DST Global led a USD140m Series C+ for China-based corporate spend platform Fenbeitong, with participation from D1 Capital Partners, WhaleRock, Saudi Aramco’s P7 Ventures and Emergence, and follow-on from Hillhouse Capital, Ribbit, Stau, Glade Brook and Bit Rock. Read more… Read More
GPCA Members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle East Key data takeaways: VC and tech investments drove private capital investment activity in GPC markets to the highest… Read More
GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central and Eastern Europe and the Middle East. With VC representing 55% of total private capital invested in these markets in 2021, this report highlights the themes investors are backing in… Read More
NEA led a USD400m Series E for Uniphore, an India-based conversational automation platform, with follow-on from March Capital and other existing investors, at a reported USD2.5b valuation. Read more… Read More
SoftBank Vision Fund 2 led a USD100m Series D for Sobot, a China-based customer service software provider, with participation from GL Ventures, Yunqi Partners and Mirae Asset Financial Group. Read more… Read More
Next Gen Foods, a Singapore-based maker of plant-based chicken, raised a USD100m Series A from Alpha JWC, EDBI and MPL Ventures, with follow-on from Temasek’s Asia Sustainable Foods Platform and GGV Capital. Read more… Read More
Sylvan Group, through its Sylvan Asia Growth Fund I, acquired Singapore-based healthcare and pharmaceutical companies Juniper Biologics, Artemis Health Ventures, DX Imaging and Juniper Therapeutics for USD140.5m. Read more… Read More
SoftBank Vision Fund 2 led a USD144m Series C+ for Funding Societies, a Singapore-based digital financing platform for SMEs, with participation from VNG Corporation, Rapyd Ventures, EDBI, Indies Capital, K3 Ventures and Ascend Vietnam. The company also received USD150m in debt. Read more… Read More
Blackstone acquired a majority stake in India-based asset and wealth management company ASK Investment Managers from Advent International and others for an undisclosed amount. Read more… Read More
Existing investors Affinity Equity Partners and BRV Capital Management invested KRW300b (~USD251m) in SSG.com, the e-commerce arm of South Korea-based retailer Shinsegae Group. Read more… Read More
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