Indian brewer B9 Beverages raises $20m from Sofina, Sequoia
B9 Beverages, the owner of the Indian beer brand Bira 91, has raised INR1.5 billion ($20 million) in funding from Sequoia Capital India and Belgian investment firm Sofina.
Korean GP Neoplux and several family offices also took part in the funding round. The company says the capital commitment adds to an INR300 million ($10 million) investment by Sixth Sense Ventures last...
More on South Asia
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.