IDFC Private Equity and SBI Capital Markets are rumored to be considering investing INR1.2 billion ($154 million) in an INR95 billion theme park development based in India.
The theme park, located at Surat in Gujarat, is being developed using funds from Atlanta Tourism Ventures, a special purpose vehicle created by infrastructure and real estate company Atlanta. Atlanta...
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.