The Asian Development Bank (ADB) will invest $245 million to improve Pakistan’s power distribution systems. The capital, structured as a loan, is the third tranche of the bank's Power Distribution Enhancement Investment Program.
The multi-tranche financing facility will see $810 million committed in total. The first tranche of $252 million and second tranche of $242 million were released in 2009 and 2011, respectively. The funding...
JD Health, the healthcare unit of Chinese e-commerce giant JD.com, has filed for Hong Kong IPO. The company’s backers include Hillhouse Capital, CPE, CICC Capital, and Baring Private Equity Asia.
General Atlantic has become the third global GP to double down on Reliance Industries’ plans to reinvent digital consumer services in India, following its earlier commitment to Jio Platforms with an investment in the conglomerate’s retail unit.
Green Monday, the Hong Kong plant-based food distributor behind the Green Common retail chain and OmniPork alternative meats, has raised its first institutional round of funding.
AVCJ's daily bulletin will not be published on October 1 or 2 due to consecutive public holidays in Hong Kong.