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 was the sole limited partner and general partner respectively.[3] Some of the previous Softbank Asia Infrastructure members started SAIF Partners in 2004 in the present name. [4]

China Investments

SAIF China has offices in Beijing, Shanghai, Xiamen, Changzhou, Hefei, Shenzhen, and Hangzhou. Their investments in China include 58.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, Huaxi and Sinovac. [6]

India

SAIF one of the most active VCs in the country and has offices in Bengaluru and Gurugram. SAIF is an early stage investor in companies like Book My Show[7], MakeMyTrip, JustDial[8], HomeShop18, PayTM,[9] ZOVI, PropTiger, FirstCry, iXigo, Inkfruit, iStream etc. Some of their noticeable investments are Mainland China, Manpasand, IL&FS Investmart and NSE among others. SAIF Partners India raised $350 million for its India dedicated fund In July 2017.[10]

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. ↑ "SAIF targets $800m for China fund". www.dealstreetasia.com. Retrieved 2017-07-31.
  7. ↑ "BookMyShow raises Rs550 cr in its largest single financing round | Forbes India". Forbes India. Retrieved 2017-07-31.
  8. ↑ "Catching them young: VCs making deals at the seed stage | Forbes India". Forbes India. Retrieved 2017-07-31.
  9. ↑ "Alibaba Said to Lead $200m Funding for Paytm’s E-Commerce Unit". Bloomberg.com. 2017-02-03. Retrieved 2017-07-31.
  10. ↑ Russell, Jon. "SAIF Partners closes new $350M fund for India’s resurgent tech startup scene | TechCrunch". Retrieved 2017-07-31.
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