M&A helped Chinese artificial intelligence start-up Laiye develop its product and gain a foothold in Europe. With more than USD 160m in Series C funding, the company is aggressively targeting global expansion
Before investing in Chinese workflow automation start-up Laiye, Cathay Capital introduced the company to several Europe-based Fortune 500 companies that number among its LPs. It was not only a gesture...
Sequoia Capital India and ChrysCapital Partners are set to exit Indian skincare brand Curatio, with Torrent Pharma agreeing to acquire 100% of the company for INR 20bn (USD 245m).
India’s Molbio Diagnostics, a medical equipment maker best known for its COVID-19 testing systems, has raised a USD 85m round featuring Temasek Holdings at an enterprise valuation of USD 1.6bn.
Lihao Semiconductor, a China-based supplier of silicon materials used in solar panels, has raised CNY 2.2bn (USD 305m) in Series B funding from an investor group featuring Oceanpine Capital, V Fund, and Harvest Capital.
Ontario Teachers’ Pension Plan (OTPP) has opened an office in Mumbai, adding India to an Asian footprint that currently includes bases in Hong Kong and Singapore.