Australian VC firm Square Peg Capital has led a $16 million Series C round for StashAway, a Singapore-based digital financial services provider focused on retail wealth management.
Burda Principal Investments and Eight Roads Ventures also contributed. Eight Roads led a $12 million Series B last year alongside Asia Capital & Advisors. Earlier investors include Singapore’s Rozario...
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.