Warburg Pincus has agreed to invest USD100m in BoAt, an India-based consumer electronics startup which sells low-cost bluetooth speakers and other personal electronics products. Read more… Read More
Trustbridge Partners led a USD500m funding round for China-based healthtech DXY, with participation from Tencent and GL Ventures. Read more… Read More
Oceanpine has reached a USD400m final close for its second fund targeting investments in tech and health care. Read more… Read More
Alibaba, Tiger Global, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners have invested a USD1.6b Series E for China-based edtech Zuoyebang. Read more… Read More
Yunfeng Capital has invested USD300m in China-based edtech Yuanfudao, bringing the overall funding raised by the company in 2020 to USD3.5b. In March 2020, Hillhouse led the company’s USD1b Series F, and in October 2020, Tencent and DST Global led the company’s USD2.2b Series G. Read more… Read More
TPG’s The Rise Fund led a USD210m Series D for Meishubao, a Chinese online art education platform, with participation from Fortune Capital, Winsdom Capital, SAIF Partners, Bojia Capital, and Chuangzhi Capital. Read more… Read More
Existing investors Sequoia Capital China led a USD515m Series E for Hong Kong-based on-demand delivery company Lalamove, with follow-on from Shunwei Capital Partners and Hillhouse Capital. Read more… Read More
5Y Capital (formerly Morningside Venture Capital), Hillhouse Capital’s GL Ventures, and Capital Today led the USD150m first tranche of a Series C for China-based AI chip designer Horizon Robotics, with participation from Guotai Junan International and KTB. Read more… Read More
The National Investment and Infrastructure Fund has reached a USD2.34b final close for NIIF Master Fund, a vehicle targeting investments in operating assets in core infrastructure sectors, primarily transportation and energy, in India. Read more… Read More
Ontario Teachers’ Pension Plan (OTTP) has agreed to invest KRW300b (approximately USD275m) in South Korea-based fried chicken restaurant chain BHC Group, facilitating a full exit for Elevation Equity Partners. Read more… Read More
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