Tiger Global leads MAKE ESSENSE round and 19 updates from Greater China
We have also put together a table listing out major VC deals from April 23-26, 2021.
China launches antitrust probe into food delivery giant Meituan
Tencent-backed Meituan raised $10 billion in a stock and convertible bonds sale this month.
S Korean fintech firm Kakao Pay applies for preliminary IPO approval
In 2017, Ant invested $200 million in Kakao Pay.
China Digest: Deltaphone, Trinomab and Scivita Medical raise fresh capital
Deltaphone has raised nearly $123.3m, so far, across three funding rounds in the past 10 months.
Indian edtech firm upGrad to scout for acquisitions after Temasek’s $120m investment
This is the first external funding raised by the edtech company.
Warburg Pincus acquires majority stake in Indian carton maker Parksons
Kedaara Capital AIF 1, Olza Holdings Limited and IIFL have fully exited their investment in Parksons.
Blackstone offers to buy additional 26% stake in Indian IT firm Mphasis for $1.1b
Blackstone had bought a 60.5% stake in Mphasis from Hewlett Packard Enterprise Co. in 2016.
Chinese medical equipment provider Hygea bags $77m in Series C round
The round was joined by Sinopharm Capital, BioTrack Capital and AI firm SenseTime.