Deal focus: Japan GPs see upside in specialized staffing
CLSA Capital Partners’ sale of Japanese staffing services player Qit to Advantage Partners reveals enduring private equity interest in potentially shaky categories made sturdy by specialization
When CLSA Capital Partners targeted Japanese human resources services provider Qit, its LPs weren’t particularly impressed. The industry’s image revolved around the kind of temp staffing and daily...
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Tuya, a Chinese software platform for internet-of-things (IoT) systems that mainly offers platform-as-a-service (PaaS) products is pursuing a US IPO.
Australia's Employment Hero gets $35m Series D
Australian online human resources services start-up Employment Hero has raised A$45 million ($35 million) in Series D funding led by domestic recruitment business Seek.
Singapore food tech start-up raises $10m seed round
Singapore-based Next Gen, which markets a vegetarian chicken brand called Tindle, has raised $10 million in what is being called the largest-ever seed round in the food tech space.
Indus Valley raises $17.5m for Pakistan VC fund
Pakistan-focused VC firm Indus Valley Capital has raised $17.5 million for its debut fund focused on early-stage start-ups. The initial target was $15 million.