Looking to apply its US mattress retail expertise in China’s fragmented market, Advent International bought King Koil China two years ago. It is now in the process of boosting online and offline sales growth
Sleeping on a soft, well-crafted mattress might have been denounced as corrupt bourgeois behavior during China’s Cultural Revolution years. Five decades on, premium bedding is an increasingly popular...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.