Deals
Advent will merge online pharmacy unit ‘Apollo 24/7’ with pharmacy distributor Keimed.
HK-listed asset manager Value Partners Group CEO steps down
PE firm Advent to invest $297m in India's Apollo HealthCo
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Shanghai presses ahead into secondary market with new 10b yuan fund
India Digest: Lyskraft raises $26m; Capria Ventures closes India Opportunity Fund at $19m
More Stories
India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
Singapore’s Keppel set to raise over $2.7b across three funds this year
Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
The round in Lyskraft has been led by Peak XV Partners.
Apollo 24/7 is part of Apollo HealthCo, a subsidiary of Apollo Hospitals.
The pre-Series A funding round was led by Motion Ventures and July Ventures.
Venture Capital
The firm has 23 active investments in its India portfolio
IPOs & Markets
FirstCry is said to withdraw its IPO papers, make changes and refile them as early as next week,
Swiggy’s backers include Prosus, Accel, SoftBank, and Invesco among several others.
Flashaid has raised $2.5m in its pre-Series A funding round, while Boba Bhai has raised about $1.5m in seed funding.
JioCinema has become popular for showing the IPL cricket tournament for free.
Private Equity
DealStreetAsia had first written about its fundraising development in May 2023.