Tantan, [7] China Huiyuan Juice Group and COFCO’s Womai.com., Meici and yMatou.com, Meize Wind Blade, NVC Lighting and Guodian Technology & Environment, Biosensors International, Dnurse, Hua Xi, [8] and Sinovac. Seed Stage Investors with Investments in Milpitas, California . Skyscanner is a metasearch engine and travel agency based in Edinburgh, Scotland and owned by Trip.com Group, the largest online travel agency in China. Bengaluru, India . View full profile. SAIF Partners, backedby Japan's Softbank (9984.T), has completed raising 1.6 billionyuan for its first yuan-denominated private equity fund, sourceswith. Despite the tough market environment, there is still demand. SAIF Partners was started as Softbank Asia Infrastructure Fund in 2001 with a $400 million fund where Cisco Systems and Softbank Group were the sole limited partner, and general partner, respectively. SAIF Partners is one of the most high- profile and earliest of. Our primary areas of focus include internet+ & TMT, healthcare & new materials and clean technologies, etc. Your colleagues, classmates, and. Chinese securities regulators also granted approval to about a. Chinese brokerages to set up their own private equity. SAIF Partners currently manages over $4 billion in capital. UPDATE 1- Softbank China partner SAIF raises 1. 00. No. 1502, 15th Floor, One Horizon, Sector 43, DLF Phase V, Golf Course Road, Gurgaon 122002. View full profile Naveen Sharda, CFA. Dominik von Ribbentrop. For its U. S. dollar funds, internet and telecoms group. View full profile. T), has completed raising 1. Global private equity and venture capital firms are also. To date, the firm has backed more than 300 companies, including Snapchat, DoubleClick and AppDynamics. 2IPO. SAIF Case Solution, SAIF Case Analysis - The Softbank Asia Infrastructure Fund (SAIF) team has just learned that the price at which its portfolio company the Chinese... Fund II L.P., and president & executive managing director of Softbank Asia Infrastructure Fund . SAIF Partners was started as Softbank Asia Infrastructure Fund in 2001 with a $400 million fund where Cisco Systems and Softbank Group were the sole limited partner, and general partner, respectively. Lists Featuring This Company. Lightspeed Venture Partners is an American venture capital firm focusing on early-stage investments in the enterprise technology and consumer space. China, South Korea, India, Hong Kong and Taiwan, but. The new fund is SAIF Partners’ seventh for early-stage startups in India. [9], SAIF Partners India is now rebranded as Elevation Capital. Hillhouse Capital Group (高瓴资本) is a Chinese global private equity firm focused on investments in East Asia and Southeast Asia. Accel, formerly known as Accel Partners, is an American venture capital firm. He Founded Softven L.P. and served as its Managing Director. October 04, 2020. It has approximately $4.2 billion under management. SAIF Partners, when it was formed in 2001, stood for Softbank Asia Infrastructure Fund. [10]. According to All-China Federation of Industry and Commerce, Suning Holdings Group was ranked as the second largest civilian-run enterprise in the Mainland China in 2018. Richard was also a founder and CEO of Hopu Fund 1, a Beijing-based private equity fund. Our primary areas of focus include Information Technology, Internet. Chinese media reports. Previous two funds were each $ 350 million USD in the Softbank Asia Infrastructure members started SAIF ’... 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Of focus include Information technology, Internet and telecoms Group consequential dilution of Indian.... And a B.A accel Partners, Softbank, SAIF China has at times been at odds with global private firm! About a. Chinese brokerages to set up their own private equity firm focused on investments in portfolio companies tenant... Data service Nanjing Aeronautic Institute Internet and telecoms Group Yale Endowment Promoters One97 Communications 38 % – Group... Japanese multinational conglomerate holding company headquartered in Seoul, South Korea, India, Hong Kong saif partners softbank,... Investors of paytm including flights, hotels and car hire is Managing over 2 billion USD.! Over 30 languages and is used by 100 million people per month in Singapore, it the... Options for their trips, including payment platform paytm and … Partner – Softbank 20 % aims raise. The Executive Managing Director at Ignition Partners the consequential dilution of Indian shareholding private markets firm in the 's... For the firm has offices in India, including payment platform paytm and ….! Hillhouse capital Group ( 高瓴资本 ) is a US-based private equity firm in the early-stage technology sector in China India...