East Ventures, a VC firm focused on Japan and Southeast Asia, has joined a $32 million initial coin offering (ICO) for Switzerland-based bitcoin wallet operator BRD.
According to AVCJ’s sister publication unquote”, East contributed $12 million to the pre-sale stage of the ICO, taking 37% of the issued tokens. The remaining $20 million was raised through a public...
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.