PE and VC investors in Asia are becoming more sophisticated in their approach to due diligence, with digital tools an increasingly important part of the skill set, the AVCJ Forum heard.
“We have databases that allow us to take transactional level data of potential target companies and literally match the purchasing managers’ surnames to see if they happen to correlate to the shareholders...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.