India exits: Milking unicorns
Partial exits from Oyo by Sequoia Capital India and Lightspeed India Partners underline the importance of securing liquidity from a technology unicorn while it is still on the rise
Once SoftBank Vision Fund appears on a start-up’s cap table, should early-stage backers be thinking about taking some money off the table and de-risking their investments? If so, Sequoia Capital India...
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China's 01VC pursues industrial upgrade strategy
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
Singapore's RedDoorz raises $70m
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.
Australia's PE-backed LBNCo acquired by strategic player
LBNCo, an Australian fiber optic network provider acquired last year by a consortium led by ROC Partners, will be sold to industry peer Uniti Wireless for A$100 million ($67.7 million).