Indian asset and wealth management firm ASK Investment Managers, which operates private equity fund ASK Pravi as a joint venture with Pravi Capital, has filed for a domestic IPO.
According to a draft prospectus, ASK Investment aims to raise up to INR6 billion ($87.2 million) through the sale of new shares, while existing backers sell about 18 million shares at a price still to...
The Asian Development Bank (ADB) has agreed to invest $25 million in Exacta Asia Investment II (Exacta II), a Southeast Asia-focused vehicle launched last year by Japan’s Mizuho Bank.
Bcause, a US-based cryptocurrency services company backed by SBI Holdings has received a commitment of undisclosed size from China Health Checkmate (CHC) to support an Asian expansion.
Wukongbao, a Beijing-based online insurance broker, has raised millions of US dollars in a Series B round led by Chinese classifieds platform 58.com, with participation from Guohua Life Insurance.
China Everbright has completed the first close of RMB800 million ($115.4 million) on its third healthcare fund. The overall target for the vehicle is around RMB1.5 billion.