Hope Fund Management Company has partnered with shareholders of Singapore-listed real estate and health care firm Perennial Real Estate Holdings, including Wilmar International, in a bid to take the company private. The deal is valued at USD1.1b. Read more… Read More
TPG and L Catterton have invested a combined USD850m in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, joining existing investors Facebook, KKR, General Atlantic, Vista Equity Partners, Mubadala Investment Company, and ADIA. TPG and L Catterton have… Read More
Nexus Venture Partners led a USD18m Series A for US- and India-based enterprise automation startup JIFFY.ai, with participation from Rebright Partners and W250 Venture Fund. Read more… Read More
Insight Partners led a USD150m Series C for India-based SaaS platform Postman, with participation from existing investors CRV and Nexus Venture Partners. Read more… Read More
Chinese social media platform Joyy led a USD200m Series C for China-based fresh food e-commerce platform Tongcheng Life, with participation from Engage Capital, Legend Capital, BAI, GSR Ventures, Oriza Holdings, Welight Capital, and Tongcheng Capital. Read more… Read More
China-based VC Matrix Partners has reached a USD750m final close for its sixth VC fund targeting early-stage opportunities in the financial services, internet, and health care sectors across China. Read more… Read More
500 Startups has reached a combined USD32.8m partial close for its Southeast Asia funds. Thailand-focused 500 Tuktuks received USD9m and South Korea-focused 500 Startups Korea received USD23.8m. Read more… Read More
Sequoia India and Lightspeed India led a USD10.5m seed investment in Indonesia-based rwholesale marketplace for SMEs Ula, with participation from SMDV, Quona Capital, Saison Capital, Alter Global, and angels including the founding team of Indian B2B marketplace Udaan. Read more… Read More
Mekong Capital and Granite Oak have made a USD6m follow-on investment in Vietnam-based consumer lending platform F88. Read more… Read More
Gaw Capital and SoftBank Ventures Asia led a USD25m Series A for Vietnam-based proptech Propzy, with participation from Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare, and Insignia. Read more… Read More
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