Alibaba, DST lead $750m investment in Chinese grocery app Nice Tuan
D.E. Shaw & Co., Anatole Investment, and Jeneration Capital also invested.
Vietnam sees growing tribe of founders hopping onto VC bandwagon
Do Ventures, BK Fund, among others, are doubling down on investments in Vietnamese startups.
S Korea’s SK Group mulls investment in Vietnam’s Pharmacity
SK Group’s portfolio companies in Vietnam include Vingroup and Masan Group.
Warburg-backed New Ease partners QuadReal to launch $1b logistics fund
The fund will deploy capital in China’s logistics sector especially in top-tier cities.
Asia Partners names DFC, DEG as LPs in $384m debut PE fund
DFC and DEG committed a total of $47 million in the fund.
India: Annapurna Finance raises $30m from Nuveen Global Impact Strategy
As part of the transaction, Nuveen has acquired a significant minority stake in Annapurna.
Amazon acquires Indian retail tech startup Perpule
The acquisition is expected to provide Perpule’s investors an exit with 4x-5x returns.
India’s Kotak Special Situations Fund invests in AGS Transact
KSSF has been investing from its $1 billion fund in a variety of structured investment situations.