Australian private equity firm Allegro Funds has confirmed its investment in local mining, construction and agricultural support services provider Questas Group.
Allegro is investing via its third fund, which closed at A$390 million ($268 million) in late 2017, including a A$100 million sidecar. The fund typically invests in a range of A$10-50 million, with the...
Exits remain challenging in Southeast Asian private equity, but LPs see a growing willingness among the region’s GPs to take this difficulty into account when planning their investments.
Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
EBay has acquired a 5.5% stake in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
Switzerland-based private equity firm Vaalon Capital and Netherlands investor IFSD BV have provided a combined $15 million to Indian financial and enterprise services provider MyMoneyMantra (MMM).