Loyal Valley Capital led a USD100m Series B for Arctic Vision, a China-based clinical-stage ophthalmology company focused on developing therapies for pan-ocular diseases, with participation from Tencent, Octagon Capital, and New World Development Group CEO Dr. Adrian Cheng, and follow-on from Nan Fung Life Sciences, Pivotal bioVenture Partners… Read More
FountainVest Partners led a USD100m round for Ushopal, a China-based e-commerce platform for luxury brands, with participation from Zhongyuan Capital, Hengxu Capital and Dazhong Zhongsong Fund, and follow-on from Cathay Capital. Read more… Read More
Jungle Ventures has made an undisclosed investment as part of a Series D for India-based insurtech Turtlemint. The latest investment brings the overall capital raised through the Series D to USD46m. GGV Capital led the USD30m first tranche in November 2020. Read more… Read More
Advent International has agreed to sell Laird Performance Materials, a China-based electromagnetic shielding and thermal management company, to DuPont for USD2.3b. Read more… Read More
An affiliate of Warburg Pincus has agreed to invest INR8b (approximately USD109m) in India-based private port operator Adani Ports and Special Economic Zone Ltd (APSEZ) for a 0.49% stake. Warburg recently sold its 31.5% stake in India’s Gangavaram Port to APSEZ for USD268m. Read more… Read More
Trifecta Capital has reached a USD140m final close for its second venture debt fund focused on India. Trifecta plans to launch its third venture debt fund in Q3 2021. Read more… Read More
Falcon House Partners, Kejora Capital, DEG, MDI Ventures, Indies Capital, Temasek Holdings subsidiary Pavilion Capital, Trihill Capital and Daiwa Securities have invested a USD170m Series B for SiCepat, an end-to-end logistics startup in Indonesia. Read more… Read More
Addor Capital has reached a USD241m final close for its second healthcare fund, a vehicle targeting early-stage investments in Chinese healthcare companies with a focus on technology. Read more… Read More
Warburg Pincus has sold its 31.5% stake in India’s Gangavaram Port to Adani Ports and Special Economic Zone Ltd (APSEZ) for ~INR19.54b (approximately USD268m). Read more… Read More
Affinity Equity Partners has been selected as the preferred bidder for the acquisition of South Korea-based online recruitment platform Jobkorea. The transaction, which will see Affinity Equity Partners acquire 100% of Jobkorea from H&Q Korea, is valued at a reported KRW900b (approximately USD800m). Read more… Read More
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