Omidyar Network has led an $11 million Series B funding round for Indian educational technology start-up Vedantu.
Accel Partners also participated. It follows a $5 million Series A from Accel and Tiger Global Management in 2015. The fresh capital will be applied to technological upgrades and an expansion in India’s...
Singapore’s Temasek Holdings and Sweden’s EQT will commit $500 million to the launch and development of O2 Power, a renewable energy platform in India.
Indian self-driving rental platform Zoomcar has raised $30 million in Series D funding with a contribution from a Sony-branded fund managed by Innovation Growth Ventures.
Warburg Pincus generated distributions of $2 billion from its China investments last year, a record annual total for its local operation.
Several public sector organizations have committed $500 million to six funds managed by Bamboo Capital Partners under a new investment platform dedicated to achieving the UN sustainable development goals (SDGs).