Morgan Stanley Private Equity Asia (MSPEA) has led a INR1.54 billion ($22.1 million) investment in Indian non-banking finance company (NBFC) Kogta Financial.
Kogta operates 80 branches across six states in central and west India, offering financing for commercial vehicles, tractors, and cars, along with lending to micro, small, and medium-sized enterprises...
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.
ADV Partners has agreed to acquire heavy vehicles producer Dutch Lanka Trailer Manufacturers (DLT), a Sri Lanka-based subsidiary of Indian conglomerate Tata Group, for INR3.05 billion ($43.7 million).