The Riverside Company has sold Learning Seat, an Australia-based online compliance training specialist, to NASDAQ-listed marketing services provider Callidus Software for $26.4 million in cash.
Riverside acquired the company in 2012 alongside Wingate Private Equity from an Australian media company called News for an undisclosed sum. The GP invested via its $235 million Asia Pacific Fund II, which...
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led a round of funding for WM Motor Technology, a Chinese electric vehicle manufacturer.
NSI Ventures has reached a first close of approximately $60 million on its second Southeast Asia venture capital fund and also participated in a $5 million Series A round for Singapore-based digital healthcare company Biofourmis.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.
GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.