CITIC Capital has launched a special purpose acquisition vehicle (SPAC) – or blank check company – on the New York Stock Exchange to pursue deals under its One Belt One Road (OBOR) strategy.
CITIC Capital Acquisition Corp. is offering 20 million units for $10.00 apiece, with an overallotment option of three million units, according to a filing. Each unit entitles the owner to one class A ordinary...
Swiggy, an Indian grocery delivery platform, has received $113 million in a Series I round led by Prosus Ventures, formerly known as Naspers Ventures and Food.
Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Suzanne Tavill, a Sydney-based managing director with StepStone Group, has been elevated to partner. It was one of four partner-level promotions made by the firm globally.
Minnesota State Board of Investment (SBI) is looking to commit $150 million to KKR’s fourth pan-Asian fund. This represents a step up from the $100 million it put into the manager’s previous vehicle.