Morgan Stanley Private Equity Asia and Sichuan Pharmaceuticals have agreed to sell their 80% stake in China-based Huaiyin Hospital for CNY882.8m (~USD134.3m). Read more… Read More
Ping An Insurance, New World Development and Country Garden Venture Capital led a CNY2.7b (~USD410m) Series B for China-based AI chip manufacturer Biren Technology, with participation from Source Code Capital, Guosheng Group, Harvest Capital Management, China Merchants Capital, BAI, CITIC Securities Investment, Yijing Capital, Greater Bay Area Homeland… Read More
Kaya VC (formerly Enern) has reached a EUR72m (~USD80m) final close for its fourth fund. The vehicle is sector agnostic and will target investments in startups in Prague, Warsaw and the wider CEE region. Read more here and here… Read More
Mekong Capital, through its Mekong Enterprise Fund IV, has invested an undisclosed amount in Vietnam-based chocolate maker Marou Chocolate Company. Read more… Read More
JAFCO Asia and Chiratae Ventured led a USD3.5m pre-Series A for Uable, an India-based skill development platform for children, with follow-on from 3one4 Capital. Read more… Read More
Recharge Capital led a USD7.2m seed round for Pakistan-based fintech SadaPay, with follow-on from Kingsway Capital, Raptor Group and angel investors. Read more… Read More
Mid Europa Partners has agreed to acquire Lithuania-based e-commerce platform UAB Pigu (Pigu) from MCI.Techventures and minority shareholders for an undisclosed amount. Mid Europa has also agreed with MCI.Euroventures and the founding shareholders of Pigu and Finland-based e-commerce platform Hobby Hall Group OÜ (HHG) to combine Pigu and… Read More
Finch Capital, through Nomu Pay, has agreed to acquire Wirecard Turkey, a subsidiary of Wirecard, for an undisclosed amount. The acquisition is subject to regulatory approval. Read more… Read More
Alibaba and DST Global led a USD750m round for China-based grocery community buying app Nice Tuan, with participation from Dragoneer Investment Group, CDH Investments, GGV, Kulun Capital, DE Shaw, Anatole Investment, Jeration Capital and others. Read more… Read More
Digital Colony has acquired more than 4,200 telecom towers from Indonesia-based digital telecommunications company PT Indosat, a unit of Qatar-based Ooredo Group, for USD750m. Read more… Read More
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