Motilal Oswal Private Equity (MOPE) has invested INR900 million ($13.8 million) in Indian mattress maker Kurlon Enterprise.
Kurlon will use the capital to grow its manufacturing capacity and deepen its distribution network, along with enhancing brand recognition, according to a statement. The company hopes to become the biggest...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.