China-focused private equity fund manager Hillhouse Capital led a USD1b Series F for Chinese edtech Yuanfudao, with participation from Boyu Capital as well as existing investors Tencent and IDG Capital. The funding increases Yuanfudao’s reported valuation to USD7.8b. Read more… Read More
India-focused alternative asset manager Steadview Capital Management has invested INR1b (approximately USD13.5m) in India-based online beauty marketplace and retailer Nykaa. Read more… Read More
Swedish fintech investment firm Vostok Emerging Finance led a USD21.6m Series B for India-based payment technology platform Juspay. Vostok Emerging Finance invested USD13m, Wellington Management and Accel Partners also participated in the round. Read more… Read More
Asia-focused venture capital fund manager Square Peg, Singapore-based global investor EDBI, and international health care provider IHH Healthcare led a USD27m Series B for Singapore-based healthtech Doctor Anywhere. Temasek subsidiary Pavilion Capital and existing investor Kamet Capital also participated in the round. Read… Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). EM-focused private capital vehicles raised USD78 billion in 2019, with a slowdown in pan-Asia and China-dedicated funds largely offset by increased fund closes from multi-regional GPs. Fund managers deployed record levels… Read More
Hillhouse Capital, Boyu Capital, Tencent Holdings, and other long–term investors have invested USD1.1b in China-based e-commerce firm Pinduoduo via a private share placement. Read more… Read More
Latin America-focused VC studio Latin Leap has invested an undisclosed amount in Singapore-based agrifood trade tech solutions platform DiMuto. Current investors include First Alverstone Capital, SGInnovate, and PwC Singapore. Read more… Read More
Pakistan-focused venture capital firm Sarmayacar, UK-based investment firm Kingsway Capital, and US-based Mentors Fund have invested an undisclosed amount in Pakistani online pharmacy Dawaai. Read more… Read More
Global VCs Accel Partners and Lightspeed Venture Partners have invested INR120m (approximately USD1.6m) in India-based smart dialing platform QTalk. Read more… Read More
Southeast Asia-focused private equity firm Provident Growth led a USD20m Series B for Cyber Security Startup Horangi, with participation from Monk’s Hill Ventures, Australian VC Right Click Capital, and venture debt fund Genesis Alternative Ventures. Read more… Read More
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