Mekong Capital has reached a USD246m final close for MEF IV. The vehicle will make growth equity investments in Vietnamese companies operating in the retail, education, restaurants, consumer services, health care, and fast-moving consumer goods sectors. Read more… Read More
Sequoia Capital India led a USD30m investment in Indonesia-based digital investment platform Bibit, with follow-on from East Ventures, EV Growth, AC Ventures, and 500 Startups. Read more… Read More
Westbridge Capital has exited India-based gaming and sports media company Nazara Technologies to Plutus Wealth Management via a share sale worth INR5b (approximately USD68.5m). Read more… Read More
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
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