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China: Banyan Capital Raises $725M Across Two Funds
China-focused venture capital (VC) firm Banyan Capital has raised over RMB5 billion ($724.6 million) across two new venture capital funds, in a development that brings aggregate assets under its management (AUM) to around RMB11 billion ($1.59 billion). Full investment news article
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Indian Private Equity Firm To Acquire Religare Health Insurance
A consortium of investors led by Indian private equity fund True North has agreed to acquire Religare Enterprises Ltd's health insurance business in the country, the groups said in a joint statement on Sunday. The deal, which still needs regulatory approvals, values the Religare Health Insurance at 13 billion rupees ($202.3 million). Full investment news article