India’s Seaways Shipping & Logistics has bought back the entire 24% holding of private equity backer IDFC Alternatives following a decision to defer a previously planned domestic IPO.
Financial details of the transaction have not been disclosed. However, IDFC’s stake was said to be worth around INR800 million ($12.5 million) at the time of the IPO filing last year. The decision to...
India’s Innoven Capital, a joint venture between UOB and Temasek Holdings-owned Seviora Holdings, has fractionalised a USD 50m venture debt fund using blockchain and smart contracts.
OneVentures and UniQuest have led a AUD 34m (USD 23m) funding round for Vaxxas, an Australia-based biotechnology company running clinical programmes that include a needle-free COVID-19 vaccine candidate.
Temasek Holdings, A91 Partners, and Kae Capital have invested USD 135m in Indian omnichannel wellness products retailer HealthKart.