Stonepeak Infrastructure Partners and a team of senior executives formerly with Equinix, Facebook, Tata Communications, and Macquarie, have committed USD1b to form Digital Edge, a data center platform headquartered in Singapore and focused on acquiring and developing carrier-neutral data centers and related digital infrastructure assets across the Asia… Read More
Infrastructure firm NWS Holdings, a unit of Hong Kong property developer New World Development, has agreed to sell Hong Kong-based bus franchises Citybus and New World First Bus for HKD3.2b (USD410.2m) to a consortium led by private equity fund Templewater Bravo in a cash deal. Following the transaction,… Read More
Fundamentum Partnership and KB Global have invested USD13m in an extended Series D for India-based logistics SaaS platform FarEye. Microsoft’s corporate venture fund M12 led the company’s USD24.5m Series D in April 2020. Read more… Read More
A consortium of investors led by Baring Private Equity Asia has agreed to invest USD209m in India-based lender RBL Bank for a 19.55% stake. Baring has agreed to invest USD132m for a 9.45% stake. Other participating investors include CDC Group, Gaja Capital, and ICICI Prudential Life. Read… Read More
WestBridge Capital led a USD28m Series C for India-based edtech Leadership Boulevard (LEAD School), with participation from existing investor Elevar Equity. Read more… Read More
KKR has completed the USD739m acquisition of two South Korea-based waste management firms part of ESG Group. Specifically, KKR acquired 100% of ESG, a medical waste treatment firm, and 77.8% of ESG Cheongwon, an industrial waste management company, from Anchor Equity Partners. Read more… Read More
Southern Capital Group has acquired Malaysia-based sweetened creamer manufacturer F&B Nutrition from Malaysia-based food packaging manufacturer Can-One International for USD240m. Read more… Read More
Swiss Re and Tencent led a USD230m Series D for Beijing-based health care crowdfunding platform Waterdrop, with participation from existing investors IDG Capital and Wisdom Choice Global Fund. Read more… Read More
Navis Capital Partners has made a reportedly substantial follow-on investment in Malaysia-based scaffolding and construction equipment solutions provider Dscaff Group for a majority stake in the company. Navis originally invested an undisclosed amount in Dscaff in 2018. Read more… Read More
Lilly Asia Ventures led a USD100m round in Shanghai-based Dizal Pharma, a joint venture between state-owned SDIC Fund Management, Swedish drugmaker AstraZeneca, and Zytz Partners that develops therapies for cancer and autoimmunity. New investors Sequoia Capital China, Trinity Innovation Fund, and Wuxi NewForce also participated in the round. Read More
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