Singapore’s GIC Private has agreed to acquire an unspecified number of data centers in China through a partnership with specialist developer GDS Holdings.
The sovereign wealth fund has agreed to acquire 90% equity interests in built-to-suit data centers in lower-tier cities across China from GDS, which will develop the projects as 100% owner during the construction...
New Horizon Health, a China-based manufacturer of cancer testing kits for use at home, has raised $30 million in a Series E round of funding led by Rock Springs Capital.
Shanghai-based Yingke Private Equity has closed its latest renminbi-denominated fund with commitments of RMB2 billion ($286 million), primarily from insurers and other financial institutions.
Google will launch a INR750 billion ($10 billion) fund to make equity, operational, infrastructure and ecosystem investments that seek to increase the pace of digitization in India.
Asia private equity fundraising rebounded from a seven-year low in the first quarter of the year to reach $24 billion for April through June, but commitments were concentrated on a handful of managers.