Tower Capital Asia reached a USD324m final close for its debut fund Tower Capital PE Fund I, with an additional USD55m in co-investment commitments. The fund will target the business services, consumer, education, healthcare and manufacturing sectors in Singapore and the rest of Southeast Asia. The fund has deployed about… Read More
KKR and India-based motorcycle manufacturer Hero Group agreed to invest USD450m in Hero Future Energies, Hero Group’s renewable energy arm that operates wind and solar projects. Read more… Read More
Creaegis led a USD75m Series C for Zopper, an India-based API platform for insurance infrastructure, with participation from ICICI Venture and Bessemer Venture partners and follow-on from Blume Ventures. Read more… Read More
Anhui Transportation Zhaoshang Industry Investment Fund led a CNY2.036b (~USD291m) pre-IPO round for Fujian Deer Technology, a China-based manufacturer of electronic wet chemicals for semiconductor production, with participation from Qingchuang Bole, TuringPE, Meiya Wutong and Zhidian Network Technology, and follow-on from Triniti Capital. Read more… Read More
Temasek led a INR4.4b (~USD55m) round for DotPe, an India-based commerce and payments platform for enterprises, with participation from Naya Global, MUFG Bank and PayU Fintech investments and follow-on from InfoEdge Ventures. Read more… Read More
Dragon Ball Capital and Genbridge Capital led a CNY600m (~USD86m) Series A for Xueji Chaohuo, a China-based retailer of roasted seeds and nuts. Read more… Read More
Jeneration Capital led a USD10m+ Series A for Vesoft, a China-based open-source graph database developer, with follow-on from Matrix Partners, Red Dot Ventures and Source Code Capital. Read more… Read More
China Development Fund and Jiangsu Jiequan led a CNY1.37b (~USD196m) Series B for Horizon New Energy Technology, a China-based manufacturer of lithium-ion battery separators, at a reported USD1b valuation with participation from China Structural Reform Fund, GF Qianhe Investment, CoStone Capital, Industrial Securities and CCB Principal Asset Management, and follow-on… Read More
Sahyadri Farms, an India-based provider of end-to-end solutions to small farmers, raised a INR3.1b (~USD39m) round led by Incofin, Korys, FMO and Proparco. Read more… Read More
Everstone Capital acquired a controlling stake in Softgel Healthcare, an India-based niche dosage manufacturer specializing in global nutraceutical, pharmaceutical and over the counter drugs, for an undisclosed amount at a reported USD125m valuation. Read more here and here… Read More
(default archive template)