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ManpowerGroup teams up with CITIC PE to expand China business
CITIC Private Equity (CITIC PE) has formed a joint venture with Shanghai-based recruiting giant ManpowerGroup to expand the company's business in greater China.
Hong Kong freight services platform raises $14m
Hong Kong-based freight services platform Freightos has raised a $14 million Series B round from a clutch of investors.
Kalaari leads $9m round for India's Industrybuying
Kalaari Capital has led a INR600 million ($9 million) Series B round for Indian B2B online marketplace Industrybuying.com, with participation by SAIF Partners and Beenext.
Deal focus: Chinese strategic snares Avolon
An acquisition by an Asian strategic player was always a likely outcome for aircraft leasing business Avolon. Japanese groups have completed a couple of deals in the space in recent years, while HNA Group – which has agreed to buy Avolon at an enterprise...
Templeton backs Vietnam logistics player
Franklin Templeton Investments has committed $15.8 million to Indo Trans Logistics Corporation (ITL), a third-party logistics (3PL) and warehousing services provider in Vietnam.
Aspada, Qualcomm back India's Reverie with $4m
Aspada Investment Company and Qualcomm Ventures have committed $4 million in Series A funding to India-based local language software platform Reverie Language Technologies.
India's PremjiInvest leads $82m round for US-based ServiceMax
PremjiInvest, the private investment firm for Wipro Enterprises Chairman Azim Premji, has led an $82 million Series F round for US-based field service software developer ServiceMax.
PEP completes exit from Australia-listed Spotless
Pacific Equity Partners (PEP) has completed its exit from Australian cleaning and catering contractor Spotless Group – which it privatized in 2012 and re-listed last year – through a A$374.3 million ($268.6 million) block trade.
India's Gateway offers to buy Blackstone stake in freight subsidiary
Indian logistics company Gateway Distriparks (GDL) has offered to buy The Blackstone Group's stake in its freight subsidiary GatewayRail Freight (GRFL) for INR6 billion ($90.3 million).
NEA, Orios commit $4m to India's IntelligenceNODE
IntelligenceNODE, a retail-oriented big data analytics start-up based in India, has raised a $4 million Series A round led by New Enterprise Associates (NEA) and Orios Venture Partners.
Yunfeng leads Series C round for China's logistic app Yunmanman
Yunfeng Capital has led a Series C round of funding for Yunmanman, a Shanghai-based mobile logistic distribution platform. Existing investors Sequoia Capital and Lightspeed China Partners also participated.
Zodius leads $20m round for India's Allygrow
Zodius Technology Fund has led a $20 million funding round for Indian engineering services start-up Allygrow Technologies.
Blume, Tiger Global invest $30m in warehouse robotics start-up
Tiger Global Management and Blume Ventures have led a $30 million Series B round of funding for Indian warehouse robotics developer GreyOrange Robotics.
Rebright backs Indian logistics firm LetsTransport
Indian last-mile logistics marketplace LetsTransport has raised $1.3 million from Rebright Partners, along with several angel investors.
China's HNA buys Swissport International from PAI Partners
China’s HNA Group has agreed to buy ground handling and cargo services provider Swissport International from PAI Partners for CHF2.7 billion ($2.8 billion).
Matrix, Falcon Edge in $25m Series C for India's Mswipe
Indian mobile point-of-service (POS) developer Mswipe has raised $25 million in Series C funding from a group of investors including Matrix Partners, Falcon Edge Capital and Meru Partners.
India's PE-backed Mindtree to buy US, UK-based IT firms
Indian IT services firm Mindtree, which is backed by Nalanda Capital and Global Technology Ventures Limited, will buy US-based Relational Solutions and UK-based Bluefin for a total of $76 million.
Sequoia, Nexus, Blume in $11m Series A for India's RoadRunnr
Indian business to business (B2B) delivery logistics service RoadRunnr has raised $11 million in Series A funding from Sequoia Capital, Nexus Venture Partners and Blume Ventures.
India call center software provider raises $5m Series A round
Indian call center software developer Ameyo has raised $5 million in Series A funding from PE firm Forum Synergies.
Ardent invests $2.2m in Indonesia B2B portal Bizzy
Ardent Capital has committed $2.5 million to Bizzy, an Indonesian provider of business-to-business (B2B) e-commerce services.
Cathay Capital invests in French marine service provider SeaOwl
Cathay Capital Private Equity has invested in SeaOwl, a French-based marine management service provider.
Carlyle growth fund to invest $115m in China's JIC Leasing
The Carlyle Group has agreed to commit $115 million from its growth fund to JIC Leasing, the equipment leasing subsidiary of China Jianyin Investment.
Carlyle to invest $120m in Shanghai ANE Logistics
The Carlyle Group has agreed to invest $120 million in Shanghai ANE Logistics, a Chinese logistics and courier services provider.
Nokia Growth leads Series B for India's Indix
Nokia Growth Partners has led a $15 million Series B round for Indian cloud-based analytics start-up Indix. Existing investors Nexus Venture Partners and Avalon Ventures took part in the round as well.