Kdan Mobile Software, a Taiwanese software-as-a-service company focused on corporate video and design services, has raised a $16 million Series B round featuring WI Harper Group.
Korea’s Dattoz Partners led the round, which also included participation from Taiwan’s Taiwania Capital and Japan’s Mitsubishi UFJ Capital. It follows a $5 million Series A in 2018 featuring Wi Harper,...
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.