Village Grocer, a Malaysian premium grocery chain owned by Navis Capital Partners, has taken over domestic rival Bens Independent Grocer (BIG).
The deal will see Village Grocer Holdings (VGH) take a 100% stake in BIG from conglomerate the Big Group, which is divesting its retail grocery branch in order to focus on its food and beverage business....
Australian superannuation fund Hostplus has committed $50 million to a China-focused VC fund launched by Australian seed investor Artesian. The fund is targeting up to $200 million.
Yatra Online, an Indian travel services provider listed on NASDAQ, has raised INR1 billion ($15.4 million) in debt funding from InnoVen Capital.
Steven Okun, until recently KKR’s director of public affairs for Asia Pacific, has been appointed ASEAN representative for EMPEA, a global industry association for private capital in emerging markets.
East Ventures has launched a $30 million Southeast Asia fund that will make seed to Series A investments in technology start-ups, with an emphasis on Indonesia.