CITIC Securities has led a $400 million funding round - with participation from CDH Investments and National Venture Capital - for China and US-based electric vehicle (EV) supplier Microvast Power Systems.
According to a statement, the capital will be used to advance battery technology R&D work and scale production capacity via a new factory in Zhejiang province that is scheduled to be fully operational...
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.