Food Union Group, an international group of dairy and ice cream producing companies has received a combined US$225 million investment from PAG, one of Asia's largest private equity firms, and existing investor Meridian Capital.
InnerHour, an online psychological wellness platform, has raised US$450K in its first round of funding from financial advisory firm Batlivala & Karani Securities, investment firm Venture Works and others.
Cure App, a mobile solution to lifestyle-related diseases has managed to raised 380 million yen (about US$3.38 million) from Beyond Next, Keio Innovation Initiative, and SBI Investment. With the latest capitals, Cure App will strengthen its non-smoking cure applications.
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
Shanghai-based biotech startup Ark Biosciences has secured an undisclosed amount in a Series A extension funding led by Bioventure Investment Management, a Chinese medical and pharma-focused fund.