Chinese online grocer Dingdong Maicai nets $700m funding co-led by DST
Other investors include Sequoia China, Tiger Global and General Atlantic.
Indian realty developer Shriram Properties to file draft papers for $100m IPO soon
The IPO will offer partial exits to Walton Street Capital, Starwood Capital Group, Tata Capital, and TPG Capital.
SoftBank may retain 10% stake, board representation after sale of India’s SB Energy
SoftBank currently owns 80% in SB Energy, which has a 7.7 GW solar power portfolio in India.
Japan’s buy now, pay later startup Paidy bags $120m Series D funding
In total, the startup has raised $585 million financing to date.
Indian learning aid startup Playshifu raises $17m led by Inventus Capital
Inflexor Ventures joined as a new investor, while Chiratae Ventures and Bharat Innovation Fund reupped.
ByteDance-backer Source Code Capital raises $1b for latest venture funds
It now manages $2.5 billion and 8.8 billion yuan ($1.3 billion) across multiple dual-currency funds.
South Korea’s SK Group buys 16.3% stake in Vietnamese retailer VinCommerce for $410m
The transaction values the retailer at $2.5 billion.
China’s Long Hill Capital closes third USD fund at over $300m
The fundraising takes the Chinese VC’s total committed capital to about 6 billion yuan ($800 million).