TVS Capital Funds, a PE firm sponsored by the TVS Group and Shriram Group, has reached a second close of INR11 billion ($160 million) on its third India growth vehicle.
With the second close, TVS Shriram Growth Fund 3 has now passed its INR10 billion target. The fund has an additional greenshoe option of INR5 billion, of which TVS Capital chairman Gopal Srinivasan said...
CDH Investments has closed its fifth China mezzanine fund at RMB8 billion ($1.1 billion). It is the largest vehicle of its kind ever raised solely for deployment in the country.
Khailee Ng’s transition from start-up founder to VC investor has made him happier and healthier. He plans to continue pushing 500 Startups into uncharted territory within Southeast Asia
Neat, a Hong Kong-based financial services start-up targeting digital entrepreneurs, has raised an $11 million Series A round with support from Visa.
Zupee, a live quiz-based gaming app in India, has raised $8 million in a Series A round led by Matrix Partners India.