SoftBank Vision Fund 2 has led $160 million Series E funding round for OfBsuiness, an India-based B2B platform focused on industrial supply chain and procurement services, at a valuation of $1.5 billion.
The investment has made OfBusiness one of India’s 54 technology unicorns, with 18 achieving this status in 2021 alone. It confirms a broader surge in funding for the sector, with approximately $20 billion...
Hitachi has agreed to sell its Japan-based radiation measurement devices and industrial x-ray CT devices businesses to local private equity firm Nippon Mirae Capital.
MBK Partners has agreed to buy five ocean theme parks in China – four operational and one under construction – from Hong Kong-listed Haichang Ocean Park Holdings for RMB6.53 billion ($1.01 billion).
Trustar Capital, formerly known as CITIC Capital Partners, has invested an undisclosed sum in Intramco, a Europe-based manufacturer of components used in electric vehicle (EV) charging.
Vitalbridge Capital, a China-based venture capital firm that spun out from Trustbridge Partners, has raised $275 million for its second US dollar-denominated fund.