Tiger Global Management has led a $70 million Series B-plus funding round for Chinese start-up Danke Apartment, operator of an online platform that connects landlords with long-term rental tenants.
Existing backers Gaorong Capital, Bertelsmann Asia Investments (BAI), Joy Capital, Vision Plus Capital, CMC Capital Partners, and Regent Capital all re-upped. These six investors participated in Danke’s...
BGH Capital has invested an undisclosed sum in TripADeal, an online travel agent that caters to the Australia and New Zealand markets.
Singapore’s Openspace Ventures has hired Jessica Huang Pouleur (pictured), formerly of Providence Equity Partners and latterly head of Asia M&A for The Walt Disney Company, as an executive director.
The Blackstone Group has made a partial exit from Indian packaging manufacturer Essel Propack (EPL) – which provides the tubes to 40% of the world’s toothpaste – generating proceeds of INR18.6 billion ($253.4 million).
Increased climate change awareness on a corporate level is leading to more investment – either direct or through funds – in start-ups that offer mitigation solutions. Asia is a key geography