BlackRock and Mubadala agreed to invest ~USD526m in Tata Power Renewables, the renewable energy unit of India-based Tata Power Company, for a 10.53% stake. Read more… Read More
China-based solar energy technology company Guangdong Gaojing Solar Energy Technology raised a CNY1.6b (~USD251m) Series A from existing investors IDG Capital and Huafa Group, and new investors Guangdong Finance Fund Management, Shenzhen Investment Holdings and China Life Investment Management. Read more… Read More
Hahn & Co. acquired South Korea-based meal kit company My Chef for ~USD61m in a bolt-on acquisition. In 2020, Hahn & Co acquired an 80% stake in Korean Air Catering & Duty Free Services, the in-flight meal and duty-free sales businesses of Korean Air Lines, for ~USD724m. Read More
Lighthouse, through its India Fund III, led a USD65m round in Medikabazaar, an India-based B2B online marketplace for medical supplies, with follow-on from Creaegis, Health Quad, Ackermans & van Haaren, British International Investment (formerly CDC Group) and KOIS Holdings. Lighthouse invested USD30m. Read more… Read More
Hosen Capital closed a USD280m single-asset continuation fund for Kilcoy Global Foods, an Australia-based beef processing business with operations in China, South Korea and Japan, with commitments from Pantheon and Committed Advisors. Read more… Read More
Alpha Wave Incubation (formerly Falcon Edge) invested USD100m in India-based eyewear retailer Lenskart. Read more… Read More
SIG Venture Capital led a USD210m round for Philippines-based fintech Voyager Innovations at a reported USD1.4b valuation, with participation from EDBI and First Pacific, and follow-on from PLDT, KKR, Tencent, IFC and IFC AMC. Read more… Read More
KKR agreed to acquire a 9.99% stake in India-based insurance company Shriram General Insurance for USD237m. Read more… Read More
Indonesia-based superapp GoTo raised USD1.1b in its IPO on the Indonesia Stock Exchange at a market capitalization of USD30b. Read more… Read More
Binance led a USD150m in Sky Mavis, a Vietnam-based crypto video game developer, with participation from Animoca Brands, a16z, Dialectic, Paradigm and Accel. The funds will be used to refund users after Sky Mavis’s Ronin network suffered a USD620m hack. Read more… Read More
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