SoftBank Group has invested in One97 Communications, the parent company of Indian online payments and e-commerce platform Paytm.
In a blog post, Paytm said SoftBank’s investment represents the largest round from a single investor in India’s VC industry. While it did not disclose financial details of the transaction, Indian media...
Team turnover remains a key concern for LPs making commitments to Chinese private equity firms, but even the most stable of GPs must demonstrate an ability to evolve in response to a fast-changing environment, investors caution.
Redpoint China Ventures has closed its debut renminbi-denominated VC fund at RMB700 million ($110 million).
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
HarbourVest Partners has closed its latest fund-of-funds targeting European and Asian markets with $1.7 billion in commitments.