Rocket, Kinnevik commit $33m to fashion portal
Rocket Internet and Sweden's AB Kinnevik have committed another EUR30 million ($33 million) to emerging markets-focused online fashion portal Global Fashion Group (GFG).
The investment is an extension of the company's most recent funding round, announced as EUR300 million in April. GFG's valuation, given as EUR1 billion in the earlier announcement, remains the same after...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
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Insight leads $50m round for Australia's Roller
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