Suzhou Ribo Life Science, a China-based clinical-stage biotech with a focus on nucleic acid research,raised USD40m in the first tranche of a Series E led by Panlin Capital and Sany Foundation’s Trinity Innovation Fund, with participation from new investors. The startup raised a CNY673m (~USD95m) Series C in 2020 from… Read More
Yunfeng Capital and Gaorong Capital led a USD200m Series B for Sironax, a China-based clinical-stage biotech with a focus on the treatment of age-related degenerative disease, with participation from MSA Capital, a subsidiary of Abu Dhabi Investment Authority (ADIA), CBC Group, Long River Investments, LSV Capital, Superstring Capital and Future… Read More
Qiming Venture Partners led a USD22m Series A extension round for GluBio Therapeutics, a US- and China-based biotech focused on developing targeted protein degradation (TPD) drugs, with follow-on from Lilly Asia Ventures and Kaitai Capital. Read more… Read More
Insignia Ventures Partners reached a USD516m final close for its third venture fund. The vehicle invests in early-stage Southeast Asian startups. Read more… Read More
India-based rural fintech Jai Kisan raised USD50m in equity and debt in the first tranche of its Series B round at a reported USD200-240m valuation. GMO Venture Partners, Yara Growth Ventures and DG Daiwa Ventures, as well as existing investors Blume Ventures, Arkam Ventures, Mirae Asset Capital and Snow Leopard… Read More
Carlyle and Advent International each agreed to acquire up to a 10% stake in India-listed commercial bank YES BANK for a combined USD1.1b. The deal includes USD640m in equity shares and USD475m in warrants. Read more here, here and… Read More
India-based rural fintech Jai Kisan raised USD50m in debt and equity in a first close of its ongoing Series B from GMO Venture Partners, Yara Growth Ventures and DG Daiwa Ventures, and existing investors Blume Ventures, Arkam Ventures, Mirae Asset, Snow Leopard Ventures and others. The debt funding was provided… Read More
Shorooq Partners led a USD4.5m pre-seed round for Pakistan-based social commerce platform DealCart, with participation from Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Rally Cap Ventures and angel investors. Read more… Read More
Sequoia Capital Southeast Asia and Kleiner Perkins led a USD17.6m seed round for Pakistan-based fintech Dbank, with participation from Nubank, Askari Bank and Rayn. Read more… Read More
General Atlantic and Kedaara Capital invested INR15b (~USD188m) in ASG Eye Hospitals, an India-based eye hospital chain. The transaction is expected to provide an exit for Investcorp, which invested INR750m (~USD12m) in the company in 2017 through IDFC Private Equity Fund IV. Read more… Read More
(default archive template)