Indian baby products retailer FirstCry‘s $501 million IPO overcame a sluggish start to garner bids worth $3.36 billion at close of the share sale on Thursday, as investors bet on growth for baby and child products in the world’s most populous country. FirstCry, backed by Japan’s SoftBank, TPG and India’s Mahindra & Mahindra, received bids for… Continue reading Baby products retailer FirstCry’s $501m IPO receives bids worth $3.4bFirstCry received bids for 606.4 million shares, about 12 times that on offer.
Author: Deal Street Asia Online News
Payoneer’s $61m Skuad acquisition provides exit to BEENEXT, ArgorThe deal consideration includes $61m in cash and up to another $20m in contingencies.
Nasdaq-listed financial technology company Payoneer has acquired 100% of Singapore-based workforce and payroll management company Skuad, according to an announcement. Payoneer, which provides cross-border payment services to small and medium-sized companies, plans to integrate Skuad’s payroll and contract management offerings into its suite of services. The deal includes a cash consideration of $61 million and… Continue reading Payoneer’s $61m Skuad acquisition provides exit to BEENEXT, ArgorThe deal consideration includes $61m in cash and up to another $20m in contingencies.
China Digest: Thinkre New Material, Evolyzer, Kangfude Pharma raise fundsThinkre develops proton exchange membrane (PEM) products for hydrogen fuel ba…
Sinopec Capital has led the Series C+ round of Thinkre Membrane Material, while Yanwei Technology has raised over $20 million in a Series A round. Separately, Desano has invested over $16 million in Kangfude Pharmaceutical. Sinopec Capital leads Series C+ round of Thinkre Suzhou-based Thinkre Membrane Material, which develops proton exchange membrane (PEM) products for… Continue reading China Digest: Thinkre New Material, Evolyzer, Kangfude Pharma raise fundsThinkre develops proton exchange membrane (PEM) products for hydrogen fuel ba…
Signapore IoT service provider UnaBiz raises $25m in pre-Series C fundingThe round was backed by KDDI Open Innovation Fund 3 and KYOCERA Communication…
Singapore-based Internet of Things (IoT) service provider UnaBiz has announced raising $25 million in its pre-Series C funding round to grow globally and deepen its market penetration. The funding round, which UnaBiz expects to make a final close by October 2024, was backed by KDDI Open Innovation Fund 3, the corporate venture fund of Global… Continue reading Signapore IoT service provider UnaBiz raises $25m in pre-Series C fundingThe round was backed by KDDI Open Innovation Fund 3 and KYOCERA Communication…
KKR to help Fuji Soft go private under $4b management buyoutFuji Soft is planning the buyout to improve its capital efficiency.
U.S. private equity firm KKR & Co plans to help Japanese system developer Fuji Soft go private under a management buyout worth about 600 billion yen ($4.09 billion), the Nikkei business daily reported on Wednesday. Fuji Soft is planning the buyout to improve its capital efficiency amid ongoing conflicts with its major shareholders, including Singapore-based… Continue reading KKR to help Fuji Soft go private under $4b management buyoutFuji Soft is planning the buyout to improve its capital efficiency.
CVC Capital Partners picks up majority stake in Indonesia’s Siloam HospitalsDealStreetAsia first reported the development in May.
Indonesian conglomerate Lippo Karawaci has officially sold most of its stake in local hospital chain Siloam International Hospitals to CVC Capital Partners, which has become the majority stakeholder. According to a disclosure on the Indonesia Stock Exchange (IDX), CVC’s Prime Health Company Limited and Lippo Karawaci’s Megapratama Karya Persada have divested 5.85 billion shares in… Continue reading CVC Capital Partners picks up majority stake in Indonesia’s Siloam HospitalsDealStreetAsia first reported the development in May.
India Digest: Kindlife, Visit Health secure fundingKindlife was co-founded by Radhika Ghai, who also co-founded Indian online marketplace ShopClues.
Kindlife, an online marketplace for environmentally-friendly beauty and wellness products, raised Series A funding, while Visit Health raised more than Rs 250 crore in a combination of primary capital infusion and secondary purchase of shares. Kindlife raises 8m in Series A funding Kindlife, an online marketplace for cruelty-free, environmentally-friendly beauty and wellness products, has raised… Continue reading India Digest: Kindlife, Visit Health secure fundingKindlife was co-founded by Radhika Ghai, who also co-founded Indian online marketplace ShopClues.
India Digest: BlueBinaries, SigTuple, Punch raise fundsPunch raised funding from Stellaris Venture Partners, Innoven Capital, others.
Punch, a trading platform developed by Market Pulse Securities; health technology startup SigTuple; and BlueBinaries Engineering and Solutions have raised funding. Anicut Capital invests $7.2m in BlueBinaries Anicut Capital, a multi-asset investment firm, has invested $7.16 million in BlueBinaries Engineering and Solutions, a leading engineering and technology services company. BlueBinaries serves a customer base in… Continue reading India Digest: BlueBinaries, SigTuple, Punch raise fundsPunch raised funding from Stellaris Venture Partners, Innoven Capital, others.
India: IFC weighs $20m investment in Uber-backed Everest FleetIFC’s proposed investment is part of a total targeted capital raise of $40-50 million in…
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PH e-commerce startup GrowSari bags funding and other SE Asia dealsThe announcement confirms DealStreetAsia’s earlier report.
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