TPG Increases Stake in Indian Bulk Container Manufacturer (Asia)

Source: AVCJ  |  Author: Mirzaan Jamwal

China-based alternative asset fund manager CDH Investments has invested RMB30 million (approximately US$4.8 million) in Dapu.com, a Chinese online retailer of home textiles. Dapu, launched in August 2012, sells bed sheets, towels and other textile products. The investment marks Dapu’s first institutional round of funding.