Tata Capital is looking to raise $600 million for the second Tata Opportunities Fund, a private equity vehicle that invests in Tata group entities as well as other independent Indian businesses.
The target was confirmed by a source familiar with the situation. Tata Opportunities Fund I spent approximately two years in the market before closing at $600 million in May 2013, having originally set...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.