
Deal focus: Gaosi Education stresses its B2B credentials
As China's mainstream online tuition players battle for the hearts, minds and wallets of end users, Gaosi Education found a niche targeting the B2B market. It recently raised $140 million to accelerate expansion
China’s online education space is crowded. It is populated by more than 100 players and received $6.4 billion PE and VC investment between 2013 and June 2018, according to Deloitte. As such, some argue...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.