DFC Provides USD15m Loan to Indian School Financier Varthana
US development finance institution DFC has provided a USD15m loan to Varthana, an India-based non-banking finance company focused on providing financing to schools. Read more… Read More
US development finance institution DFC has provided a USD15m loan to Varthana, an India-based non-banking finance company focused on providing financing to schools. Read more… Read More
Geopost, the logistics division of French postal services provider La Poste, Singapore-based ride-hailing company Grab, Monk’s Hill Ventures, B Capital Group, Intouch Holdings, Carmenta Capital, Bangkok Bank, Brunei’s Zamrud Sovereign Wealth Fund, and Golden Gate Ventures Growth Fund invested a USD279m Series D for Singapore-based logistics platform Ninja… Read More
BPEA Real Estate, the property arm of Baring Private Equity Asia, has invested USD480m in Chinese logistics platform Forest Logistics. A portion of the commitment was from BPEA Real Estate Fund II, which closed in 2018. Read… Read More
Tencent led a INR760m (approximately USD10.1.m) Series C for India-based self-publishing startup Pratilipi, with participation from Omidyar Network, Shunwei Capital, and Nexus Venture Partners. Read more… Read More
Asia-focused private credit investment fund manager ADM Capital has secured USD630m for its credit fund targeting mid-sized companies in Asia. ADM also recently appointed Neil Harvey, former CEO of Hong Kong and Greater China and Head of Asia Pacific Asset Management at Credit Suisse, as Executive Chairman. Read More
Chinese VC Shiyu Capital led a CNY1.97b (approximately USD278m) Series A for China-based biopharmaceutical company Mabwell Biotech. Oriental Fortune Capital, Loyal Valley Innovation Capital, Haitong Innovation Capital Management, Founder H Fund, Haurong Rongde Asset Management, Huajin Capital, Sincere Capital, and Winfast Holding also participated in the round. Read More
Legend Capital led a USD15m Series B for South Korea-based Healingpaper, the operator of cosmetic surgery review platform GangnamUnni, with participation from new investors KB Investment and Hana Ventures. Read more… Read More
India-focused VC Chiratae Ventures has invested an undisclosed amount in India-based traveltech Rodeo Travel Technologies’ online ticket booking services app Railofy. Read more… Read More
Sequoia Capital’s early-stage accelerator program Surge, Partech Partners, and Global Founders Capital have invested USD5.5m in Singapore-based communication and commerce solutions platform Tinvio. The fresh capital will support Tinvio’s expansion into Southeast Asia, Taiwan, and Australia. Read more… Read More
Singaporean sovereign wealth fund Temasek led a USD8m funding round for Singaporean plant-based meat and seafood producer Growthwell, with participation from DSG Consumer Partners, Insignia Ventures, Genesis Ventures, Brandify, and Koh Boon Hwee. Read more… Read More
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