Indian educational technology startup Toppr has raised $50 million (INR3.5 billion) in a Series D funding round led by United Arab Emirates-based investment firm Foundation Holdings.
Existing investors also participated in the round. Previously, the start-up received a $60 million Series C led by Kaizen Private Equity in 2018. Other investors in the company include Eight Roads Ventures,...
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.