Ant Financial has invested $150 million in Indian restaurant discovery and food delivery platform Zomato, pushing the company's valuation to $3 billion.
Ant Financial, the financial services affiliate of China’s Alibaba Group, invested $210 million in Zomato in 2018. At the time, the business was reportedly worth $2 billion. The Chinese group has now...
A91 Partners’ spinout from Sequoia Capital showcases the deepening networks of the Indian VC space and hints that more ecosystem growth is yet to come
Northstar Group, a Southeast Asia-focused private equity firm that counts Indonesia as its core market, is looking to raise $800 million for its fifth fund, according to sources familiar with the situation.
Jean Eric Salata, CEO of Baring Private Equity Asia, argues that a $6.5 billion fund is not too large for Asia – he wishes he’d raised more – and explains why size increasingly represents a competitive advantage
Indian scooter rental platform Bounce has raised $105 million in a Series D round led by Accel Partners and B Capital Group.