Warburg Pincus has led a $180 million Series D round of funding for Chinese online second-hand car trading platform Souche, less than five months after the company’s previous round worth $100 million.
Hong Kong-based VMS Investment Group, ClearVue Partners, Zuoyu Capital, Haitong International, CreditEase and Morningside Venture Capital also participated. Local wealth management player CreditEase committed...
Swiggy, an Indian grocery delivery platform, has received $113 million in a Series I round led by Prosus Ventures, formerly known as Naspers Ventures and Food.
Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Suzanne Tavill, a Sydney-based managing director with StepStone Group, has been elevated to partner. It was one of four partner-level promotions made by the firm globally.
Minnesota State Board of Investment (SBI) is looking to commit $150 million to KKR’s fourth pan-Asian fund. This represents a step up from the $100 million it put into the manager’s previous vehicle.