General Atlantic led an undisclosed Series B for Singapore-based medical device company Genesis MedTech Group, with participation from CITIC Capital and Lilly Asia Ventures, and follow-on from the majority of shareholders from the company’s Series A. Read more… Read More
KKR agreed to acquire a controlling stake in India-based personal care and beauty products company Vini Cosmetics from Sequoia Capital and the company’s founder group for USD625m. Read more… Read More
China Renaissance led a USD100m Series B for Amber Group, a Hong Kong-based crypto asset manager, with participation from Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, Sky9 Capital, DCM Ventures and Gobi Partners, and follow-on from Pantera Capital, Coinbase Ventures and Blockchain.com. Read more… Read More
The Carlyle Group sold a 5.1% stake in India-based credit card issuing company SBI Cards & Payment Services for ~INR48.1b (~USD650m) in a bulk deal. In March 2021, Carlyle sold an additional 4% stake for ~INR39b (~USD540m). Read more… Read More
EVX Ventures and Boehringer Ingelheim Venture Fund led a USD24m Series A for Nuevocor, a Singapore-based developer of cardiac gene therapies, with participation from EDBI, Xora Innovation and SEEDS Capital. Read more… Read More
Singapore-based Venturi Partners reached a USD100m first close for its debut fund, which has an initial target of USD150m. The vehicle will invest in fast-moving consumer goods, education and healthcare services in India and Southeast Asia. Read more… Read More
Insight Partners and Tiger Global led a USD70m Series B for India-based professional networking platform Apna, with follow-on from Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC. Read more… Read More
BOND led a USD200m round for BrowserStack, a software testing platform founded in India, with participation from Insight Partners and follow-on from Accel. Read more… Read More
Elevation Capital led a USD38m Series A for FamPay, an India-based payments platform for teens, with participation from General Catalyst, Rocketship VC, Greenoaks Capital and existing investors Sequoia Capital India, Y Combinator, Global Founders Capital and Venture Highway. Read more… Read More
India-based edtech Byju’s raised USD350m from investors including UBS, Blackstone, ADQ, Eric Yuan (Zoom) and others at a reported USD16.5b valuation. MC Global Edtech Investment Holdings recently led a USD460m tranche of the company’s ongoing Series F. Read more… Read More
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