A TPG Capital-led consortium has agreed to invest KRW500 billion ($437.5 million) in a transportation-focused spin-out of South Korean internet services company Kakao Corp.
The new entity, known as Kakao Mobility, will provide taxi hailing, traffic information, and parking related services. It plans to use the capital to expand marketing channels and accelerate growth of...
Abu Dhabi Investment Authority (ADIA) has agreed to invest INR 6.6bn (USD 83.5m) in India’s Aditya Birla Health Insurance (ADBHI) for a 10% stake.
Bain Capital has won board approval from Net Marketing, a Tokyo-listed online advertising and media management business, for a take-private that values the company at approximately JPY 13.6bn (USD 102m).
Insilico Medicine, a China-based artificial intelligence-driven drug discovery company, has closed the second tranche of its Series D round on USD 35m, with Prosperity7 Ventures taking the lead.
Singapore’s Merkle Science, a predictive crypto analytics platform, has raised USD 24m in Series A funding led by K3 Ventures, Darrow Holdings, and Beco Capital.