OnPoint, a Vietnam-based start-up that provides corporate clients with e-commerce support services, has raised an $8 million Series A round backed by Korea’s Kiwoom Investment.
Daiwa-SSIAM Vietnam Growth Fund II, a $39.4 million joint venture between Japan’s Daiwa and locally-based SSI Asset Management, also participated. OnPoint was founded in late 2017 by two former...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.