Deliveree, a Southeast Asia-focused last-mile logistics marketplace, has raised a $14.5 million Series A round of funding led by Gobi Partners.
Other participants include PSA Unboxed, Asia Summit Capital, and founding investor Inspire Ventures. Wavemaker Partners is also a shareholder since its merger with Ardent Capital, which was an early investor...
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.