The International Finance Corporation (IFC) is considering an investment of up to $25 million in Maison Capital’s debut US dollar-denominated China fund, which has an overall target of $200 million.
IFC said in a disclosure that it expected to have a seat on the advisory committee for Maison Capital III, and that its commitment would not exceed 20% of the total corpus. Maison was founded in 2004...
Efficient Drivetrains produces powertrain systems suitable for electric vehicles and hybrids, leveraging automakers desire to meet emissions requirements without building costly in-house operations. H&A Asia Pacific is financing a wider geographic roll-out
Tink Labs, a Hong Kong-based start-up that provides hotel guests with free smart phones, has raised $125 million in a new round of funding led by existing investor FIH Mobile, a Hong Kong-listed unit of Taiwan’s Foxconn Technology Group.
Sequoia Capital has led a $51 million funding round for Indian cloud data security and information management solutions provider Druva.
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.