Singapore-based asset manager Swiss-Asia Financial Services is said to be raising €500 million ($671.7 million) for a Chinese power plant-focused private equity fund.
The vehicle, the China District Energy Fund, will invest specifically in combined heat and power plants in China, according to Reuters. It has reportedly also raised $115 million, which will be allocated...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.