China Aerospace Science & Technology Corporation (CASC) has launched a RMB150 billion ($22 billion) fund with a group of state-owned enterprises (SOEs) to invest in new technologies.
The vehicle, known as the State-owned Enterprise National Innovation Fund, has an initial size of RMB113.9 billion. Like other government-backed funds, it has already received commitments from state-owned...
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.