Chinese start-up accelerator Comb+ and the Beijing Institute of Collaborate Innovation have jointly launched a fund targeting EUR65 million ($77 million) that will invest artificial intelligence (AI) companies expanding into China.
The fund is expected to focus on Northern European entrepreneurs. It will function as part of the Comb+ Sino Track program, which has supported 19 Nordic start-ups since being launched last year. “We...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.