Search Results for:Pramugdha Mamgain

China Dealbook: THG leads $6m funding in Rokae; Bizvane, Zoomdu fundraise

The start-up sector in China is abuzz with funding activities. Rokae, a lightweight industrial robot supplier, has raised $6 million funding led by THG Ventures, while Bizvane, a data technology company, has raised tens of million of RMB as part of Series A financing. Beijing-based travel technology firm Zoomdu has too secured… Read more »

Japan’s Mitsui picks minority stake in ETG Group for $265m, StanChart PE exits

Mitsui will acquire secondary shares from the ETG founders and the Pembani Remgro Infrastructure Fund (PRIF).

Indonesia: IFC proposes to provide up to $50m debt to microfinance institution MBK

The funding is expected to support the growth of the company’s microfinance portfolio.

China: IFC mulls $30m investment in Carlyle-backed warehouse platform Roma

The financing will be used by the company to develop, build and operate between 10 and 15 warehouses in various cities across China.

HK’s Fung Capital leads $7m in ThirdChannel; Samsung NEXT, Verizon invest in Vidrovr

Hong Kong’s Fung Capital, the investment arm of the Fung Family, has led a $7 million Series A funding round in ThirdChannel.

China’s CITIC, Legend co-lead $105m Series C in Phoenix Travel

Beijing-based international travel agency Phoenix Travel Worldwide has raised $105 million in a series C funding round co-led by China’s CITIC Capital, Haier Capital, Lenovo Holdings Corp and Legend Capital, as per a report in China Money Network. The round also saw participation from Juyuan Investment, Yonghua Capital and Silk Road Huachuang,… Read more »

Baring PE Asia-backed TELUS International acquires US firm Xavient for $250m

Xavient, which is headquartered in Simi Valley, California, employs close to 1,800 people, and has operations throughout the U.S. and in India.

China Dealbook: Tiantian Paiche, Fclassroom, Asking Data, A1Food fundraise

Fclassroom that has raised $15 million in a Series B round led by California’s DHVC or Danhua Capital.

China CVS to buy Morgan Stanley Asia PE-backed convenience store chain for $84m

Upon close (October 30), the transaction will see MSPEA fully exit its shareholding in Idea Thrive.

China: HighLight Capital closes second dollar-denominated fund at $250m hard cap

HighLight Capital raised $300 million for its debut US dollar fund a parallel RMB fund in 2014.