BPEA agreed to acquire Tricor Group, a provider of integrated business, corporate and investor services based in Hong Kong, from Permira in a deal valuing the company at a reported USD2.76b. The transaction is expected to close in 1H 2022. Read more… Read More
B Capital Group, Falcon Edge Capital and others invested a USD50m Series B for India-based neobank Fi at a reported USD315m valuation. Read more… Read More
Affinity Equity Partners invested USD150m in Vidio, an Indonesia-based over-the-top (OTT) video platform, at a reported USD900m valuation. Read more… Read More
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 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 Capital, SoftBank China Venture Capital and others invested a USD326m round for Taiwan-based battery maker ProLogium Technology. Read more… Read More
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 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
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 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
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