ICICI Venture is being sued by a group of 69 non-resident Indian investors who are seeking $103 million in damages from over alleged losses from a property fund run by the GP.
According to Reuters, the investors claim that their losses were sustained from investments in the Dynamic India Fund III. The group say that, as of March this year, only one of the 13 Indian real estate...
US-based Liberty City Ventures has led a USD 359m round for Hong Kong blockchain media company Animoca Brands at a pre-money valuation of USD 5bn, more than double its valuation in October.
Harmay, a China-based omnichannel beauty products retailer, has raised USD 200m across Series C and D rounds.
Novotech, an Asia-based clinical trials specialist controlled by TPG Capital, has secured USD 760m in new equity and debt financing at a post-deal valuation of approximately USD 3bn.
Quadrant Private Equity has sold Journey Beyond, an Australia-based experiential tourism business, to US-based Hornblower Group, which is best known for offering cruise and sightseeing packages.