PAG has acquired Australia-based Patties Foods and Vesco Foods, facilitating exits for Pacific Equity Partners (PEP) and Catalyst Investment Managers, respectively.
The size of the transaction was not disclosed, but the Australian Financial Review put the value of the combined businesses at AUD 550m (USD 372m), adding that it represents PAG’s largest investment...
India’s Innoven Capital, a joint venture between UOB and Temasek Holdings-owned Seviora Holdings, has fractionalised a USD 50m venture debt fund using blockchain and smart contracts.
OneVentures and UniQuest have led a AUD 34m (USD 23m) funding round for Vaxxas, an Australia-based biotechnology company running clinical programmes that include a needle-free COVID-19 vaccine candidate.
Temasek Holdings, A91 Partners, and Kae Capital have invested USD 135m in Indian omnichannel wellness products retailer HealthKart.