B Capital-backed Bizongo names Asian Paints veteran Manish Choksi to advisory board
Bizongo aims to ramp up its efforts across digital vendor management, and supply chain financing.
Banks pledge loans worth $173.8m to help Vietnam Airlines avoid bankruptcy
The airline reported a net loss of 4.97 trillion dong in the first quarter of this year.
Sinovation, Intel Capital back ZVISION and 39 more deal updates from Greater China
ZVISION’s backers also include Fosun RZ Capital, Green Pine Capital Partners, and Future Capital.
Naspers offshoot Prosus reports earnings boost from stake in Tencent
Prosus NV reported a better than expected net profit of $7.45 billion for 2021.
India: Fintech startup Progcap raises $25m from Tiger Global, Sequoia
The funds will be deployed to enhance its services and presence across existing geographies.
NZ’s Oriens Capital raises $56m for second PE fund, seeks oversubscriptions
The firm is seeking up to NZ$20 million ($14 million) in oversubscriptions.
KKR takes controlling stake in India’s Vini Cosmetics for $625m
KKR is making the investment from its Asian Fund IV.
SG bank DBS commits up to $200m to Muzinich’s Asia Pacific debt fund
The investment will help diversify DBS’s credit participation beyond its traditional debt portfolio.