India: JSPL to sell stake in Jindal Power to Worldone for $402m
The divestment is in line with JSPL’s strategic aim of continuously reducing its debt.
India: Early-stage investor pi Ventures to raise $76m for second fund
To date, the VC firm has invested in 13 deep tech startups such as Niramai, Locus, Wysa, Agnikul and Pyxis.
SG Digest: Temasek invests in Solugen; ARA Logos divests Australian warehouse property
Solugen will set up new R&D and production facilities in Southeast Asia.
ADV Partners, Premji Invest acquire majority stake in India’s Micro Plastics
The deal marks ADV Partners’ ninth investment in India.
India’s Urban Company gets unicorn tag after raising $190m: Report
The Series F round reportedly gives the startup a post-money valuation of close to $2 billion.
Vietnam’s POC Pharma raises $4.5m seed round to expand to new markets
The SaaS firm bagged funding from Germany’s Picus Capital, US-based FJ Labs and Goat Capital, among others.
China’s Qihoo 360 mulls leading EV brand Nezha’s Series D round: Report
Qihoo 360 would become Nezha’s third-biggest shareholder if the transaction were to happen.
China’s Richland Capital ropes in French materials giant Saint-Gobain as LP in third venture fund
The fund expects to raise $123m for its final close by end of June this year.