Chinese fitness app developer Hotbody has raised approximately RMB100 million ($15 million) in a new round of funding led by domestic GP Haodao Capital, with participation from existing investor Ameba Capital.
Launched in January 2015, Hotbody provides free online fitness courses, enabling users to manage their training schedule and record health data through the app. The company has expanded into other sport...
Everstone Capital has invested $8 million in Indian customer experience management (CEM) solutions provider Servion Global Solutions, raising its total stake in the company to $74 million.
Malaysian telecommunications conglomerate Axiata has led a $23 million investment in early-stage Australian advertising technology company Unlockd.
Global and regional private equity firms are increasingly turning their attentions to Vietnam, reassured by the country’s relative economic stability and impressed by the rising number of investable companies.
Navis Capital has agreed to sell its controlling stake in Australia’s Retail Apparel Group (RAG) to The Foschini Group of South Africa in a deal worth A$302.5 million ($225 million).