Tencent Holdings has joined an extended Series D round for Gaosi Education, a technology supplier for K12 after-school tutoring institutions in China that has now rebranded as Aixuexi.
It comes seven months after an initial $140 million Series D investment led by Warburg Pincus. That commitment was described at the time as the largest-ever funding round in China’s “K12-to-B” space,...
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Ucommune, a Chinese co-working space operator that failed to get traction with an attempted New York IPO last year, has been acquired by a US-listed special purpose acquisition company (SPAC) at a valuation of $764.9 million.
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
EQT has submitted a revised offer to acquire New Zealand retirement village player Metlifecare at a lower valuation after facing a legal challenge over its attempt to terminate a previously agreed deal.