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Editor’s take: The week that was — April 13-18
India
Accel’s latest raise includes a $4-billion Leaders Fund for late-stage investments.
Rest of Asia
Investors included insurers, financial institutions, and family offices.
The financing will support the company’s broader loan expansion strategy.
With Japanese M&As at record levels, top banks are struggling to meet demand for deal funding.
India’s central bank capped Emirates NBD’s voting rights at 26% of the bank’s total.
Malaysia
Existing backers Altara Ventures and Gobi Partners also participated.
KKR has inked agreements with DIC and Kowa, both of whom agreed to sell their shares.
The firm aims to build a portfolio of around 20 companies.
Dugar Finance had previously raised $18 million in debt funding led by Symbiotics.