Geek+, a Chinese manufacturer of robots for use in logistics and warehousing, has received $60 million in Series B funding led by Warburg Pincus. Several existing investors, including Volcanics Ventures, also participated.
Founded in 2015, Geek+ develops automated systems for moving merchandise around warehouses, much like Kiva Systems, a US-based start-up bought by Amazon in 2012. Its robots use artificial intelligence...
Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.
Bain Capital Private Equity has made a A$810 million ($613 million) buyout offer for BWX, an Australian manufacturer of branded skin and hair care products.
Kedaara Capital and Partners Group have agreed to acquire Indian retailer Vishal Mega Mart for an undisclosed sum from TPG Capital.
Navis Capital Partners has invested an undisclosed amount in Saitex Holdings, a denim products manufacturer for the global jeans industry based in Vietnam.