VIG Partners has agreed to buy a 55% stake in Bonchon International, a Korean fried chicken restaurant brand with 325 outlets across eight countries. The size of the transaction was not disclosed.
The private equity firm will become the master franchisor for a business that has grown in tandem with international interest in Korean cuisine. Bonchon’s first restaurant opened in Busan in 2002 but...
Cool Japan has taken a new angle on its cultural investment thesis with Spiber, a biotechnology developer bringing next-generation materials to the apparel industry
Creador has raised $50 million for its fourth Southeast Asia and India-focused private equity fund from the Asian Development Bank (ADB).
Everstone Group has established a partnership with Singapore-based warehouse operator GLP to invest $500 million in India’s logistics ecosystem.
Accel Partners and Qualcomm Ventures have joined an INR2.5 billion ($35 million) funding round for Indian agriculture industry platform operator Ninjacart.