A string of private equity investors backed Ant Financial’s $14 billion Series C round, having recognized a company at the forefront of financial disruption in China
Warburg Pincus’ participation in the Series C found for Ant Financial in June was unusual because it drew on contributions from three different funds. In addition to investing through its global flagship...
Xyb2b.com, a B2B platform that helps Chinese e-commerce companies source products from overseas, has completed an extended Series B round of funding worth $100 million.
Beijing Ubox Online Technology, a Chinese vending machine manager, has received RMB1.6 billion ($226 million) in funding from Ant Financial Services Group and Primavera Capital Group.
CITIC Capital has scaled up for its latest China fund, raising 75% more capital than in the previous vintage. The buyout-focused GP expects tighter liquidity to drive more corporate carve-outs
Tala, a US financial technology provider looking to expand its microlending operations in India, has raised a $110 million Series D round from a group including PayPal Ventures.