Chinese VC Befor Capital has reached a USD76.3m first close for Fund III and a USD30.5m first close for Fund IV. Befor invests in the consumption upgrade, advanced technology, and modern services fields in China. Read more… Read More
Quona Capital led a USD21m Series B for Arya, an India-based agtech focused on post-harvest services for farmers, with participation from Omnivore and LGT Lightstone Aspada. Read more… Read More
CVC Capital Partners invested PHP6b (approximately USD124m) for a 40% stake in Philippines third-party logistics company Fast Group. Read more… Read More
CVC Capital has agreed to acquire Myanmar-based telecom tower company Irrawaddy Green Tower in a deal reportedly valued at USD700m. Read more… Read More
India Alternatives has partially exited its 2.9% stake in India-based credit information company TransUnion CIBIL via a USD46m sale to Malaysian sovereign fund Khazanah Nasional Berhad. Read more… Read More
Sequoia Capital China-, China Renaissance Group-, and Loyal Valley Capital-backed Pop Mart International Group, a Chinese fashion toy retailer, completed a USD674m IPO on the Hong Kong Stock Exchange. Read more… Read More
Multiples Alternate Asset Management has sold 2% of its 11% stake in India-based movie theater chain PVR through an open market transaction for USD24m. Read more… Read More
UOB Venture Management (UOBVM) and Credit Suisse have reached a USD60m first close on their second Asia impact investment fund. Read more… Read More
CLSA has reached a USD226m for Lending Ark Asia Secured Private Debt Fund, a vehicle targeting SMEs in the Asia Pacific region. Read more… Read More
Insitor Impact Asia Fund and TRIREC led a USD2m Series A2 for SolarHome, a solar energy startup offering pay-as-you-go solutions for off-grid households in Myanmar, with participation from Anthem Asia Myanmar SME Venture Fund and DPI Energy Ventures. Read more… Read More
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