Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Suzanne Tavill, a Sydney-based managing director with StepStone Group, has been elevated to partner. It was one of four partner-level promotions made by the firm globally.
Minnesota State Board of Investment (SBI) is looking to commit $150 million to KKR’s fourth pan-Asian fund. This represents a step up from the $100 million it put into the manager’s previous vehicle.
Japan’s Globis Capital Partners has invested in two marketing services providers in separate transactions, including web conferencing player BellFace and data-focused Flywheel.
Whales English, a Chinese online language tuition business also known as Jingyu Peiyou, has raised RMB100 million ($14 million) in Series B funding led by Sino Ocean Capital. Hike Capital and Fresh Capital also participated.
Indian educational learning platform Unacademy has closed a $110 million funding round, bringing Facebook and General Atlantic on to its investor roster.
Stori, a Mexican digital bank founded by a team with China backgrounds, has raised $10 million in an extended tranche of Series A led by Source Code Capital and Bertelsmann Asia Investments (BAI). Existing investor Vision Plus Capital also participated.
Indian venture capital investor Blume ventures achieved a final close of $102m on Blume Ventures Fund III, its third early-stage fund.
Eureka AI, an Indonesia-based artificial intelligence-enabled enterprise software platform, has received $20 million in Series B funding led by Apis Partners, Gobi Partners, Riyad Capital’s Riyad Taqina Fund, and MEC Ventures.
Affirma Capital, a PE firm launched last year as a spin-out of Standard Chartered’s private equity business, has agreed to invest $34 million in Transcendental Human Resources, a Vietnam-focused online recruitment platform.
Swedish investment firm Kinnevik has revised downward its valuation of Indian online classifieds platform Quikr, citing fraud-related concerns and a changed measurement metric.
51CTO, a Chinese online technology training platform, has raised $20 million in a Series C funding round led by Gaocheng Capital.
Indian restaurant chain Barbeque Nation has re-filed for an initial public offering that will provide an exit opportunity for its private equity investors.
Yimidida, a Chinese logistics platform has raised RMB1 billion ($140 million) in an extended tranche of Series D funding. The round took place in parallel with the firm’s acquisition of Shanghai-based UC Express.
The Tata Opportunities Fund (TOF) team is poised to spin-out after Tata Capital – a wholly-owned unit of India’s Tata Group – decided it did not want to continue sponsoring the franchise for a second fund.
General Atlantic and WuXi AppTec, China’s leading contract research organization (CRO) WuXi AppTec, have led a $98 million Series D round for local drug developer CANbridge Pharmaceuticals.
SBI Cards and Payments, the State Bank of India's (SBI) credit card arm and a Carlyle Group portfolio company, is looking to raise INR60 billion ($840 million) through a domestic IPO.
Chinese healthcare-focused GP HighLight Capital has reached the first close of $300 million on its third US dollar-denominated fund, but further progress is likely to be delayed by the coronavirus outbreak.
Amber Group, a Hong Kong-based start-up offering crypto-based financial services, has raised $28 million in a Series A round led by Paradigm and Pantera Capital.
Endeavour United, a Japanese private equity firm established by the team behind turnaround investor Phoenix Capital, has completed two acquisitions in the packaging and chemicals industries.
Indian technology-focused private equity firm Z3 Partners has invested in Cyfirma, an analytics platform that helps enterprise clients identify potential cyber threats.
Sunseap, a Singaporean renewable energy provider, has raised S$100 million ($71.9 million) in Series D funding from a coal producer in Thailand.
China's CICC Capital has raised RMB1.6 billion ($229 million) for its first fund dedicated to the biopharmaceutical space.
Evercare, a South Asia and Africa-focused healthcare delivery platform controlled by The Rise Fund, TPG Capital’s impact investment unit, has acquired Bangladesh-based Apollo Hospitals Dhaka.