China’s Shunwei Capital Partners has made its first investment in India, contributing $3 million to the second tranche of a Series A round for used car trading platform Truebil.
Operated by Paix Technology, Truebil was founded in March 2015 by former employees at property portal Housing.com and online lifestyle store Fab.com. It connects car-owners to prospective buyers, relying...
Australia-based turnaround investor Allegro Funds has reached a final close on its third fund at the hard cap of A$290 million ($218 million) as well as raising A$92 million for a sidecar vehicle.
Cathay Capital Private Equity has launched a RMB1.5 billion ($227 million) China automobile sector fund with cornerstone investments from Yangtze River Industry Fund and French auto supplier Valeo.
Eight Roads Japan has led a JPY2.45 billion ($21.6 million) funding round Tokyo-based online media start-up Candee.
Baring Private Equity Asia has finalized an agreement to sell its majority stake in Korean construction materials business Halla Cement to Asia Cement.