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...
Tuya, a Chinese software platform for internet-of-things (IoT) systems that mainly offers platform-as-a-service (PaaS) products is pursuing a US IPO.
Australian online human resources services start-up Employment Hero has raised A$45 million ($35 million) in Series D funding led by domestic recruitment business Seek.
Singapore-based Next Gen, which markets a vegetarian chicken brand called Tindle, has raised $10 million in what is being called the largest-ever seed round in the food tech space.
Pakistan-focused VC firm Indus Valley Capital has raised $17.5 million for its debut fund focused on early-stage start-ups. The initial target was $15 million.