STIC to Acquire South Korean Diet Consulting Chain Juvis Diet for USD211m
STIC Investments has agreed to acquire 100% of South Korea-based weight loss consulting chain Juvis Diet for KRW250b (approximately USD211m). Read more… Read More
STIC Investments has agreed to acquire 100% of South Korea-based weight loss consulting chain Juvis Diet for KRW250b (approximately USD211m). Read more… Read More
Actis has acquired two solar projects in India totaling 400MW from Acme Solar Holdings for an undisclosed amount. The acquisition was completed through Actis Long Life Infrastructure Fund. Read more… Read More
Sprints Capital led a USD50m investment in Singapore-based fintech PPRO, with participation from Citi Ventures and HPE Growth. Read more… Read More
Ping An Capital and Riverhead Capital led a CNY1.291b (approximately USD186m) Series B for China-based biotech startup Lepu Biotech, with participation from SDIC Unity Capital, Haitong Innovation Capital Management, and State New Central Enterprises Operating Investment Fund. Read more… Read More
Byju’s, an India-based edtech backed by General Atlantic, Tiger Global Management, Tencent, and Bond Capital, has acquired India-based code training platform WhiteHat Jr for USD300m, facilitating an exit for WhiteHat-backers Nexus Venture Partners, Omidyar Network, and Owl Ventures. Reportedly, Nexus VP, Omidyar, and Owl Ventures received USD68m, USD45m,… Read More
Intudo Ventures led a USD5m Series A for Indonesia-based eatery tech Wahyoo, which digitizes and automates operations for food stalls, with participation from Kinesys Group, Amatil X, Arkblu Capital, Indogen Capital, Selera Kapital, Gratyo Universal Indonesia, and Isenta Hioe. Read more… Read More
A consortium of investors led by Meranti ASEAN Growth Fund, a fund managed by Gobi Partners, has agreed to acquire the e-commerce business of Singapore-based Synagie for USD44.8m. The consortium includes Alibaba Singapore and the three co-founders of Synagie. Read more… Read More
Morgan Stanley has reached an undisclosed final close for its North Haven India Infrastructure Fund, which reportedly had an initial target of USD750m and plans to invest in roads, airports, ports, power plants, as well as health care, telecom, and education in India. FMO recently invested USD20m in… Read More
Tencent and Capital Today led a CNY2.5b (approximately USD360m) Series C for China-based fresh produce retailer Yipin Shengxian, with participation from existing investor Eastern Bell Venture Capital. Read more… Read More
Navis Capital Partners has exited its controlling stake in Malaysia-based information and communications technology (ICT) company Strateq via a sale to a subsidiary of Singapore-listed StarHub for MYR130m (approximately USD31m). Navis might receive an additional MYR30m (approximately USD7m) based on Strateq’s performance in 2021. Read more… Read More
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