Indian early-stage technology investor Ankur Capital has reached an incremental close of INR3.3 billion ($45.5 million) against a target of INR3.5 billion.
Incoming LPs include John D. and Catherine T. MacArthur Foundation, Biotechnology Industry Research Assistance Council, and National Bank for Agriculture & Rural Development. A first close of INR2.4...
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.
Pine Labs, an India payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has acquired Fave, a Malaysian counterpart also backed by Sequoia India, for $45 million.