The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $15 million to Indian solar power company Clean Max Enviro Energy Solutions.
According to a filing, the capital would be used to fund the construction of 250 megawatts of solar projects in the country across the next three years. IFC plans to invest through the acquisition of compulsorily...
Indonesian VC firm Kejora Ventures has reached a first close of nearly $25 million on its second fund and plans to expand into Thailand with the support of one of its LPs, the Chareon Pokphand family, which controls local conglomerate CP Group.
Bain Capital Private Equity has made a partial exit from Australian accounting software developer MYOB, reducing its holding from 56.25% to approximately 39.1%.
China’s largest express delivery services provider SF Express, which is backed by several PE investors, has completed a backdoor listing in Shenzhen that values the business at RMB43.3 billion ($6.6 billion).
Kickstart Ventures and BPI Capital have joined their parent Ayala Group to buy a 49% stake in the Philippines business of online fashion retailer Zalora.