SoftBank-backed Ola’s EV arm in talks to supply electric scooters to India’s CESL
CESL plans to supply 200,000 two-wheeled EVs and 300,000 three-wheeled EVs across India.
Alibaba investor Lead Edge Capital raises $150m to invest in listed technology firms
The new fund is expected to hold positions in 5-10 public firms at a time.
Indian asset management firm Integrow to raise up to $136m for first real estate fund
It will raise the capital mainly from high-net-worth individuals and single-family offices.
China to unveil tough rules to regulate $120b private tutoring industry
The new rules, which aim to both to ease pressure on school children, could be announced next week.
Chinese regulator approves first wholly foreign-owned money market broker
The company, Ueda Yagi Money Broking (China) Co Ltd, will be China’s sixth money broking firm.
Blackstone to buy office developer SOHO China in $3b deal
Soho China went public in HK in 2007 and is known for its futuristic office buildings in the mainland.
India Digest: Vedantu eyes $150m funding; Tiger Global may invest in Spinny
Vedantu is eyeing a valuation of $1 billion in the fresh round.
Sauce.VC, DSG back men’s innerwear brand XYXX and nine other India deal updates
XYXX has raised about $4 million in its Series A funding round.