Private equity firms that held back from investing in 2018 as uncertainty gripped China’s economy now see reasons to get busy again. With few macro tailwinds, GPs will be judged on their ability to pick winners
An assortment of Chinese managers kept their powder dry in 2018. Countless opportunities were initiated or nurtured, and term sheets were signed, but more often than not, they declined to proceed. In a...
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.
ADV Partners has agreed to acquire heavy vehicles producer Dutch Lanka Trailer Manufacturers (DLT), a Sri Lanka-based subsidiary of Indian conglomerate Tata Group, for INR3.05 billion ($43.7 million).