Affirma Capital – formed through a spin-out of Standard Chartered’s private equity business – has led a pre-IPO round of undisclosed size for Chinese P2P lending services provider Dianrong.
The investment constitutes a re-up for Standard Chartered Private Equity, while also including new capital raised by Affirma upon its establishment earlier this year. Additional participants include existing...
Indonesia’s Kejora Ventures and Korea’s InterVest have jointly led a $30 million Series B investment in Malaysian drone technology supplier Aerodyne.
Tencent Holdings, JS Capital, Tiger Global Management, and Prime Venture Partners have provided a $56 million Series B round to India’s MyGate, a security app for gated communities.
Ansun BioPharma, a US-based drug developer led by a former executive at healthcare-focused VC firms Caduceus Asia Partners and OrbiMed, has raised $80 million in Series B funding from a predominantly Chinese investor base.
US-based mid-market buyout firm Cornell Capital has made its first investment in Asia with a commitment to Taiwan-headquartered cable manufacturer Lorom Holding.