China-based cloud computing platform QingCloud, which is backed by several VC investors, has raised a new round of renminbi-denominated funding worth RMB1.08 billion ($160 million).
New investors coming into the round include China Merchants Securities International and its affiliate China Merchants Zhiyuan Capital, Yonghui Capital, River Head Capital, CICC Jiatai Fund, and China...
Singapore’s Temasek Holdings and Sweden’s EQT will commit $500 million to the launch and development of O2 Power, a renewable energy platform in India.
Indian self-driving rental platform Zoomcar has raised $30 million in Series D funding with a contribution from a Sony-branded fund managed by Innovation Growth Ventures.
Warburg Pincus generated distributions of $2 billion from its China investments last year, a record annual total for its local operation.
Several public sector organizations have committed $500 million to six funds managed by Bamboo Capital Partners under a new investment platform dedicated to achieving the UN sustainable development goals (SDGs).