Sequoia Capital is looking to raise between $1.28 billion and $1.35 billion for its latest set of funds – comprising separate venture and growth vehicles – for deployment in India and Southeast Asia.
The target ranges for venture and growth vehicles are $500-525 million and $775-825 million, respectively, according to a source familiar with the situation. A formal launch is expected ahead of the firm’s...
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
Bessemer Venture Partners has led an INR1.5 billion ($20 million) Series B round for teleconsultation health platform DocsApp.
Everest Medicines, a China-based biopharmaceutical company, has raised $310 million in Series C funding across two tranches.
Bespin Global, a Seoul and Beijing-based cloud management services provider, has raised RMB530 million ($74.6 million) in a Series C round from SK Telecom and existing investor DY Holdings.