Indonesia’s East Ventures has closed two funds with a combined USD 550m in commitments for its early-stage and growth strategies.
The growth vehicle, which closed on USD 400m, is the firm's second under this strategy. The early-stage fund of USD 150m is described as the ninth to date. East said the re-up rate from existing LPs was...
Bertelsmann India Investments has earmarked USD 500m, provided by its eponymous German parent, for investment in local start-ups. The VC unit’s total deployment since its launch in 2013 is USD 285m.
UK-headquartered incubator Entrepreneur First (EF) has raised USD 158m, targeted in part at investment in Southeast Asian start-ups and expanding its reach in the region.
CDH Investments has agreed to sell New Zealand-based supplements manufacturer The Better Health Company (TBHC) to Nestlé Health Science for an undisclosed sum.
India and Southeast Asia-focused Panthera Growth Partners has reached a first close on its second fund with commitments amounting to more than half the overall target of USD 250m.