Boyu Capital and Janchor Partners led a USD309m Series C for MediTrust Health, a China-based online healthcare payment and pharmacy platform, with participation from Lilly Asia Ventures, Lake Bleu Capital, Bank of China, AIHC Capital, China Everbright, New Alliance Capital, B Capital Group and CICC Capital, and follow-on from Shanghai… Read More
MBK Partners fully exited its 100% stake in Doosan Machine Tools, a South Korea-based manufacturer of turning centers, machining centers and other precision machine tools, to DTR Automotive, South Korea-based manufacturer of batteries, tires and auto parts, for USD2.05b. Read more… Read More
EV Growth and Quona Capital invested a USD17.5m round for Indonesia-based P2P lending platform ALAMI, with follow-on from AC Ventures and Golden Gate Ventures. Read more… Read More
Stellaris Venture Partners reached a USD225m final close for its second India-dedicated fund, targeting seed and Series A opportunities. Read more… Read More
Orbimed and HOPU Investments led a USD400m Series D for XtalPi, a China and US-based, AI-based drug molecule designer, with participation from Sino Biopharma and follow-on from Sequoia Capital China and 5Y Capital. Read more… Read More
Accel and SoftBank Vision Fund II led a USD650m Series E for Eruditus Learning, an India-based edtech for executive-level courses, at a reported USD3.2b valuation, with participation from CPP Investments and follow-on from Prosus Ventures. The round reportedly included USD220 in secondaries providing exits for early investors. Read more… Read More
India-based Verse Innovation, which operates the Dailyhunt and Joshapps, raised a USD450m Series I from Siguler Guff, Baillie Gifford and Carlyle Asia, with follow-on from Sofina Group, QIA and B Capital Group. Read more… Read More
Affinity Equity Partners invested a SGD200m (~USD147m) Series D for M-DAQ, a Singapore-based B2B financial services provider. Read more… Read More
Sequoia Capital led a CNY1.5b (~USD231m) Series F for Miaoshou Doctor, a China-based healthcare services platform, with participation from Springhill Fund, B Capital Group, Hel Ved Capital, Orbimed, INCE Capital and others. Read more… Read More
Hong Kong-based logistics real estate platform ESR agreed to acquire ARA Asset Management, a Singapore-based real estate asset management company backed by Warburg Pincus, in a stock and cash deal worth USD5.2b. As part of the deal, Warburg Pincus will receive USD2.1b in ESR shares and USD273.8m in cash. Warburg… Read More
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