Zhongxin Jingyuan Semiconductor - a China-based silicon wafer manufacturer also known as CCMC - has raised RMB3.3 billion ($511 million) in a Series B funding round led by Capital Operation, an investment arm of the Zhejiang provincial government, and Shanghai-based Sunic Capital.
Several other state-backed investors were involved. They include SDIC Chuangyi, China SME Development Fund, Shanghai Guosheng Group, Hangzhou Qiantang Industrial Investment Fund, China Cinda Asset Management,...
True North has agreed to sell India-based RDC Concrete, a company it has owned since 2005, to private equity-backed online construction marketplace Infra.market.
Freshworks, one of India's leading software-as-a-service (SaaS) businesses, traded strongly on its NASDAQ debut following a $1 billion IPO.
China-focused private equity firm FountainVest Partners has agreed to buy Ziwi, New Zealand’s leading exporter of pet food.