Sequoia Capital China has led a RMB300 million ($48 million) Series C round of funding for PatPat, a China-based e-commerce platform operator that exports maternal and infant products overseas.
Existing investors IDG Capital, FreesFund, and SIG Asia also participated in the round. PatPat was established in 2014 as a business-to-customer (B2C) e-commerce platform, targeting middle-class families...
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Ucommune, a Chinese co-working space operator that failed to get traction with an attempted New York IPO last year, has been acquired by a US-listed special purpose acquisition company (SPAC) at a valuation of $764.9 million.
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
EQT has submitted a revised offer to acquire New Zealand retirement village player Metlifecare at a lower valuation after facing a legal challenge over its attempt to terminate a previously agreed deal.