CITIC Investments Leads USD1.2b Series A for China’s T3
CITIC Investments led a USD1.2b Series A for China-based ride-hailing platform T3, with participation from Redview Capital and Virtue Capital. Read more… Read More
Kedaara Capital Leads USD75m Series E for India’s Purplle
Kedaara Capital led a USD75m Series E for Purplle, an India-based e-commerce platform for beauty products, with follow-on from Sequoia Capital and Blume Ventures. Read more… Read More
Primavera and SoftBank China Venture Capital Invest USD326m Round for Taiwan’s ProLogium Technology
Primavera Capital, SoftBank China Venture Capital and others invested a USD326m round for Taiwan-based battery maker ProLogium Technology. Read more… Read More
BPEA Reaches USD8.5b Second Close for Fund VIII
BPEA reached a USD8.5b second close for its eighth pan-regional fund focused primarily on mid- and large-cap buyouts across Asia as well as on backing global companies that can benefit from Asian exposure. Read more… Read More
General Atlantic Leads Series C for Philippines’ Kumu
General Atlantic led an undisclosed Series C for Kumu, a Philippines-based social entertainment platform, with follow-on from Openspace Ventures and SIG. Read more… Read More
NYSCRF Commits USD210m to Asia Alternatives Fund
New York State Common Retirement Fund committed USD210m to New York Balanced Pool Asia Investors IV, a fund managed by Asia Alternatives. Read more… Read More
General Atlantic and Multiples Lead USD255m Round for India’s Acko
General Atlantic and Multiples Alternate Asset Management led a USD255m round for India-based insurtech Acko at a USD1.1b reported valuation, with participation from CPP Investments and Lightspeed Growth, and follow-on from Intact Ventures and Munich Re Ventures. Read more… Read More
TI Platform Leads USD40m Series C for India’s Drip Capital
TI Platform led a USD40m Series C for Drip Capital, a US- and India-based cross-border trade finance platform for SMEs, with participation from Accel, Sequoia, Wing VC, Irongrey and GC1 Holdings. The company also received USD135m in debt from Barclays Investment Bank and East West Bank. Read more… Read More
SoftBank Vision Fund 2 Leads USD312m Series D for China’s Huice
SoftBank Vision Fund 2 led a USD312m Series D for China-based e-commerce SaaS provider Huice, with participation from CPE and follow-on from GL Ventures, GIC and Legend Capital. Read more… Read More
TRG Partially Exits India’s Sansera via IPO
India-based auto component maker Sansera Engineering listed on the BSE and the NSE, facilitating an exit for existing shareholders who sold ~INR12.8b (~USD173m) worth of shares. The Rohatyn Group sold ~47.5% of their shareholding in the IPO. Read more… Read More
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