Primavera Capital Group has led a $50 million Series C round for Love Bonito, which claims to be Southeast Asia’s largest omnichannel womenswear brand.
Contributions also came from Adastria, a Japanese fashion brand, and Ondine Capital, a Greater China and Southeast Asia-focused VC firm established by professionals from CICC Capital, JD.com, and MediaTek....
A rebound in China-based activity took Asia private equity investment to a record USD 105.3bn in the fourth quarter, ensuring that 2021 represents a new high watermark for the industry.
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a USD 200m Series D round across two tranches featuring CICC Capital.
Quona Capital, Lightrock India, and Asia Impact SA have co-led a USD 60m Series C round for Indian agriculture technology platform Arya.