A consortium of investors led by Singapore Life (Singlife) and including TPG and Japanese insurer Sumitomo Life have acquired the Singapore business of UK-based insurance company Aviva for USD2b. The transaction, which is expected to close in January 2021, will grant the consortium a 75% interest in Aviva… Read More
ADV Partners has sold a 10.46% stake in India-based heating and ventilation equipment manufacturer Amber Enterprises for INR6.04b (approximately USD82m) through open market transactions. Before the transaction, ADV Partners held 20.9% shares of the company. Read more… Read More
PAG has agreed to invest USD300m in China-based online consumer finance platform LexinFintech via a private placement of convertible notes. Read more… Read More
China Renaissance has reached a USD600m final close for Huaxing Growth Capital III, its third US-denominated fund targeting investments in growth stage companies across the new economy sectors in China. Read more… Read More
Sequoia Capital China, Matrix Partners China, Co-Stone Capital, and the VC arm of Country Garden led a USD175m Series C extension for China-based commercial rocket developer Landspace, with participation from China Small Medium Enterprises Development Fund, Lightspeed China Partners, Gopher Asset Management, and an investment arm of Hong… Read More
Y Combinator Continuity Fund led a USD30m Series C for India-based wealth management platform Groww, with participation from existing investors Sequoia Capital, Ribbit Capital, and Propel Venture Partners. Read more… Read More
Tiger Global has invested INR7.6b (approximately USD102.5m) in the ongoing Series J for India-based food delivery startup Zomato at a valuation of USD3.4b. Read more… Read More
Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Fundraising for EM-focused private capital vehicles declined by 15%, year over year, to USD34.7b in the first half of 2020. COVID-19 has… Read More
Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Venture capital funds outraised private equity in 1H 2020, even as overall fundraising slowed Fundraising for China reached USD12.7b in 1H 2020,… Read More
Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Bolstered by VC, India-focused fundraising remained on pace with previous years In spite of the hurdles imposed by India’s widespread shutdown in… Read More
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