Evermos, an Indonesian social e-commerce company focused on halal and sharia-compliant products, has raised an $8.2 million Series A round from a group of VCs.
Jungle Ventures, Shunwei Capital, and Alpha JWC Ventures joined the oversubscribed round. It comes nine months after launch of the platform, during which time the company has built up a network of 20,000...
Singapore’s Temasek Holdings and Sweden’s EQT will commit $500 million to the launch and development of O2 Power, a renewable energy platform in India.
Indian self-driving rental platform Zoomcar has raised $30 million in Series D funding with a contribution from a Sony-branded fund managed by Innovation Growth Ventures.
Warburg Pincus generated distributions of $2 billion from its China investments last year, a record annual total for its local operation.
Several public sector organizations have committed $500 million to six funds managed by Bamboo Capital Partners under a new investment platform dedicated to achieving the UN sustainable development goals (SDGs).