Gobi Partners has closed a USD 10m Malaysia-focused seed fund with contributions from Allianz Malaysia, Malaysia Venture Capital Management (Mavcap) and Sunway Group.
This is Gobi’s second seed fund for the market; its first closed on MYR 60m (USD 13.1m) in 2016. That fund also received support from Mavcap, a wing of the Ministry of Science active in direct and LP...
Sequoia Capital India and ChrysCapital Partners are set to exit Indian skincare brand Curatio, with Torrent Pharma agreeing to acquire 100% of the company for INR 20bn (USD 245m).
India’s Molbio Diagnostics, a medical equipment maker best known for its COVID-19 testing systems, has raised a USD 85m round featuring Temasek Holdings at an enterprise valuation of USD 1.6bn.
Lihao Semiconductor, a China-based supplier of silicon materials used in solar panels, has raised CNY 2.2bn (USD 305m) in Series B funding from an investor group featuring Oceanpine Capital, V Fund, and Harvest Capital.
Ontario Teachers’ Pension Plan (OTPP) has opened an office in Mumbai, adding India to an Asian footprint that currently includes bases in Hong Kong and Singapore.