Multiples Alternate Asset Management has fully exited India-based Vikram Hospitals via a sale to Manipal Hospitals for a reported INR3.5-4b (USD39-45m). Multiples originally acquired a majority stake in Vikram in 2013. Read more… Read More
Sequoia Capital China, China Merchants Health, Greenwoods Asset Management and Wuxi AppTec led a CNY1.2b (~USD188m) round for Stemirna Therapeutics, a China-based mRNA drugs and vaccines developer, with participation from OrbiMed, Advantech Capital, China Reform Fund, CMB International, Kaili Yifang Capital Management, Forebright Capital, CTS Capital and CITIC Securities Investment. Read More
Blackstone has acquired media and data company International Data Group (IDG) from China Oceanwide Holdings Group for USD1.3b. Read more… Read More
GIC led a USD50m Series C for India-based logistics management platform Locus, with participation from Qualcomm Ventures, Tiger Global and Falcon Edge. Read more… Read More
India-based home and beauty services platform Urban Company has raised a USD255m Series F at a reported ~USD2.1b valuation, including USD190m led by Prosus, Dragoneer and Wellington Management with participation from Vy Capital, Tiger Global and Steadview, and ~USD65m in a secondary sale. Read more… Read More
KKR, through its Global Impact Fund, has made an undisclosed investment in EQuest Education, a Vietnam-based K-12 bilingual school operator. Read more… Read More
L Catterton led a USD40m Series B for Singapore-based D2C dental products company Zenyum, with follow-on from Sequoia Capital India, RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. L Catterton invested USD25m in the round. Read more… Read More
Accel Partners, Falcon Edge Capital, Norwest Venture Partners and angel investors have invested a USD50m Series A for Mensa Brands, an India-based D2C startup which acquires online-first brands. The round included a debt component provided by Alteria Capital and InnoVen Capital. Read more… Read More
Sequoia Capital China and Yunfeng Capital led a CNY1.45b (~USD228m) Series B for China-based rice brand Shiyue Daotian, with participation from CMC Capital Group and Taihecap, and follow-on from GenBridge Capital. Read more… Read More
Tiger Global Management led a USD15.6m Series A for India-based health insurance startup Plum Insurance, with follow-on from Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund and Gemba Capital. Read more… Read More
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