Canadian pension plan Caisse de depot et placement du Quebec (CDPQ) and Kuwait Investment Authority (KIA) have backed a platform launched by India’s ICICI Venture and Tata Power that will invest in domestic power projects.
The State General Reserve Fund (SGRF) of Oman also invested in the vehicle, alongside ICICI and Tata. The platform will commit up to $850 million over the next 2-3 years with a view to taking controlling...
China-based data storage software services provider XSKY has raised a RMB320 million ($45 million) Series D led by China's State Owned Capital Venture Capital Fund.
CF PharmTech, a Chinese medical devices maker focused on innovative respiratory products, has raised a $50 million Series F round with support from CICC Capital.
Chinese insulin manufacturer Gan & Lee Pharmaceuticals, which counts Qiming Venture Partners and Goldman Sachs among its investors, raised RMB2.5 billion ($354 million) through an A-share IPO.
KKR has agreed to buy a 54% stake in Indian drug maker J.B. Chemicals & Pharmaceuticals for INR31.1 billion ($416 million) and made an open offer for an additional 26% of the company.