Hillhouse Capital has acquired Scotland-based whisky producer Loch Lomond Group with a view to helping the company expand its presence in Asia.
The size of the transaction was not disclosed, but it reportedly gives Loch Lomond Group an equity valuation of up to $400 million. The seller is UK-focused Exponent Private Equity, which bought the business...
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).