Private equity has invested more than $100 million in India’s food service industry in the first half of 2011, the Franchise India and Federation of Indian Chamber of Commerce and Industry announced.
The Food Franchising Report 2011 found that pivate equity has a notable appetite for fast-food and mid-range restaurants, including venues that serve up burgers and pizzas, as well as specialty restaurants....
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.