Carlyle Group LP, the Washington DC-based global alternative asset manager said that it had bought a majority stake in India’s Newgen KnowledgeWorks, a provider of publishing and technical services, for $32.8 million.
Carlyle acquired a 54.8 percent stake in the Chennai-based company through First Carlyle Ventures III, an investment fund advised by the Carlyle Group. Carlyle, which manages $203 billion globally, bought shares from Franklin Templeton Private Equity, Aureos South Asia Fund and ePlanet Capital, it said in a statement.
Newgen KnowledgeWorks caters to companies in the United States, UK and Europe. (Carlyle had earlier invested in Newgen in 2004 and exited in 2011.)
Last updated: December 26th, 2025
