Avendus Capital, an Indian financial services firm owned by KKR, has agreed to acquire Ocean Dial Asset Management, the UK-based investment manager of India Capital Growth Fund (ICGF).
Avendus will acquire 100% of Ocean Dial for an undisclosed amount, according to a filing. The deal is subject to regulatory approvals from the UK Financial Conduct Authority and the Securities and Exchange...
UK-based private equity investor Dolma Impact Fund has committed $3.2 million to Swet Ganga Hydropower & Construction, a hydroelectric power provider in Nepal.
Nayuta, a Japanese start-up focused on combining internet-of-things (IoT) and blockchain technologies, has received a JPY140 million ($1.3 million) funding round led by Jafco.
InnoSpring and Alibaba Group have jointly launched an accelerator program in China with a view to helping international start-ups access Chinese markets and ecosystems.
Magmode, a China-based men’s fashion start-up, has raised $15 million in the second tranche of a Series B round led by Cathay Capital Private Equity. Existing investor Sinovation Ventures also participated.