Inshorts, an Indian news aggregation app, has raised $35 million in funding led by Addition, an investment firm launched by Lee Fixel, who was previously involved in Tiger Global Management’s India deals.
SIG Global and Tanglin Venture Partners also took part in the round, The Economic Times reported, citing Azhar Iqubal, co-founder and CEO of Inshorts. Tanglin was established by Ravi Venkatesh and Edwina...
StoneWise, a Chinese biotech start-up that uses artificial intelligence (AI) technology to develop new drugs, has raised $100 million in Series B funding across two tranches.
The imminent US listing of a Middle East and North Africa (MENA) media app via a special purpose acquisition company (SPAC) is helping legitimize the region for Asian private equity.
Justin Ryan, a managing partner at Quadrant Private Equity and latterly head of the Australian firm’s growth strategy, is stepping back from day-to-day investment activity.
KKR has contributed JPY4 billion ($37 million) to a JPY6.6 billion funding round for Netstars, a Japanese QR code payment gateway operator. SIG and Lun Partners, a Hong Kong-based global financial technology investor, also took part.