Reliance General Insurance, the insurance arm of India’s Reliance Capital, has filed for an IPO that will provide a partial exit for its parent.
According to a prospectus, the offer will comprise a fresh issue of up to 16.8 million shares and an offer by Reliance Capital of up to 50.3 million shares. Currently, Reliance Capital holds 100% of...
Beyond Ventures and Chinese internet giant Alibaba Group have led a $40 million funding round for Hong Kong-based genetic testing and wellness start-up Prenetics.
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund based in the United Arab Emirates, has committed $1 billion to the Indian government’s National Investment and Infrastructure Fund (NIIF).
Australian private equity firm ROC Partners has teamed up with the state government of New South Wales and pension fund First State Super to launch a A$150 million ($118 million) equity fund targeting small to medium-sized enterprises (SME).
IMM Private Equity has agreed to buy a majority stake in W Concept Korea, an own-brand online clothing retailer owned by ISE Commerce, a multi-strategy Korean e-commerce business.