Blackstone, TPG and ChrysCapital invested a USD300m Series F for India-based e-commerce logistics startup XpressBees at a reported USD1.2b valuation, facilitating a partial exit for Alibaba and a full exit for an unnamed Chinese investor. Read more… Read More
QIA committed USD1.5b to Bodhi Tree, a new investment platform launched by James Murdoch (21st Century Fox) and Uday Shankar (Star India) targeting investments in media and consumer tech in Southeast Asia and India. Read more… Read More
KKR led a USD180m Series F for India-based home interior and renovation platform Livspace at a reported unicorn valuation, with follow-on from Ingka Group (Ikea), Jungle Ventures, Venturi Partners and Peugeot Investments. Read more… Read More
Hedgestone Capital led a USD45m Series C+ for Ponhu, a China-based trading platform for second-hand luxury goods, with participation from Jinhuifeng Investment and follow-on from INCE Capital. Read more… Read More
Affirma Capital acquired Singapore-based preschool chain Little Paddington for an undisclosed amount. Read more… Read More
Taichi Graphics, a China-based 3D content collaboration platform, raised a USD50m Series A from Source Code Capital, GGV Capital, BAI Capital and Sequoia Capital China. Read more… Read More
Trifecta Capital raised INR15b (~USD200m) for Trifecta Leaders Fund, its first equity fund targeting investments in late-stage Indian tech startups. Trifecta is looking to raise an additional INR3.75b (~USD50m) under a green shoe option. Read more… Read More
Sequoia Capital India, Tiger Global and SoftBank invested USD450m in India-based Polygon, an Ethereum-based blockchain scaling service provider, with participation from investors including Galaxy Digital, Galaxy Interactive and Republic Capital. Read more… Read More
Global Founders Capital and Gobi Fatima Ventures led a USD13m seed round for Pakistan-based road freight tech platform Truck It In, with participation from Wamda, Picus Capital, Millville, Zayn Capital, i2i Ventures, ADB Ventures, Cianna Capital, Reflect Ventures and K3 Ventures. Read more… Read More
Tiger Global and Sequoia Capital led a USD250m round for US- and India-based subscription management platform Chargebee at a reported USD3.5b valuation. Read more… Read More
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