Qualcomm Ventures has agreed to invest INR7.3 billion ($97 million) in India’s Jio Platforms, the holding company for various internet and telecom assets owned by Reliance Industries.
Reliance Industries announced the transaction in a statement. External capital committed to the seven-month-old company is expected to total INR1.1 trillion ($15.6 billion) with the 12 investors set to...
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.