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).
The private equity firm offloaded 30 million shares for INR938.83 apiece, according to stock exchange data. The stock has performed strongly since March, gaining more than 70%. This far outstripped the...
Ucommune, China’s largest co-working space player which is considered the local equivalent to troubled US operator WeWork, has filed for a US IPO.
Chinese drone manufacturer EHang traded flat on its NASDAQ debut following a $40 million IPO that priced at the bottom end of the indicative range.
Tiger Global Management has led a $26 million Series B round for Indian B2B financing platform provider KredX.
New Zealand’s Impact Enterprise Fund (IEF) has confirmed an investment in local sustainable packaging supplier Grounded.