Bain Capital Invests USD200m in China’s Newlink Group
Bain Capital has invested USD200m in Newlink Group, a China-based startup that helps drivers find gas stations and vehicle charging points through its online platform. Read more… Read More
Openspace Ventures Leads USD20m Pre-Series B for Indonesian Fintech Pluang
Openspace Ventures led a USD20m pre-Series B for Pluang, an Indonesia-based fintech providing consumer savings and investment products, with participation from Gojek’s Go Ventures and other returning investors. Read more… Read More
Warburg Partially Exits India’s Kalyan Jewellers via IPO
Warburg Pincus has partially exited its stake in India-based jewellery company Kalyan Jewellers via the company’s INR11.75b (~USD161m) IPO on the NSE and BSE. Warburg sold shares worth INR2.5b (~USD34m). Read more… Read More
Temasek Leads USD50m Round for Chinese Container Trucking Platform Duckbill
Temasek led a USD50m round for China-based container trucking platform Duckbill, with participation from Pavilion, Future Capital, Discovery Fund, Shunwei Capital, Furong Capital and Zip Capital. Read more… Read More
BeeNext, Qualgro and Insignia Invest Pre-Series A+ for Vietnamese Edtech Edmicro
BeeNext, Qualgro and existing investor Insignia Venture Partners have invested an undisclosed pre-Series A extension for Vietnam-based edtech Edmicro. Read more… Read More
TPG Growth Leads USD125m Series C for India’s Stelis Biopharma
TPG Growth led a USD125m Series C for Stelis Biopharma, the biopharmaceutical unit of Mumbai-listed Strides Pharma Science, with participation from Route One, Think Investments and Mankekar Family. Strides also announced that Stelis closed a USD70m Series B, bringing total capital raised across the latest funding rounds to… Read More
Affirma Capital and IFC Partially Exit India’s Craftsman Automation via IPO
Affirma Capital and IFC have partially exited their stakes in India-based automotive component and precision engineering company Craftsman Automation via the company’s INR8.2b (~USD113m) IPO on the NSE and BSE. Affirma and IFC sold 1.55m and 1.4m shares for INR2.32b (~USD32m) and INR2.1b (~USD29m), respectively. Read more… Read More
Better Tomorrow, 1982 Ventures, Others Invest Seed Round for Indonesian Fintech Brick
Better Tomorrow, PT Prasetia Dwidharma, 1982 Ventures, Antler and Rally Cap Ventures have invested an undisclosed seed round for Indonesia-based financial API provider Brick. The round also saw participation from angel investors including Shefali Roy (TrueLayer), Kunal Shah (Cred), Reynold Wijaya (Modalku), Quek Siu Rui (Carousell) and the… Read More
CMB International and Tiantu Capital Lead USD300m Series D for Chinese Ingredients Supplier Guoquan
CMB International and Tiantu Capital led a USD300m Series C for China-based hot pot ingredients supplier Guoquan Shihui. Read more… Read More
Eximius Ventures Reaches USD10m Final Close for Debut India VC Fund
Eximius Ventures has reached a USD10m final close for its maiden fund, a micro VC vehicle targeting early-stage investments in the edtech, healthtech, fintech, gaming, B2B, SaaS and online media sectors in India. Read more… Read More
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