Ritesh Agarwal (pictured), the founder of Indian hotel booking platform Oyo, has launched a Singapore-headquartered venture capital firm called Aroa Ventures.
The entity is owned by RA Hospitality Holdings, a holding company that also has a stake in Oyo. The firm plans to make early-stage investments of $500,000 to $5 million in start-ups targeting the consumer,...
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.