Facebook and PayPal have joined an ongoing Series F round for private equity-backed Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek (formerly Go-Jek).
The round was launched early last year with existing investors such as Google, JD.com and Tencent Holdings committing around $1 billion. At the time, Gojek was said to be seeking $2 billion in total at...
Manila-based private equity firm Navegar has closed its second Philippines fund with $197 million in commitments. The initial target was $150 million.
Singapore-headquartered investment firm Blue Ashva Capital has secured a first close of INR4.5 billion ($60 million) for an India-domiciled fund that will invest in small and medium-sized enterprises (SMEs) and start-ups.
Investcorp has led a $56 million Series C round for Indian managed co-living accommodation platform operator Zolo.
Energy giant BP has agreed to invest $70 million in Green Growth Equity Fund (GGEF), a PE vehicle co-managed by Everstone Group that invests in sustainable infrastructure projects in India.