Fidelity commits $10m to Greenlight Planet
Fidelity Growth Partners India has led a $10 million round of funding for Greenlight Planet, a US-based manufacturer of solar-powered lanterns for use in off-grid homes in developing countries.
The company, which received $4 million from Bamboo Finance and ZS Associates co-founder P.K. Sinha in 2012, has seen rapid growth in India and Sub-Saharan Africa. It has sold more than three million rooftop...
More on Expansion
Latest News
AVCJ daily bulletin returns May 20
AVCJ’s daily bulletin will not be published on May 19 due to a public holiday in Hong Kong.
Indonesia's Gojek, Tokopedia merge as GoTo
Gojek and Tokopedia, two of Indonesia’s best-funded technology start-ups, have completed a merger, forming what they claim is the largest mobile on-demand services and payments platform in Southeast Asia.
China distress specialist DCL targets $466m fundraise
DCL Investments, one of China’s first private equity firms to focus on distressed assets, is looking to raise RMB3 billion ($466 million) for its latest renminbi-denominated fund.
Japan microsatellite developer gets $24m Series C
Japanese microsatellite developer Axelspace has raised JPY2.6 billion ($24 million) in Series C funding from a group of domestic VCs, including Sparx Group.