Warburg Pincus has led a RMB1.5 billion ($227 million) round of funding for Sunsea Parking Industry Group, a Chinese car park management company. Furniture retailer Red Star Macalline - a Warburg Pincus portfolio company - also participated.
Sunsea already manages some of Red Star's parking bays and is said to have delivered a significant revenue increase during the operation period. As part of the deal, Hong Kong-listed Red Star has granted...
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.
Northleaf Capital Partners, a Canada-based asset manager that invests in private equity, private credit, and infrastructure, has opened a Tokyo office to spearhead fundraising activity in Asia and is considering the addition of a Korea presence.