Mumbai-based logistics services company Leap India has secured about $13 million in a Series B funding round led by new investors IndiaNivesh Growth Fund, Sixth Sense and TCI Ventures.
The investment is understood to include participation from existing backers Mayfield and Rishabh Mariwala, the manager of domestic family office Sharp Ventures. It comes as the approval of a reformed goods...
Morningside Venture Capital, a China-focused early-stage VC firm that used to manage only US dollar-denominated funds, has closed its first renminbi vehicle at RMB1 billion ($143 million).
TPG Capital has agreed to acquire a controlling position in Vietnam Australia International School (VAS), facilitating an exit for existing backers Mekong Capital and Denmark-based MAJ Invest.
Apax Partners has agreed to invest $388 million in Guotai Junan Securities as the largest cornerstone investor in the Chinese brokerage’s HK$16.5 billion ($2.1 billion) Hong Kong IPO.
Consumer-focused GP ClearVue Partners has led a RMB200 million ($30 million) Series B round of funding for I Believe, a Chinese convenience store operator.