SoftBank Vision Fund 2 has led a $150 million Series C round for Netradyne, a US and India-based software provider for vehicle fleet operators.
US-based Point72 Ventures and M12, the corporate venture capital arm of Microsoft, also participated. M12, which formalized its India presence last year, provides its portfolio companies with preferential...
China has imposed severe restrictions on private tutoring that appear to undermine the commercial viability of companies in the space, potentially making private equity investment unviable.
Best & Less Group (BLG), an Australian baby, kids and womenswear retailer, has raised A$60 million ($44 million) through a domestic IPO, facilitating a partial exit for majority owner Allegro Funds Group.
TransThera, a China-based drug developer, has raised $100 million in Series D funding led by CPE and China Structural Reform Fund.
B Capital Group has hired Sheila Patel, formerly the Singapore-based chairman of Goldman Sachs Asset Management, as a vice president amid a concerted Asian expansion drive.