Malaysia-based integrated digital media group iMedia acquired 100% of Favful, a Malaysia-based beauty e-commerce platform backed by 500 Startups and Gobi, for an undisclosed amount. Read more… Read More
Temasek Holdings and Multiples Alternate Asset Management led a USD192m Series F for Licious, an India-based grocery platform for meat and seafood, with follow-on from 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund and Vertex Ventures. Read more… Read More
Tiger Global Management led a INR7.7b (~USD103m) Series D for India-based auto resale marketplace Spinny, with participation from Avenir Growth, Kaiser Foundation, Kaiser Permanente, General Catalyst and FJ Labs. Read more… Read More
Aspex Management, DST Global, Sequoia Capital China and Hillhouse Capital led a USD200m Series F for South Korea-based online grocery delivery startup Kurly, with participation from Millennium Management and CJ Logistics Corporation, at a reported USD2.2b valuation. Read more… Read More
Baring Private Equity Asia exited South Korea-based parcel delivery firm Logen via a sale to South Korea-based fashion mall operator Dae Myung Chemical for KRW340b (~USD300m). Read more… Read More
Temasek and Warburg Pincus invested a USD500m pre-IPO round for Indian ride-hailing company Ola. Read more… Read More
Acon Investments, through its Latin America Opportunities Fund IV, completed the sale of Brazil-based high speed internet service providers Conexão Group to Grain Management. Terms of the transaction were not disclosed. Read more… Read More
India-based online pharmacy PharmEasy raised a USD500m Series F from Think Investments, TPG Growth, Temasek, B Capital, Prosus Ventures, Orios Venture Partners and Kotak Private Equity Fund at a reported USD4b valuation. TPG Growth and Prosus Ventures led the company’s USD350m Series E in April 2021. Read more… Read More
Navis Capital Partners exited Amazon Papyrus Chemicals Group, a Hong Kong-headquartered chemical solutions provider to the pulp and paper industry, via a sale to The Longreach Group for an undisclosed amount. Navis originally acquired a controlling stake in the business in 2014. Read more… Read More
KKR, through its KKR Asia Pacific Infrastructure Fund, acquired Highway Concessions One and seven highway assets in India from Global Infrastructure Partners for an undisclosed amount. Read more… Read More
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