Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest INR113.6 billion ($1.5 billion) in India’s Jio Platforms. This takes its overall funding to INR1.15 trillion, the largest single growth capital haul for an Asian technology company.
Jio Platforms is the holding company for various internet and telecom assets owned by India's Reliance Industries. Reliance Industries, the parent of Jio Platforms, has received backing from 10 external...
Meishubao, China’s leading online art education platform, has raised $40 million in an extended Series C round led by Tencent Holdings.
Kuaidian, a Chinese interactive content provider, has raised close to $100 million in Series C funding led by Sequoia Capital China. Existing investors GGV Capital and Morningside Venture Capital re-upped.
Warburg Pincus will sell an approximately 5.5% interest in Hong Kong-listed IVF services provider Jinxin Fertility for about HK$1.5 billion ($194 million) through a share placement.
CLSA, the international arm of China-based brokerage CITIC Securities, has launched a strategy to offer high net worth clients investment opportunities in late-stage private companies in Asia.