Allianz Investment Management, a unit of insurance giant Allianz Group, has invested over $200 million in a private debt platform managed by Edelweiss Alternative Asset Advisors, the alternative investment arm of India’s Edelweiss Group.
According to a release, the deal marks the first investment by Allianz in India’s private debt space. It is the second partnership between Edelweiss and a global institutional investor following the...
Black Sesame Technologies, a China-based chipmaker specializing in autonomous driving applications, has raised several hundred million dollars through two funding rounds at a valuation of $2 billion.
Nreal, a Chinese manufacturer of advanced artificial reality (AR) glasses that resemble normal sunglasses, has raised a Series C of $100 million led by Nio Capital, Yunfeng Capital, and Hongtai Capital.
Pacific Century Group’s insurance technology business, Bolttech, has extended a recent $180 million Series A round to $210 million in total.
Australian private equity firm Liverpool Partners has acquired a majority stake in Seven Miles Coffee Roasters, a branded coffee supplier to the local cafe segment.