IFC has proposed to invest up to $30 million in the latest fund from Vietnam-based private equity firm Mekong Capital.
Mekong’s fifth vehicle targeting the local middle market was launched earlier this year with a hard cap of $250 million. AVCJ understands that Mitsui Group, a longstanding LP, is set to re-up alongside...
Australia’s Blackbird Ventures has raised A$500 million ($357 million) for its fourth fund and named Atlassian co-founder Mike Cannon-Brookes as chairman.
Yaoyanshe, a Chinese contract research organization (CRO) for novel drugs, has raised RMB600 million ($86 million) across two rounds in the past eight months.
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform for an undisclosed sum. Both companies have several VC backers.
Japan’s MUFG Bank has set up a Singapore-based venture debt business alongside Israeli financial technology start-up Liquidity Capital. Its debut fund has been set up with an initial $80 million.