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Formation Group raised US$357 million for debut fund to invest in early and growth stage companies
Formation Group has recently raised US$357 million of commitments for its Formation Group Fund 1 which will be investing in a concentrated number of early and growth stage companies.
IFM Investors to acquire minority stakes in Australian fashion handbag and accessories retailer Colette by Colette Hayman
IFM's private equity arm has acquired a significant minority stake in Collete by Collette Hayman, an Australian retailer of handbags and fashion accessories.
ZongMu Technology secures US$14 million series B Round to further improve self-driving tech
ZongMu Technology announced the completion of its listing on the China's new Third Board along with the completion of its series B round worth 100 million yuan (about US$14 million).
Indian mobile ad platform Oglas raises angel funding to further product development
Oglas, a Noida-based mobile advertising startup has raised an undisclosed seed investment from two high net worth individuals - Pankaj Rungta and Yogesh Agarwal..
Le Young Pictures, a video firm established by LeEco founder’s wife raises US$174 million series A
Le Young Pictures, a video firm founded by Gan Wei has closed its series A funding which was participated by CDH Fund, Le Kai Hua Fund, and Linmon Pictures.