
AVCJ at 25: John Zhao of Hony Capital
John Zhao, founder and CEO of Hony Capital, teamed up with Legend Holdings to create China’s first buyout fund in 2003. Nearly 10 years on, he is still restructuring state-owned enterprises but also looking to go overseas
John Zhao began his career in the movie business. Back in the 1980s, the founder and CEO of Hony Capital was a junior manager at Jiangsu Radio Factory, a state-owned enterprise (SOE) in Nanjing. The company...
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Singapore fintech start-up LXA gets $10m seed round
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India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.