National Australia Bank (NAB), has committed an additional A$50 million ($36 million) to its venture capital unit for investments in financial technology companies through 2020.
NAB Ventures was established in 2015 with A$50 million and has since completed 12 investments, mostly in locally based start-ups that focus on consumer-facing fintech issues. The extended fund will continue...
Tencent Holdings and Meituan-Dianping have led a $200 million Series D funding round for business-to-business (B2B) online liquor trading platform Yijiupi.
Samara Capital has agreed to buy Aditya Birla Retail (ABRL), the retail arm of India’s Aditya Birla Group, for an undisclosed amount.
AGIC Capital, a private equity firm focused on cross-border investments, has exited its stake in Italian robotics supplier Gimatic to US-based industrial products manufacturer Barnes Group for EUR370 million ($436 million) in cash.
Shunwei Capital has led an RMB160 million ($23 million) Series B round of funding for Rokae, a Chinese industrial robotics developer, with participation from GSR Capital, THG Ventures and Plum Ventures.