General Atlantic led a USD110m round for Amagi, an India-based media technology company providing cloud-based broadcast and advertising services, including INR2.2b (~USD27m) in secondary shares. General Atlantic will hold an 8% stake in the company following the transaction, which values Amagi at a reported ~USD1.45b. Read… Read More
L Catterton reached a ~CNY1b (~USD138m) first close for its first yuan-denominated fund, which is focused on early-stage consumer companies in China. The fund is targeting CNY2b (~USD276m). Read more… Read More
The credit unit of Baring Private Equity Asia (BPEA) spun out of BPEA and reached a USD475m final close for its third fund. BPEA was recently acquired by EQT for EUR6.8b (~USD6.8b). Investors in BPEA Credit Fund III include CPP Investments and IFC. Read more… Read More
British International Investment led a USD25m equity round for Kinara Capital, an India-based SME lender, with participation from Nuveen and Triple Jump’s AMP Fund. Read more… Read More
Firstred Capital led a CNY200m (~USD27m) Series C for BIZSEER, a China-based enterprise IT systems maintenance platform, with participation from The Cathay Funds and Sanyi Capital, and follow-on from Shunwei Capital and Sequoia China. Read more… Read More
Reap, a Hong Kong-based payments platform for SMEs raised a USD40m Series A led by Acorn Pacific Ventures, Arcadia Funds and HashKey Capital, with participation from Hustle Fund, Fresco Capital, Abacus Ventures and Payment Asia. Read more… Read More
SDIC Venture Capital led a ~CNY700m (~USD97m) round for New Dimension Systems, a China-based industrial software provider, with participation from SB China Venture Capital, Vertex Ventures, Chengdu F&D Equity Investment, Bohai Industrial Investment Fund, Shenzhen Hui Capital and others. Read more… Read More
Devtron, an India-based, open-source software delivery platform, raised a USD12m round led by Insight Partners. Read more… Read More
Global Logistic Properties led a ~USD300m pre-Series A for Farizon Auto, a China-based maker of commercial vehicles powered by new energy sources, with participation from Transfar, Citic Securities Investment, Industry Foundation of Xiangtan, GLy Capital and Mirae Asset. Read more… Read More
Tiger Global led a USD23m Series B for WATI, a Hong Kong-based customer engagement tool built for WhatsApp, with participation from Sequoia India, DST Global and Shopify. Read more… Read More
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