Industry Newsroom

Industry News

  • GIC Leads USD420 Million Investment in Traveloka

    Indonesia-based online travel platform Traveloka has reportedly raised USD420 million in a funding round led by Singaporean sovereign wealth fund GIC. Existing investors in the company, including Hillhouse Capital Management, Sequoia...Learn More

  • Source Code Capital Raises USD570 Million for Venture and Growth Strategies

    China-focused venture capital fund manager Source Code Capital has reportedly raised a combined USD570 million for Source Code Venture Fund IV and Source Code Growth Fund I. Investors in the funds include sovereign wealth funds,...Learn More

  • Phatisa to Exit Meridian Group

    Africa-focused private equity fund manager Phatisa has agreed to sell its controlling stake in Africa-based fertilizer distributor Meridian Group to Saudi Arabia-listed mining and metals group Ma’aden. Phatisa originally invested in...Learn More

  • Warburg Pincus Leads USD140 Million Series D Round for Gaosi Education

    Global private equity fund manager Warburg Pincus has led a Series D funding round of USD140 million for China-based K-12 education company Gaosi Education. The company provides one-on-one and live-streamed tutoring services in...Learn More

  • Luckin Coffee Raises USD150 Million Led by BlackRock

    China-based coffee chain Luckin Coffee has raised USD150 million in a funding round led by global asset manager BlackRock, which contributed USD125 million of the total. Luckin, which is also backed by Singaporean sovereign wealth...Learn More

  • responsAbility Invests USD10 Million in Green Masala Bonds Issued by EFL

    India-based non-banking financial company Electronica Finance (EFL) has issued USD10 million in INR-denominated, senior-secured green bonds to impact investment fund manager responsAbility Investments. EFL will use the funds to...Learn More

  • TA Associates Acquires Minority Stake in Indira IVF

    Global growth equity fund manager TA Associates has acquired a significant minority stake in India-based fertility treatment provider Indira IVF. The company operates 59 treatment centers across 16 states in India and will partner...Learn More

  • I Squared Capital to Exit Amplus Energy Solutions to

    Malaysian national oil and gas company Petroliam Nasional (Petronas) has agreed to acquire 100 percent of Singapore- and India-based distributed solar power developer Amplus Energy Solutions (also known as M+) for a reported INR27...Learn More

  • Kinea to Invest USD52 Million in Wiser Educação

    Kinea Investimentos, the alternative asset management subsidiary of Brazil-based financial services group Itaú, has agreed to acquire a 20 percent stake in Brazil-based foreign language education group Wiser Educação for BRL200...Learn More

  • DCP Capital Raises USD2.5 Billion for Debut Fund

    China-focused private equity fund manager DCP Capital has reached a final close for its debut fund with USD2.5 billion in capital commitments, including USD500 million raised through a local RMB-denominated vehicle. Investors in the...Learn More