International Finance Corporation (IFC) and IFC Emerging Asia Fund have agreed to invest $40 million in Voyager Innovations, a financial technology unit of Filipino telecom giant PLDT.
It follows a $175 million investment in the company led by KKR and Tencent Holdings in October that was said to be KKR’s first Philippines private equity commitment and the largest-ever investment in...
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.