Hotel booking platform Go2Joy Vietnam raises $1.3m from Korea’s SV Investment
With this tranche, the company has raised a total of $3.6 million in its Series A+ round.
India: Nirma Group’s cement arm Nuvoco Vistas Corp seeks to raise $666.6m via IPO
The proceeds from the fresh issue of shares will be used for repayment in full or part of certain borrowings availed by the company.
Canada’s CPPIB to buy 16% stake in Indian infrastructure trust IndInfravit for $136m
The stake will be acquired from L&T, and Sadbhav Infrastructure Project Limited.
Tencent-backed Chinese EV maker Nio launches first overseas store in Norway
Norway is boosting EV sales, which represent over half of the country’s new car sales.
China Digest: Drug developer Hope nets $56m; biotech firm Yikon raises $39m
Alibaba co-founder Jack Ma-backed PE firm Yunfeng Capital was among Yikon’s backers.
India: Ventureland Asia invests in gaming startup Revenant Esports
With the $1 million investment, Kurup has become a 40% stakeholder in the gaming company.
SG Digest: SPH to turn media unit as not-for-profit entity; EDB’s new initiative
SPH will transfer its entire media-related businesses to a newly incorporated subsidiary.
DCP, Sequoia China lead Series B round for medical devices firm Valgen
Valgen has developed a pipeline of three products that have completed human clinical applications.