Asian private equity investor LionRock Capital has agreed to buy a minority stake in Italian football club Internazionale Milano (Inter Milan), which has been controlled by Chinese electronics retailer Suning since 2016.
LionRock is taking a 31.05% interest held by Erick Thohir, an Indonesian media tycoon who led an acquisition of the club in 2013. The deal is reportedly worth EUR150 million ($171 million). Suning paid...
Htrip, a China-based hotel digital services platform, has raised RMB100 million ($14 million) in an extended Series A funding round, led by Shenzhen Venture Capital.
Fortune Capital and GF Xinde Investment have led an RMB100 million ($14 million) Series B round for VPhoto, a Chinese cloud-based photo service provider. Tzitzit Asset also participated.
Lucence, a cancer screening start-up that spun out from Singapore’s Agency for Science, Technology and Research in 2016, has raised $20 million in Series A funding.
The Carlyle Group has made a partial exit from India-listed life insurance company SBI Life, selling one-third of its stake for approximately INR28.2 billion ($392 million).