Bain Capital is to become the controlling shareholder of ASIMCO Technologies Ltd., the Beijing-based manufacture of automotive components made famous by the book ‘Mr. China,’ for $150 million.
ASIMCO is the leading supplier of components to the diesel engine market in China The sellers are an investor consortium comprising 30 individual shareholders, including Key Capital Partners, the PE...
US-based 1839 Ventures has agreed to invest $20 million in a fund launched by the Pakistan government that will invest in domestic technology start-ups.
Amicus Capital Partners has made its maiden investment, committing INR600 million ($9.3 million) to Indian online insurance aggregator RenewBuy.
Lefit, a China-based online-to-offline (O2O) fitness platform, has raised a RMB300 million ($46 million) Series C round of funding led by Hillhouse Capital.
US and Singapore-based venture capital investor Wavemaker Partners has raised $66 million for its second Southeast Asia-focused fund. The target was $50 million.