SoftBank Vision Fund has committed $150 million to Indian online baby and child-focused retailer FirstCry as the first tranche in a planned $400 million Series E round.
According to filings with the Registrar of Companies cited by Indian media sources, Vision Fund has agreed to buy 73 million shares in Firstcry’s parent company Brainbees for INR381 each over the next...
Bertelsmann India Investments has earmarked USD 500m, provided by its eponymous German parent, for investment in local start-ups. The VC unit’s total deployment since its launch in 2013 is USD 285m.
UK-headquartered incubator Entrepreneur First (EF) has raised USD 158m, targeted in part at investment in Southeast Asian start-ups and expanding its reach in the region.
CDH Investments has agreed to sell New Zealand-based supplements manufacturer The Better Health Company (TBHC) to Nestlé Health Science for an undisclosed sum.
India and Southeast Asia-focused Panthera Growth Partners has reached a first close on its second fund with commitments amounting to more than half the overall target of USD 250m.