CLSA Capital Partners has invested $21.8 million for a minority stake in Resonance Eduventures, an Indian education specialist. It marks the fifth investment in India by the $333 million ARIA Investment Partners III and the 10th by the ARIA group of funds in the country.
Resonance was set up in 2001 and provides coaching for entrance examinations to students interested in pursuing graduation courses in the fields of engineering and medical sciences. It has a network of...
The Everstone Group has bought a majority stake in Indian pharmaceutical developer Rubicon Research for INR2.2 billion ($32.9 million), providing an exit for Kotak Private Equity.
US-based retailer Walmart has made a $50 million strategic investment in New Dada, a Chinese online grocery and delivery platform part-owned by JD.com.
Asia Pacific Medical Group (APMG), a medical platform owned by Bain Capital, has agreed to sell Singapore and Malaysia-based plastic surgery brand The Sloane Clinic to China Medical (International) Group (CMIG).
Neobear, a China-based company that develops interactive learning tools for children, has raised a RMB250 million ($37 million) Series B round of funding led by Chinese GP New Horizon Capital.