The fund has made its maiden investment in alternative protein startup Flying Spark.
TAEL Partners-backed EQuest Education has invested an undisclosed sum in Vietnam-based edtech startup 789.vn.
The new business will be headed by John Paitaridis, former MD of Australian telco Optus Business, who recently joined BGH as CEO of its IT portfolio.
P7 has already committed to two new investments.
The deal has generated a 2.75x return for the PE firm.
The JV will see an investment of at least $30 million into Myanmar-based Yoma Micro Power.
Vietnam-based food alternative provider Cricket One has raised an undisclosed sum led by 500 Startups and Singapore-based Masik Enterprises.
The transaction is expected to close in January 2020.
VOF alone will invest $17 million for an undisclosed stake.
Forced by competition and the inability to burn cash to gain scale, the new entrants are tweaking their strategies.
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