Directory / Mind Map / Singapore
Fund, Investor & Acquisition Network
- 37 acquisitions
- 43 investors
- 0 search funds
- 57 PE funds
Inner ring: investors. Middle ring: funds and search funds, sized by how many investors back them. Outer ring: the acquisitions they made — click any node to highlight its network.
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Who is buying companies in Singapore?
WhoBoughtWho tracks 37 acquisitions of companies in Singapore (2018–2026), made by 57 buyers — private equity funds, search funds and strategic acquirers — backed by 43 investors. The most active sectors are Hospitals, Housing finance, Renewable energy, Packaged foods, Data centres, Education.
Most active acquirers in Singapore
- CA Plume Investments (private equity fund) — 1 acquisition: Quest Global Services Pte. Ltd. (2023).
- Indo-Infra Inc. (private equity fund) — 1 acquisition: Illuminate Asia Holdings III Pte. Ltd. (holding company of Lighthouse Learning Private Limited) (2025).
- Opal Bidco Pte. Ltd. (private equity fund) — 1 acquisition: STT GDC Pte. Ltd. / Singtel data centre assets (2026).
- Pelipper HoldCo SARL (private equity fund) — 1 acquisition: IBS Software Pte Ltd (2023).
- Ruby Asia Holdings II Pte. Ltd. (private equity fund) — 1 acquisition: STT GDC Pte. Ltd. (2024).
Browse the full list (100 funds/investors, 37 acquisitions in Singapore)
The graph above is the fast way to explore this — this plain list covers the same ground for anyone who'd rather scan or search text. Each name links to its own page centered on that entity.
- 2726247 Ontario Inc. — Investor
Investor. Backs OMERS Infrastructure Asia Holdings Pte. Ltd.
- 360 ONE Private Equity Fund — Private equity fund
Private equity acquisition vehicle. Acquired Bharti Life Ventures Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1740484146.pdf
- Aceso Company Pte. Ltd. — Private equity fund · Backed by CVC Network, CVC Capital Partners plc
Private equity acquisition vehicle. Acquired HealthCare Global Enterprises Limited in 2020. Source: https://www.cci.gov.in/images/summaryorders/en/1652334179.pdf
- Acquired HealthCare Global Enterprises Limited in 2020 (Hospitals), India. Oncology hospital chain Backed by CVC Network, CVC Capital Partners. Source: https://www.cci.gov.in/images/summaryorders/en/1652334179.pdf
- Advent International — Private equity fund, Boston, MA · Backed by Advent International
- Alpha Asia Holdings II Pte. Ltd. — Investor
Investor. Backs Indo-Infra Inc.
- Apax Partners LLP — Investor
Investor. Backs Pelipper HoldCo SARL, Tasmania Midco LLC.
- Aquilo House Pte. Ltd. — Private equity fund · Backed by CVC Capital Partners plc, CVC Network
Private equity acquisition vehicle. Acquired Aavas Financiers Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1725529351.pdf
- Acquired Aavas Financiers Limited in 2024 (Housing finance), India. Affordable housing finance company Backed by CVC Capital Partners plc, CVC Network. vehicle enrichment for existing deal Source: https://www.cci.gov.in/images/summaryorders/en/summary1725529351.pdf
- Aquilo House Pte. Ltd. (with CVC Capital Partners Asia VI (A) L.P., CVC Capital Partners Investment Asia VI L.P. and CVC Capital Partners Asia VI (B) SCSp as PACs) — Private equity fund · Backed by CVC Capital Partners plc
Private equity acquisition vehicle. Acquired Aavas Financiers Limited in 2024. Source: https://www.sebi.gov.in/statistics/open-offers/feb2025.html
- Acquired Aavas Financiers Limited in 2024 for Open offer under the SEBI Takeover Code: Rs 3,664.06 cr for 26% of equity at Rs 1,766.69 per share (Housing finance), India. Affordable-housing finance NBFC listed on BSE/NSE Backed by CVC Capital Partners. vehicle enrichment for existing deal - names the Singapore SPV and the three CVC Asia VI fund entities behind the recorded CVC | Aavas Financiers row Source: https://www.sebi.gov.in/statistics/open-offers/feb2025.html
- Ardor Holdings II Pte. Ltd. — Private equity fund · Backed by KKR & Co.
Private equity acquisition vehicle. Acquired Hero Future Energies Global Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/summary1664193025.pdf
- Acquired Hero Future Energies Global Limited in 2022 (Renewable energy), India. Renewable energy independent power producer Backed by KKR & Co. Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1664193025.pdf
- Ashoka India Equity Investment Trust plc — Investor
Investor. Backs Majesty II Pte. Ltd.
- Asia Healthcare Holdings Pte. Ltd. — Investor
Investor. Backs TPG Growth V SF Markets Pte. Ltd.
- Asia II Topco XIII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Federal Bank Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763624386.pdf
- Acquired Federal Bank Limited in 2025 (Banking), India. Private sector bank Backed by Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763624386.pdf
- Asia II Topco XIV Pte. Ltd. — Investor
Investor. Backs BCP Asia II Topco V Pte. Ltd.
- BCI IRR India Holdings Inc. — Investor
Investor. Backs BIF IV India Infra Holdings Pte. Ltd.
- BCP Asia II Holdco VII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Aadhar Housing Finance Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1758625124.pdf
- Acquired Aadhar Housing Finance Limited in 2025 (Housing finance), India. Affordable housing finance company Backed by Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1758625124.pdf
- BCP Asia II Topco II Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired R Systems International Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/summary1669635256.pdf
- BCP Asia II Topco II Pte. Ltd. (with Blackstone Capital Partners Asia II L.P.) — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired R Systems International Limited in 2022. Source: https://www.sebi.gov.in/statistics/open-offers/feb2024.html
- BCP Asia II Topco IV Pte. Ltd. — Private equity fund · Backed by Blackstone, Centella Mauritius Holdings Limited, TPG Inc.
Private equity acquisition vehicle. Acquired Quality Care India Limited (CARE Hospitals) in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1690860485.pdf
- BCP Asia II Topco V Pte. Ltd. — Private equity fund · Backed by Blackstone, Asia II Topco XIV Pte. Ltd., 360 ONE Private Equity Fund, Nexus Ventures VII Holdings, LLC, TVS Shriram Growth Fund 4
Private equity acquisition vehicle. Acquired Neysa Networks Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1772536615.pdf
- BCP TopCo XII Pte Ltd — Private equity fund · Backed by The Blackstone Group Inc.
Private equity acquisition vehicle. Acquired ASK Investment Managers Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652183760.pdf
- Acquired ASK Investment Managers Limited in 2021 (Asset management), India. Portfolio management and wealth manager Backed by The Blackstone Group Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/1652183760.pdf
- BCP V Multiple Holdings Pte. Ltd. — Private equity fund · Backed by Brookfield (Brookfield Business Partners L.P.)
Private equity acquisition vehicle. Acquired IndoStar Capital Finance Limited in 2020. Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Acquired IndoStar Capital Finance Limited in 2020 for Open offer under the SEBI Takeover Code: Rs 1,078.67 cr for 26% of equity at Rs 290.00 per share (NBFC / lending), India. Listed non-deposit-taking NBFC lending to corporates, SMEs and commercial-vehicle buyers Backed by Brookfield (Brookfield Business Partners L.P.). Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Bequest Inc. — Investor
Investor. Backs CA Plume Investments.
- BIF IV India Infra Holdings Pte. Ltd. — Private equity fund · Backed by Brookfield Asset Management, BCI IRR India Holdings Inc.
Private equity acquisition vehicle. Acquired Data Infrastructure Trust in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1706876741.pdf
- Acquired Data Infrastructure Trust in 2024 (Telecom infrastructure), India. Telecom tower investment trust Backed by Brookfield Asset Management, BCI IRR India Holdings Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1706876741.pdf
- BIF IV Jarvis India Pte. Ltd. — Private equity fund · Backed by Brookfield Asset Management, Data Infrastructure Trust, GIC (Ventures) Pte Ltd, British Columbia Investment Management
Private equity acquisition vehicle. Acquired ATC Telecom Infrastructure Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1711532327.pdf
- Acquired ATC Telecom Infrastructure Private Limited in 2024 (Telecom infrastructure), India. Telecom tower portfolio in India Backed by Brookfield Asset Management, Data Infrastructure Trust, GIC (Ventures) Pte Ltd, British Columbia Investment Management. Source: https://www.cci.gov.in/images/summaryorders/en/summary1711532327.pdf
- Big Banyan Holdings Pte. Ltd. — Private equity fund · Backed by Blackstone, ICQ Opportunities RC Holdco, Ltd., Times Internet Limited, Bolt IPL Holdings LLC
Private equity acquisition vehicle. Acquired Royal Challengers Sports Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1779105929.pdf
- Blackstone — Private equity fund, New York, NY · Backed by Blackstone
- Bolt IPL Holdings LLC — Investor
Investor. Backs Big Banyan Holdings Pte. Ltd.
- BREP Asia III India Holding Co VII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Kolte-Patil Developers Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1743565417.pdf
- BREP Asia III India Holding Co VIII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Bagmane Developers Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1730461138.pdf
- Acquired Bagmane Developers Private Limited in 2024 (Real estate), India. Bengaluru office park developer Backed by Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1730461138.pdf
- British Columbia Investment Management — Investor
Investor. Backs BIF IV Jarvis India Pte. Ltd.
- Brookfield (Brookfield Business Partners L.P.) — Investor
Investor. Backs BCP V Multiple Holdings Pte. Ltd.
- Brookfield Asset Management — Private equity fund, Toronto / New York, NY
- CA Plume Investments — Private equity fund · Backed by The Carlyle Group, Bequest Inc.
Private equity acquisition vehicle. Acquired Quest Global Services Pte. Ltd. in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1697713546.pdf
- Acquired Quest Global Services Pte. Ltd. in 2023 (Engineering services), Singapore. Engineering R&D services provider Backed by The Carlyle Group Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1697713546.pdf
- Caisse de depot et placement du Quebec — Investor
Investor. Backs CDPQ Infrastructures Asia II Pte. Ltd.
- Calvera Capital Pte Ltd — Private equity fund
Private equity acquisition vehicle. Acquired Marathwada Refractories Limited in 2017. Source: https://www.sebi.gov.in/statistics/open-offers/mar2018.html
- CDPQ Infrastructures Asia II Pte. Ltd. — Private equity fund · Backed by Caisse de depot et placement du Quebec
Private equity acquisition vehicle. Acquired Apraava Energy Private Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/1658311402.pdf
- Acquired Apraava Energy Private Limited in 2022 (Energy infrastructure), India. Renewable and transmission energy platform Backed by Caisse de depot et placement du Quebec. Source: https://www.cci.gov.in/images/summaryorders/en/1658311402.pdf
- Acquired CLP India Private Limited in 2018 (Energy infrastructure), India. Power generation and transmission business Backed by Caisse de depot et placement du Quebec. Source: https://www.cci.gov.in/images/summaryorders/en/1652335386.pdf
- Centella Mauritius Holdings Limited — Investor · Backed by TPG Inc.
Investor. Backs BCP Asia II Topco IV Pte. Ltd.
- CVC Capital Partners plc — Investor
Investor. Backs Aceso Company Pte. Ltd., Aquilo House Pte. Ltd., Aquilo House Pte. Ltd. (with CVC Capital Partners Asia VI (A) L.P., CVC Capital Partners Investment Asia VI L.P. and CVC Capital Partners Asia VI (B) SCSp as PACs).
- CVC Network — Investor
Investor. Backs Aceso Company Pte. Ltd., Aquilo House Pte. Ltd.
- Data Infrastructure Trust — Investor
Investor. Backs BIF IV Jarvis India Pte. Ltd.
- Epsilon Bidco Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Essel Propack Limited in 2019. Source: https://www.sebi.gov.in/statistics/open-offers/mar2020.html
- Acquired Essel Propack Limited in 2019 for Open offer under the SEBI Takeover Code: Rs 1,142.17 cr for 26% of equity at Rs 139.19 per share (Specialty packaging), India. World's largest laminated-tube maker for oral and beauty care, formerly Essel group Backed by Blackstone. Source: https://www.sebi.gov.in/statistics/open-offers/mar2020.html
- EvolutionX Debt Capital Master Fund 1 Pte. Ltd. — Investor
Investor. Backs MacRitchie Investments Pte. Ltd.
- Galaxy Investments II Pte. Limited — Private equity fund · Backed by KKR & Co., Nebula Asia Holdings II Pte. Ltd.
Private equity acquisition vehicle. Acquired Highways Infrastructure Trust in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1715830611.pdf
- Acquired Highways Infrastructure Trust in 2024 (Road infrastructure), India. Road infrastructure investment trust Backed by KKR & Co. Inc., Nebula Asia Holdings II Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1715830611.pdf
- General Atlantic — Private equity fund, New York, NY
- General Atlantic Singapore ACK Pte. Ltd. — Private equity fund · Backed by General Atlantic
Private equity acquisition vehicle. Acquired Acko Technology & Services Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784893559.pdf
- Acquired Acko Technology & Services Private Limited in 2026 (Insurtech), India. Digital general insurance group Backed by General Atlantic. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784893559.pdf
- General Atlantic Singapore BWP Pte. Ltd. — Private equity fund · Backed by General Atlantic
Private equity acquisition vehicle. Acquired Balaji Wafers Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1769687039.pdf
- Acquired Balaji Wafers Private Limited in 2026 (Packaged foods), India. Packaged snacks manufacturer Backed by General Atlantic. Source: https://www.cci.gov.in/images/summaryorders/en/summary1769687039.pdf
- Gentari International Renewables Pte. Ltd. — Investor
Investor. Backs Gentari Renewables India Pte. Ltd.
- Gentari Renewables India Pte. Ltd. — Private equity fund · Backed by Gentari International Renewables Pte. Ltd.
Private equity acquisition vehicle. Acquired 21 renewable power SPVs (India portfolio) in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731938828.pdf
- Acquired 21 renewable power SPVs (India portfolio) in 2024 (Renewable energy), India. Operating solar and wind SPVs in India Backed by Gentari International Renewables Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731938828.pdf
- GIC (Ventures) Pte Ltd — Investor
Investor. Backs BIF IV Jarvis India Pte. Ltd.
- Hector Asia Holdings II Pte. Ltd. — Private equity fund · Backed by KKR & Co., KIA EBT II Scheme 1
Private equity acquisition vehicle. Acquired HealthCare Global Enterprises Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1741678454.pdf
- Acquired HealthCare Global Enterprises Limited in 2025 (Hospitals), India. Oncology hospital chain Backed by KKR & Co. Inc., KIA EBT II Scheme 1. Source: https://www.cci.gov.in/images/summaryorders/en/summary1741678454.pdf
- ICICI Bank Limited — Investor
Investor. Backs TPG Nicobar SG Pte. Ltd.
- ICQ Opportunities RC Holdco, Ltd. — Investor
Investor. Backs Big Banyan Holdings Pte. Ltd.
- Indo-Infra Inc. — Private equity fund · Backed by KKR & Co., Alpha Asia Holdings II Pte. Ltd., KIA EBT Trust
Private equity acquisition vehicle. Acquired Illuminate Asia Holdings III Pte. Ltd. (holding company of Lighthouse Learning Private Limited) in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763380755.pdf
- Acquired Illuminate Asia Holdings III Pte. Ltd. (holding company of Lighthouse Learning Private Limited) in 2025 (Education), Singapore. Holding company of the Lighthouse Learning preschool and K-12 group Backed by KKR & Co. Inc., Alpha Asia Holdings II Pte. Ltd., KIA EBT Trust. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763380755.pdf
- Jongsong Investments Pte. Ltd. — Private equity fund · Backed by Temasek Holdings (Private) Limited
Private equity acquisition vehicle. Acquired Romsons Group Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1777961415.pdf
- Acquired Haldiram Snacks Food Private Limited in 2025 (Packaged foods), India. Packaged snacks and sweets maker Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1742530847.pdf
- JSW Group — Investor
Investor. Backs JSW Ventures Singapore Pte. Limited.
- JSW Ventures Singapore Pte. Limited — Private equity fund · Backed by JSW Group
Private equity acquisition vehicle. Acquired MG Motor India Private Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1702285677.pdf
- Kabru Investments Pte. Ltd. — Investor
Investor. Backs Kangto Investments Pte. Ltd.
- Kangto Investments Pte. Ltd. — Private equity fund · Backed by Temasek Holdings (Private) Limited, Kabru Investments Pte. Ltd.
Private equity acquisition vehicle. Acquired Manipal Health Enterprises Private Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1681194851.pdf
- KIA EBT II Scheme 1 — Investor
Investor. Backs Hector Asia Holdings II Pte. Ltd.
- KIA EBT Trust — Investor
Investor. Backs Indo-Infra Inc.
- KKR & Co. — Private equity fund, New York, NY · Backed by KKR & Co.
- MacRitchie Investments Pte. Ltd. — Private equity fund · Backed by Temasek Holdings (Private) Limited, EvolutionX Debt Capital Master Fund 1 Pte. Ltd.
Private equity acquisition vehicle. Acquired Curefit Healthcare Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1768823376.pdf
- Acquired Curefit Healthcare Private Limited in 2026 (Fitness), India. Fitness and wellness chain (Cult.fit) Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1768823376.pdf
- Acquired API Holdings Limited (PharmEasy) in 2023 (E-pharmacy), India. Online pharmacy and healthcare platform Backed by Temasek Holdings (Private) Limited, EvolutionX Debt Capital Master Fund 1 Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1701691391.pdf
- Majesty II Pte. Ltd. — Private equity fund · Backed by Advent International, Nuvama Private Investment Trust, Ashoka India Equity Investment Trust plc
Private equity acquisition vehicle. Acquired AI Lenarco Midco Ltd. in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1733906432.pdf
- Acquired AI Lenarco Midco Ltd. in 2024 (Pharma services), Cyprus. Holding company of an Indian pharma/specialty business Backed by PAG, Advent International, Nuvama Private Investment Trust, Ashoka India Equity Investment Trust plc. Source: https://www.cci.gov.in/images/summaryorders/en/summary1733906432.pdf
- Mubadala Investment Company PJSC — Investor
Investor. Backs Opal Bidco Pte. Ltd.
- National Investment and Infrastructure Fund II — Investor
Investor. Backs TPG Nicobar SG Pte. Ltd.
- Nebula Asia Holdings II Pte. Ltd. — Investor
Investor. Backs Galaxy Investments II Pte. Limited.
- NewQuest Asia Fund IV (Singapore) Pte. Ltd. — Private equity fund · Backed by TPG NewQuest, TPG Inc.
Private equity acquisition vehicle. Acquired Shadowfax Technologies Private Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1703842346.pdf
- Nexus Ventures VII Holdings, LLC — Investor
Investor. Backs BCP Asia II Topco V Pte. Ltd.
- Nitro Asia Holdings II Pte. Ltd. — Private equity fund
Private equity acquisition vehicle. Acquired National Highways Infra Trust in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1765973271.pdf
- Nuvama Private Investment Trust — Investor
Investor. Backs Majesty II Pte. Ltd.
- OMERS Administration Corporation — Investor
Investor. Backs OMERS Infrastructure Asia Holdings Pte. Ltd.
- OMERS Infrastructure Asia Holdings Pte. Ltd. — Private equity fund · Backed by OMERS Administration Corporation, Ontario Municipal Employees Retirement System, 2726247 Ontario Inc.
Private equity acquisition vehicle. Acquired Azure Power Global Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652181016.pdf
- Acquired Interise Trust (formerly IndInfravit Trust) in 2024 (Road infrastructure), India. Road infrastructure investment trust Backed by OMERS Administration Corporation, 2726247 Ontario Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731413422.pdf
- Acquired Azure Power Global Limited in 2021 (Renewable energy), India. Solar independent power producer Backed by OMERS Administration Corporation, Ontario Municipal Employees Retirement System. Source: https://www.cci.gov.in/images/summaryorders/en/1652181016.pdf
- Ontario Municipal Employees Retirement System — Investor
Investor. Backs OMERS Infrastructure Asia Holdings Pte. Ltd.
- Opal Bidco Pte. Ltd. — Private equity fund · Backed by KKR & Co., Ruby Asia Holdings II Pte. Ltd., Mubadala Investment Company PJSC, Singtel Interactive Pte. Ltd.
Private equity acquisition vehicle. Acquired STT GDC Pte. Ltd. / Singtel data centre assets in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1773144670.pdf
- Acquired STT GDC Pte. Ltd. / Singtel data centre assets in 2026 (Data centres), Singapore. Data centre platform Backed by KKR & Co. Inc., Ruby Asia Holdings II Pte. Ltd., Mubadala Investment Company PJSC, Singtel Interactive Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1773144670.pdf
- Partners Group — Investor
Investor. Backs PG ArtemisB Pte. Ltd.
- Pelipper HoldCo SARL — Private equity fund · Backed by Apax Partners LLP, Blackstone
Private equity acquisition vehicle. Acquired IBS Software Pte Ltd in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1687837944.pdf
- Acquired IBS Software Pte Ltd in 2023 (Software), Singapore. Travel technology software provider Backed by Apax Partners LLP, Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1687837944.pdf
- PG ArtemisB Pte. Ltd. — Private equity fund · Backed by Partners Group
Private equity acquisition vehicle. Acquired Atria Convergence Technologies Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652183187.pdf
- Acquired Atria Convergence Technologies Limited in 2021 (Broadband), India. Wired broadband and cable TV operator Backed by Partners Group. Source: https://www.cci.gov.in/images/summaryorders/en/1652183187.pdf
- PG Esmeralda Pte. Limited — Private equity fund
Private equity acquisition vehicle. Acquired Ecom Express Private Limited in 2020. Source: https://www.cci.gov.in/images/summaryorders/en/1652179471.pdf
- Acquired Ecom Express Private Limited in 2020 (Logistics), India. Third-party e-commerce logistics provider Sponsor not named in this CCI summary Source: https://www.cci.gov.in/images/summaryorders/en/1652179471.pdf
- Ramon Investments Pte. Ltd. — Private equity fund · Backed by Temasek Holdings (Private) Limited
Private equity acquisition vehicle. Acquired Speed JVco S.a r.l. in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1729165871.pdf
- Acquired Speed JVco S.a r.l. in 2024 (Holding company), Luxembourg. Holding vehicle with Indian operations Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1729165871.pdf
- Royce Asia Holdings II Pte. Ltd. — Private equity fund · Backed by KKR & Co.
Private equity acquisition vehicle. Acquired Rebel Foods Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1734346553.pdf
- Ruby Asia Holdings II Pte. Ltd. — Private equity fund · Backed by KKR & Co., Singtel Interactive Pte. Ltd.
Private equity acquisition vehicle. Acquired STT GDC Pte. Ltd. in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1721128590.pdf
- Acquired STT GDC Pte. Ltd. in 2024 (Data centres), Singapore. Data centre platform with large Indian operations Backed by KKR & Co. Inc., Singtel Interactive Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1721128590.pdf
- Singapore VII Topco I Pte. Ltd. — Private equity fund
Private equity acquisition vehicle. Acquired Aakash Educational Services Limited in 2019. Source: https://www.cci.gov.in/images/summaryorders/en/1652269189.pdf
- Acquired Aakash Educational Services Limited in 2019 (Education), India. Test-prep coaching chain CCI summary names only the SPV; no sponsor named in the summary Source: https://www.cci.gov.in/images/summaryorders/en/1652269189.pdf
- Singtel Interactive Pte. Ltd. — Investor
Investor. Backs Opal Bidco Pte. Ltd., Ruby Asia Holdings II Pte. Ltd.
- Tau Investment Holdings Pte. Ltd. (with Tau Holdco and KKR Asia III Fund Investments) — Private equity fund · Backed by KKR & Co.
Private equity acquisition vehicle. Acquired J.B. Chemicals & Pharmaceuticals Limited in 2020. Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Temasek Holdings (Private) Limited — Investor
Investor. Backs Jongsong Investments Pte. Ltd., Kangto Investments Pte. Ltd., MacRitchie Investments Pte. Ltd., Ramon Investments Pte. Ltd., V-Sciences Investments Pte Ltd.
- The Blackstone Group Inc. — Investor
Investor. Backs BCP TopCo XII Pte Ltd.
- The Carlyle Group — Private equity fund, Washington, DC · Backed by The Carlyle Group
- Times Internet Limited — Investor
Investor. Backs Big Banyan Holdings Pte. Ltd.
- TPG Growth III SF Pte. Ltd. — Investor
Investor. Backs TPG Growth V SF Markets Pte. Ltd.
- TPG Growth V SF Markets Pte. Ltd. — Private equity fund · Backed by TPG Inc., Waverly Pte. Ltd., Asia Healthcare Holdings Pte. Ltd., TPG Growth III SF Pte. Ltd.
Private equity acquisition vehicle. Acquired Asian Institute of Nephrology and Urology in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1705031022.pdf
- Acquired Asian Institute of Nephrology and Urology in 2024 (Hospitals), India. Single-specialty hospital chain Backed by TPG Inc., Waverly Pte. Ltd., Asia Healthcare Holdings Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1705031022.pdf
- TPG Inc. — Private equity fund, Fort Worth, TX
- TPG NewQuest — Investor
Investor. Backs NewQuest Asia Fund IV (Singapore) Pte. Ltd.
- TPG Nicobar SG Pte. Ltd. — Private equity fund · Backed by TPG Inc., TPG Rise Climate GSI SF Pte. Ltd., National Investment and Infrastructure Fund II, ICICI Bank Limited
Private equity acquisition vehicle. Acquired Aseem Infrastructure Finance Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784807810.pdf
- Acquired Aseem Infrastructure Finance Limited in 2026 (Infrastructure finance), India. Infrastructure lending NBFC Backed by TPG Inc., TPG Rise Climate GSI SF Pte. Ltd., National Investment and Infrastructure Fund II, ICICI Bank Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784807810.pdf
- TPG REGen SG Pte. Ltd. — Private equity fund · Backed by TPG Inc., TPG Rise Climate
Private equity acquisition vehicle. Acquired Siemens Gamesa Renewable Power Private Limited (Indian wind business) in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1747370624.pdf
- TPG Rise Climate — Investor
Investor. Backs TPG REGen SG Pte. Ltd.
- TPG Rise Climate GSI SF Pte. Ltd. — Investor
Investor. Backs TPG Nicobar SG Pte. Ltd.
- TPG Scion SG Pte. Ltd. — Private equity fund · Backed by TPG Inc.
Private equity acquisition vehicle. Acquired Schott Poonawalla Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1737718369.pdf
- TVS Shriram Growth Fund 4 — Investor
Investor. Backs BCP Asia II Topco V Pte. Ltd.
- V-Sciences Investments Pte Ltd — Private equity fund · Backed by Temasek Holdings (Private) Limited
Private equity acquisition vehicle. Acquired Niva Bupa Health Insurance Company Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1698062312.pdf
- Acquired Green Agrevolution Private Limited (DeHaat) in 2022 (Agritech), India. Agri-tech input and output marketplace Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1670230780.pdf
- Waverly Pte. Ltd. — Investor
Investor. Backs TPG Growth V SF Markets Pte. Ltd.