Darby Private Equity, the private equity arm of Franklin Templeton Investments, has exited its holding in Chinese furniture manufacturer Shayne International Holdings for an undisclosed sum.
This is the eighth exit from Darby Asia Mezzanine Fund II, which launched in 2005 and completed investment in 2010, after deploying $217 million. The fund reached a final close of $254 million in October...
Generation Asia Acquisition, a special purpose acquisition company (SPAC) sponsored by Roy Kuan, formerly Asia managing partner at CVC Capital Partners, has raised USD 200m through a US offering.
India’s M2P Fintech, a software provider that connects banking infrastructure to consumer-facing technology platforms, has raised USD 56m in Series C funding led by Insight Partners.
BRV Capital Management has led a KRW 170bn (USD 140m) Series C round for Green Labs, a Korea-based agricultural technology start-up seeking to digitalise the food production value chain.
Shoplazza, a China-based software-as-a-service (SaaS) provider specialising in cross-border e-commerce, has raised USD 150m in the first tranche of Series C led by SoftBank Vision Fund II.