Having hit the hard cap of $2.75 billion on its fourth global energy fund, Actis will deploy most of the capital in platform-style investments for emerging markets renewables
Ugandan power distribution network Umeme was a tough sell. With as many as 20 deaths by accidental electrocution per year as of 2009, the company seemed to be under a curse. But Actis Capital had taken...
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.