PAG Asia Capital-backed China Youran Dairy Group raised HK$4.99 billion ($643 million) through a Hong Kong IPO but then ended its trading debut below the IPO price.
The company sold 715.4 million shares for HK$6.98 apiece, representing the bottom end of the indicative range, according to a filing. Cornerstone investors contributed $50 million to the offering. The...
Bond, a US-based technology investment firm established by Silicon Valley stalwart Mary Meeker, has led a AUD 60m (USD 43m) Series C round for Australian telehealth platform Eucalyptus.
KKR has invested USD 45m in GrowSari, a Philippines-based company that helps micro, small, and medium-sized enterprises (MSMEs) take their retail operations online.
WestBridge Capital has led an approximately USD 29m Series B round for Indian small business financial technology provider Vyapar. The company is now valued at around USD 118m.
EQT has sold Elevate, a Hong Kong-based environment, social, and governance (ESG) and supply chain services provider it has backed since 2016, to LRQA, a larger peer in the assurance space.