Norwest Venture Partners has invested USD 32m in India’s Celebal Technologies, a software consulting and delivery company active in artificial intelligence, big data, and cloud.
It marks Celebal’s first institutional investment since its inception in 2015. The company now employs more than 1,600 software engineers serving some 100 clients globally via partnerships with Microsoft...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work