Study Group, an Australia-headquartered group that prepares international students for university degree programs, will have its third consecutive private equity owner after Ardian agreed to buy the business from Providence Equity Partners.
The size of the transaction has not been disclosed. Providence acquired the company in 2010 from CHAMP Private Equity and Petersen Investments, paying A$660 million (then $570 million). Before that, Study...
Info Edge India, the holding company for Indian jobs portal Naukri, is looking to raise INR7.5 billion ($100 million) for a debut venture capital fund.
Laundrygo, a Korea-based on-demand laundry service, has raised KRW17 billion ($13.9 million) in Series B funding from Korea Investment Partners, Aju IB Investment, KT Investment, Samsung Venture Investment, and DS Asset Management.
DoubleDown Interactive, a STIC Investments-backed Korean online game publisher best known for its flagship casino offering, has filed to list in the US.
Facebook and PayPal have joined an ongoing Series F round for private equity-backed Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek (formerly Go-Jek).