Hong Kong-based Zhaoke Ophthalmology Pharmaceutical (ZKO), a subsidiary of Lee’s Pharmaceutical, has raised a $145 million Series B round led by Hillhouse Capital and TPG Asia.
Loyal Valley Capital, Aier Eye Hospital, and OrbiMed Group also joined the round. It reduces Lee’s Pharmaceutical’s stake from 48.5% to 34.1%. Hillhouse and TPG will each own 7.44%, while Loyal Valley...
Australia-founded beverages maker Lyre’s has raised $11.5 million in seed funding with a view to helping non-alcoholic spirits follow in the footsteps of alternative protein
Chinese online-to-offline (O2O) medicine retailer Dingdang Kuaiyao has raised RMB1 billion ($150 million) in an extended Series B round featuring Dragon Gate Investment Partners.
Sinovation Ventures is looking to raise $1 billion for a growth-stage private equity fund that will focus on introducing artificial intelligence technologies (AI) to traditional industries.
SAIF Partners India has closed its fourth fund at $400 million within a few weeks of launch and rebranded as Elevation Capital.