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
Asia Partners has reached a USD384m final close for Asia Partners I, its debut technology fund focused on Southeast Asia. Read more… Read More
OrbiMed has reached a USD800m final close for its latest Asia life sciences fund. The vehicle will target venture through growth-stage investments in biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services in China and India. Read more… Read More
True North, alongside other angel and individual investors, has partially exited its stake in PolicyBazaar, an India-based online insurance aggregator, via a secondary sale of shares worth USD45m. Read more… Read More
Accel Partners led a USD64.6m Series B for Xendit, an Indonesia-based digital payments infrastructure startup focused on Southeast Asia, with participation from Y Combinator. Read more… Read More
Singapore-based e-commerce giant Sea Group is allocating USD1b to Sea Capital, a new subsidiary that will invest in other tech firms. This follows Sea’s acquisition of Hong Kong-based Composite Capital Management. Composite founder David Ma, previously at Hillhouse Capital, will lead the unit. Read more… Read More
India Quotient, Omnivore, Accion Venture Lab, BlackBuck co-founder Rajesh Yabaji and Swiggy co-founder Rahul Jaimini have invested over USD2m in India-based BRB agricultural inputs marketplace AGRIM. Read more… Read More
Indus Valley Capital has reached a USD17.5m final close for its debut fund targeting early-stage tech opportunities in Pakistan. Read more… Read More
(default archive template)