People Digest: Ex-Blackstone exec joins GLP China; CEC Capital names partner
Tim Wang will be responsible for co-leading GLP China’s logistics and industrial real estate business.
Indian IT giant Wipro to buy Australia’s Ampion for $117m
The deal is expected to close in the quarter ending 30 June, 2021.
Oceanpine Capital leads $73m funding in US biopharma firm Immune-Onc
The latest funding brings the total capital raised by the company to $110 million.
FMO approves $50m investment in microfinance lender BRAC Bangladesh
The 5-year facility will be fully earmarked for the financing of the microloan portfolio of the company.
Japan’s YJ Capital merges with LINE Ventures, launches $271m fund
The new fund is among the largest corporate VCs in Japan.
China Everbright, AIoT firm Terminus raise additional $305m for smart city fund
The new capital commitment came from the local government of China’s Deyang city.
Chinese smart lock maker Kaadas nets nearly $100m in new funding
The Series B investment round was led by Orchid Asia.
Singapore smart battery swapping startup Oyika looks to raise $100m to fund expansion
The company plans to expand in Vietnam and roll out its battery-swap service for e-motorbikes in Indonesia.