3W Fund Management led a USD43m Series E for China-based drug developer CANbridge Pharmaceuticals, with participation from Casdin Capital, Summer Capital, SPDBI, and Yaly Capital, and follow-on from Hudson Bay Capital, RA Capital, Lyfe Capital, and Tigermed. Read more… Read More
Providence Equity Partners has sold its stake in Bharti Infratel, the telecom tower infrastructure unit of India-based telco Bharti Airtel, to Nettle Infrastructure Investments, a subsidiary of Bharti Airtel, for INR16.6b (approximately USD225m). Read more… Read More
Shenzhen Capital Group led a CNY6b (approximately USD912m) Series A for Yunwang Wandian, the e-commerce and online retail arm of China-based retailer Suning.com, with participation from SenseRobot Management, Fengyun Capital, V Star Capital, Central China International Asset Management, Softfir Capital, and others. Read more… Read More
China’s economy has returned to growth in post-COVID-19 recovery, and the government is looking to harness renewed investor sentiment with regulatory updates designed to further open financial markets to international capital. Mainland Chinese regulators have approved updates to the Qualified Foreign Investor (QFI) program, streamlining the application process and… Read More
Finch Capital led an undisclosed investment in Pintek, a fintech providing credit to students and education institutions in Indonesia, with participation from Accion Venture Lab and unnamed angel investors. Read more… Read More
Axiom Asia Private Capital has reached a USD1.8b final close for Axiom Asia VI, its sixth Asia-focused fund-of-funds. Read more… Read More
KV Asia Capital has fully exited Malaysia-based grocery retailer TF Value Mart via a sale to Intermediate Capital Group (ICG) for an undisclosed amount. Read more… Read More
The Asian Infrastructure Investment Bank (AIIB) has committed USD100m to ADM Capital to seed ADM Capital Elkhorn Emerging Asia Renewable Energy Fund, a new USD-denominated private debt fund focused on renewable energy investments in Asia. Read more… Read More
DST Global led a USD80m Series C for CRED, an India-based fintech helping credit card users manage their finances, with follow-on from Sequoia Capital and Ribbit Capital. Read more… Read More
Alibaba and Jeneration Capital led a USD196m Series C3 for Nice Tuan, a Chinese community-based e-commerce platform for fresh produce and household products, with participation from Kunlun Capital, China Capital Investment Group, CDH Investments, GGV Capital, Joy Capital, Qiming Venture Partners, Ince Capital, and Cygnus Equity. Read… Read More
(default archive template)