SAIF Partners

SAIF Partners
Private ownership
Industry Venture capital
Founded 2001
Headquarters China and India
Total assets $4 billion[1]

SAIF Partners is a stage and sector agnostic private equity firm in Asia. SAIF Partners currently manages over $4 billion in capital.[2] The firm has offices in Hong Kong, China, and India.

History

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.[3] Some of the previous Softbank Asia Infrastructure members started SAIF Partners in 2004 under its present name.[4]

China Investments

SAIF China has offices in Beijing, Shanghai, Xiamen, Changzhou, Hefei, Shenzhen, and Hangzhou. Their investments in China include 56.com, Bona Film Group, Tantan[5], 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[6], and Sinovac.[7]

India

SAIF, one of the most active VCs in the country, has offices in Bengaluru and Gurugram. SAIF is an early stage investor in companies like Book My Show,[8] MakeMyTrip, Justdial.com,[9] Home Shop 18, Paytm,[10] Bobble,[11] ZOVI, PropTiger, FirstCry, Ixigo, Inkfruit, and iStream. Their investments include Speciality Restaurants Limited, Manpasand Beverages, Infrastructure Leasing & Financial Services Investmart, and National Stock Exchange of India. SAIF Partners India raised $350 million for its India dedicated fund In July 2017.[12] The third fund helped push the Indian assets under management by SAIF Partners to over $1 billion.[13]

References

  1. ↑ "China private equity firm SAIF Partners foraying into hedge funds". Reuters. October 15, 2012. Retrieved 2017-07-31.
  2. ↑ Services, Gary Tong@Jump Web. "About SAIF Partners | SAIF Partners China". www.sbaif.com. Retrieved 2017-07-31.
  3. ↑ "SAIF targets $800m for China fund". www.dealstreetasia.com. Retrieved 2017-08-02.
  4. ↑ Verma, Shrutika (2015-11-27). "Saif Partners | Betting big on tech revolution". Livemint. Retrieved 2017-07-31.
  5. ↑ Russell, Jon. "Tantan, China's top dating app, raises $70M for monetization push and overseas expansion | TechCrunch". Retrieved 2017-07-31.
  6. ↑ "Beijing Hua Xi Lianhe Tech & Development Limited". www.sbaif.com. Retrieved 14 March 2018.
  7. ↑ "SAIF targets $800m for China fund". www.dealstreetasia.com. Retrieved 2017-07-31.
  8. ↑ "BookMyShow raises Rs550 cr in its largest single financing round". Forbes India. Retrieved 2017-07-31.
  9. ↑ "Catching them young: VCs making deals at the seed stage". Forbes India. Retrieved 2017-07-31.
  10. ↑ "Alibaba Said to Lead $200m Funding for Paytm's E-Commerce Unit". Bloomberg.com. 2017-02-03. Retrieved 2017-07-31.
  11. ↑ Ganesan, Subhiksha. "Bobble the sticker app for all fun lovers". Indian CEO. Retrieved January 31, 2018. October 18, 2016
  12. ↑ Russell, Jon. "SAIF Partners closes new $350M fund for India's resurgent tech startup scene". Retrieved 2017-07-31.
  13. ↑ "The Billion Dollar Club of Indian Private Equity". ventureintelligence.blogspot.in. Retrieved 2017-12-06.
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