Mauritius private equity firm Paracor Capital Advisors plans to launch an INR9.87 billion ($200 million) fund, which will invest in real estate projects in the seven top cities in India.
According to Paracor managing director and CEO Anil Pathak, the capital will be raised by June and deployed in 90% residential projects. Paracor is currently tapping high-net-worth individuals for the...
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.