Deals
Bykea was able to raise this round at a valuation of over $100 million, said sources.
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
FAZZ Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and others
Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others
SGX-listed Olam's agriculture unit secures $745m loan from UAE banks
India's Arzooo raises $70m from SBI Investment Japan, Doordash founder Tony Xu, others
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[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
Private Equity
The exit comes five years after CDH invested in The Better Health Company.
The predecessor fund was closed last year at $3.9b.
Joffre will pay $21 per share for 106.1 million Playtika shares.
Nissan owns only a 15% non-voting stake in Renault.
The move is expected to add momentum to its exploration of potential buyout deals
The US pension fund committed $350m to B Capital and $55m to S Capital’s funds.
IPOs & Markets
The shares are expected to list on or around July 5.
Venture Capital
Valar Ventures and Flourish Ventures backed the latest funding round.
This comes after a voluntary debt workout failed to gain full support.