Temasek and Falcon Edge Capital led a USD220m investment in India-based eyewear retailer Lenskart at a reported USD2.5b valuation. The investment is part of a new round that saw KKR invest USD95m in the company in May 2021. Read more… Read More
Creador partially exited its interest in Malaysia-based credit reporting company CTOS Digital via the company’s MYR1.21b (~USD287m) IPO on Bursa Malaysia. Creador sold shares worth MYR792m (~USD188m) and now retains a 40% stake in the company. Read more here and here… Read More
Creador reached a USD500m first close for Creador V. The vehicle has an initial target size of USD600m and will invest in mid-cap businesses across the consumer, healthcare, financial services and business services spaces in South and Southeast Asia. Read more… Read More
Existing shareholders Alibaba, SAIC Motor, CMG-SDIC Capital Management and Yunfeng Capital invested CNY3b (~USD464m) in China-based internet car solution provider Banma Information Technology. Read more… Read More
BlackRock Real Assets acquired South Korea-based offshore wind developer Korea Renewable Energy Development & Operation Holdings (formerly IGIS Private Equity) for an undisclosed amount. Read more… Read More
CMG-SDIC Capital Management and Hong Kong-based contract research organization Tigermed led a USD100m Series D for China-based drug developer Adlai Nortye, with participation from Legend Star, Guolian Fund, Triwise Capital, ATCG and Chinese social video platform Tian Ge Interactive Holdings. Read more… Read More
Hong Kong-based last mile logistics platform Gogox (formerly GoGoVan) raised USD100m led by BOCOM, the international arm of China Bank of Communications, and Cyberport Macro Fund. Read more… Read More
SoftBank Vision Fund 2 invested USD1.7b in Yanolja, a South Korea-based travel and leisure platform. Read more… Read More
Singapore-based producer of plant-based protein Next Gen Foods raised a USD20m seed round extension from existing investors Temasek and K3 Ventures as well as new investors GGV Capital, Chinese agriculture and foodtech venture fund Bits x Bites, food and beverage company Yeo Hiap Seng and angel investors. Read more… Read More
GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart led a USD3.6b round for India-based e-commerce company Flipkart, with participation from DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global Management, at a reported USD37.6b valuation. Read more… Read More
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