Indian eyewear retailer Lenskart has raised a $220 million round led by Temasek Holdings and Falcon Edge Capital at a valuation of $2.5 million.
Bay Capital and Chiratae Ventures also participated. It extends a $95 million round provided by KKR in May, which facilitated partial exits for TPG Growth and TR Capital. Total funding to date comes to...
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.