Shimao Services, the property management arm of Hong Kong-listed Shimao Property, has raised $244 million from Tencent Holdings and Sequoia Capital China.
Tencent and Sequoia contributed $114 million and $130 million, respectively. Shimao Property announced last month that it was considering spinning out Shimao Services through a Hong Kong listing. As such,...
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform for an undisclosed sum. Both companies have several VC backers.
Japan’s MUFG Bank has set up a Singapore-based venture debt business alongside Israeli financial technology start-up Liquidity Capital. Its debut fund has been set up with an initial $80 million.
The economic fallout from COVID-19 will not spare any sector, but careful planning can ensure private equity firms can take advantage of India’s ambitious energy transition goals
China’s aggressive renewable energy development targets are creating opportunities for investors in various points along the supply chain, but inconsistent regulation remains a concern