SoftBank Group has increased its commitment to Vision Fund 2 from $10 billion to $30 billion after a revival in the fortunes of Vision Fund 1 meant the company returned to profit over the past 12 months.
Fund 1 closed at $98.6 billion in 2018, with SoftBank contributing one-third of the corpus. Twelve months ago, performance had failed to meet expectations. As of March 2020, $81.3 billion had been deployed,...
Singapore-based Aura Private Equity has acquired a majority stake in Australian Vaccine Services (AVS), a leading provider of corporate flu vaccinations.
Spinny has followed fellow Indian automotive marketplace Droom into unicorn territory, closing a $283 million Series F round at a valuation of $1.8 billion.
Indian agriculture industry platform provider AgroStar has raised a $70 million Series D round led by Evolvence Capital, Schroders Capital, Hero Enterprise, and CDC Group.