Beisen, a Chinese supplier of HR evaluation and testing tools and services, has received $10 million in Series B funding from Matrix Partners and Sequoia Capital. It comes three years after the company’s first-round of financing, which saw Shenzhen Capital Group and Tianjin Venture Capital commit an undisclosed sum.
The new funding will be used for product development, with Beisen having introduced a cloud-based platform that offers integrated recruitment, evaluation and talent management services. According to CEO...
Global and regional private equity firms are increasingly turning their attentions to Vietnam, reassured by the country’s relative economic stability and impressed by the rising number of investable companies.
Navis Capital has agreed to sell its controlling stake in Australia’s Retail Apparel Group (RAG) to The Foschini Group of South Africa in a deal worth A$302.5 million ($225 million).
Chinese film distributor Bona Film Group, which is backed by a handful of PE and strategic investors, has teamed up with Hollywood talent agency Creative Artists Agency (CAA) to launch a $150 million film fund.
Australian venture capital firm Artesian Venture Partners has raised A$26 million ($19.5 million) for a domestic clean energy fund with a A$10 million cornerstone investment from the government’s A$1 billion Clean Energy Innovation Fund.