Investment and exit opportunities in India’s private equity market continue to improve, thanks in part to growing confidence among GPs in their ability to partner with portfolio companies through crucial stages of development.
“We get that alignment with entrepreneurs on day one, saying if you want to go public in two years, you need to start work on that a year from now – are we aligned on that philosophy or not?” Sanjay...
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).