SAIF Partners

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.

SAIF Partners
Private ownership
IndustryVenture capital
Founded2001
HeadquartersChina and India
Total assets$4 billion[1]
Websitewww.sbaif.com/ 

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]

Founder

Andrew Yan is the founder and managing partner of SAIF Partners. 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. 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.[5]

Yan graduated in Engineering from Nanjing Aeronautic Institute. He has done Master of Arts in Sociology & Economics from Peking University. He also holds a Master of Arts in International Political Economy from the Princeton University.[6]

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[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.[9]

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,[10] MakeMyTrip, Justdial.com,[11] Home Shop 18, Paytm,[12] Bobble,[13] 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.[14] The third fund helped push the Indian assets under management by SAIF Partners to over $1 billion.[15]

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. "Andrew Yan". Forbes. Retrieved 2020-08-14.
  6. "People | SAIF Partners China". www.sbaif.com. Retrieved 2020-08-14.
  7. Russell, Jon. "Tantan, China's top dating app, raises $70M for monetization push and overseas expansion | TechCrunch". Retrieved 2017-07-31.
  8. "Beijing Hua Xi Lianhe Tech & Development Limited". www.sbaif.com. Retrieved 14 March 2018.
  9. "SAIF targets $800m for China fund". www.dealstreetasia.com. Retrieved 2017-07-31.
  10. "BookMyShow raises Rs550 cr in its largest single financing round". Forbes India. Retrieved 2017-07-31.
  11. "Catching them young: VCs making deals at the seed stage". Forbes India. Retrieved 2017-07-31.
  12. "Alibaba Said to Lead $200m Funding for Paytm's E-Commerce Unit". Bloomberg.com. 2017-02-03. Retrieved 2017-07-31.
  13. Ganesan, Subhiksha. "Bobble the sticker app for all fun lovers". Indian CEO. Retrieved January 31, 2018. October 18, 2016
  14. Russell, Jon. "SAIF Partners closes new $350M fund for India's resurgent tech startup scene". Retrieved 2017-07-31.
  15. "The Billion Dollar Club of Indian Private Equity". ventureintelligence.blogspot.in. Retrieved 2017-12-06.
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