The Carlyle Group has invested $200 million in Kakao Mobility, a transportation-focused spinout from Korea’s Kakao Corporation that offers taxi-hailing, designated driver, and other services.
The private equity firm is committing capital from its fifth pan-Asian fund, which closed at $6.55 billion in 2018. TPG Capital is already an investor in Kakao Mobility, having led a consortium that contributed...
Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
Moore Threads, a Chinese chip designer established as recently as last October by a team from Nvidia, has closed two funding rounds amounting to several billion renminbi.
FountainVest Partners has agreed to acquire a majority stake in China-based CJ Rokin Logistics from Korea’s CJ Logistics for KRW733.8 billion ($661.3 million).