IvyCap Ventures and IDG Ventures India (IDGVI) have participated in a undisclosed Series B round investment for India's eShakti.com, an online women's apparel retailer.
Chennai- and US-based eShakti was founded in 1999. It began as an online platform offering basic cottons and modestly embellished clothes, but now it positions itself as a design company that focuses on...
Eastspring Investments, an Asia-focused asset management business of Prudential, will invest $500 million in an emerging markets infrastructure development program managed by the International Finance Corporation (IFC).
China-focused PE firm Yunfeng Capital has led a RMB200 million ($29 million) Series B round of funding for Tianjin Galaxy Cool Media, a local online video content producer.
The Blackstone Group has exited its entire stake in Jagran Media Network, the holding company of Indian newspaper publisher and media platform Jagran Prakashan.
Warburg Pincus has led a $64 million investment in Trax, a Singapore-based company that has developed visual technology through which retailers can link sales to in-store and on-shelf positioning.