Indian conglomerate Reliance Industries has agreed to invest up to $180 million for a 73% stake in Embibe, a domestic educational technology start-up backed by Kalaari Capital and Lightbox Ventures.
Terms of the transaction are expected to be finalized in within two months and the capital will be deployed across the next three years. Kalaari and Lightbox committed $4 million to the company in 2014....
The Carlyle Group has agreed to invest RMB726 million ($108 million) for a 10% stake in Chinese home textiles maker Luolai Lifestyle Technology.
Warburg Pincus has agreed to acquire an 80% stake in Avanse Financial Services, an India-based non-banking finance company (NBFC) focused on education.
M12, the VC arm of Microsoft, has led an approximately $21 million Series B round for GO1, an Australian workforce services technology start-up focused on corporate training.
DNX Ventures, formerly known as Draper Nexus Ventures, has launched its third Japan-US cross-border VC fund with a target of $300 million.