Coral Capital, formerly known as 500 Startups Japan, has set up a JPY2.7 billion ($25 million) growth fund to help top-performing portfolio companies navigate the COVID-19 downturn.
Coral Growth is backed by the VC firm’s existing institutional investors. Coral raised JPY6 billion last year for a seed fund from the likes of Mitsubishi Estate, J-Power, Mizhuo Bank, and Shinsei Bank....
JD Health, the healthcare unit of Chinese e-commerce giant JD.com, has filed for Hong Kong IPO. The company’s backers include Hillhouse Capital, CPE, CICC Capital, and Baring Private Equity Asia.
General Atlantic has become the third global GP to double down on Reliance Industries’ plans to reinvent digital consumer services in India, following its earlier commitment to Jio Platforms with an investment in the conglomerate’s retail unit.
Green Monday, the Hong Kong plant-based food distributor behind the Green Common retail chain and OmniPork alternative meats, has raised its first institutional round of funding.
AVCJ's daily bulletin will not be published on October 1 or 2 due to consecutive public holidays in Hong Kong.