Juanpi.com, a Chinese online platform selling discounted consumer products, has raised a RMB600 million ($93 million) Series C round of funding co-led by Tiantu Capital and China Merchant Bank International.
Zhejiang Financial Investment Holding also participated. The new funding will be used to develop new products and services, as well as marketing, the company told 36kr. Wuhan-based Juanpi was founded...
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.