DSG Partners Asia, which targets early-stage consumer opportunities in India and Southeast Asia, has reached a first close of $30 million on its third fund.
The vehicle has an overall target of $50 million and a hard cap of $60 million, according to Deepak Shahdadpuri, DSG’s founder. He expects a final close to come in June. The firm also plans to raise...
Japanese venture capital firm Globis Capital Partners has raised JPY36 billion ($321 million) for its sixth fund. The overall target of JPY37.5 billion is expected to be reached by June.
A TPG Capital-led consortium will acquire a 30% stake in APM Monaco, a jewelry brand that was established in Europe nearly 40 years ago and now has its largest retail footprint in China.
RHL Ventures has launched a MYR100 million ($24.2 million) fund focused on small to medium-sized enterprises (SME) with a cornerstone investment from government-owned SME Corp Malaysia.
Chinese coffee shop chain Luckin Coffee has raised $150 million in an extended Series B round at a valuation of $2.9 billion. It was led by BlackRock, which committed $125 million to the deal.