Aibee

Geography: China
Sector: Technology

Aibee is China's leading provider of total AI solutions to the retail and transportation industries



Arohan

Geography: India
Sector: Financial Services

Arohan is eastern India's largest NBFC-MFI (Non-Banking Finance Company - Micro Finance Institution) providing loans in low-income states



BigBasket

Geography: India
Sector: Consumer Technology

BigBasket is India’s largest online food and grocery retailer with a 40% share of the online grocery retail market and a presence in 25 cities



Bochewang

Geography: China
Sector: Technology

Bochewang is the largest online auction platform for salvage cars in China, on which over 75,000 transactions are completed annually.



Deepwise

Geography: China
Sector: Technology

Deepwise is a leading company developing AI+ medical imaging solutions for hospitals and doctors



ELSA

Geography: United States
Sector: Technology

ELSA is an innovative mobile application with over 50 million downloads globally, designed to enhance English speaking skills through artificial intelligence.



Fibe

Geography: India
Sector: Financial Services

Fibe is a leader in digital consumer lending for aspirational middle-income segment in India.



FirstMeridian

Geography: India
Sector: Professional Services

FirstMeridian is the 3rd largest staffing company in India, offering diversified HR staffing solutions



GaiaWorks

Geography: China
Sector: Technology

GaiaWorks is the leading Chinese service provider of digitalized workforce management solutions to clients in labor-intensive industries such as retail and manufacturing



Genesis Capital Fund I

Geography: China

Acquisition of an LP interest in a private equity fund in China



Huagai Capital

Geography: China

Acquisition of a portfolio of 6 Healthcare companies in a RMB-denominated continuation fund using its QFLP



Innovation Works

Geography: China

Acquisition of 2 secondary LP interests in a leading Chinese TMT venture capital fund 



Jiangxiaobai

Geography: China
Sector: Consumer

Jiangxiaobai is a new-generation beverage company that has established nationwide brand awareness and distribution channels



Kinzon Capital

Geography: China

Acquisition of a portfolio of 6 technology companies (including Aibee, Xpeng, Robosense, WeRide) via a RMB to USD fund restructuring



KKday

Geography: Taiwan
Sector: Travel E-commerce

KKday is a travel e-commerce platform that specializes in offering a wide array of day tours, activities, and unique experiences through its website and mobile application. Users have access to over 300,000 travel experiences across more than 92 countries and regions worldwide.



KK Group

Geography: China
Sector: Consumer

KK Group is a leading offline retailer that targets Gen-Z consumers in China, operating different store concepts over 650+ locations



MoEngage

Geography: India
Sector: SaaS

MoEngage is a leading customer engagement platform trusted by over 1,200 global brands.



Ninja Van

Geography: Singapore
Sector: E-commerce Logistics

Ninja Van is a technology-driven e-commerce logistics provider specializing in last-mile delivery services across Southeast Asia.



Oatside

Geography: Singapore
Sector: Consumer

Oatside is South East Asia's leading brand, full-stack manufacturer and distributor of oat milk drinks.



Paradise Food Court

Geography: India
Sector: Food and Beverages

Paradise Food Court is a Hyderabad-based biryani chain restaurant with a store presence across India



Pharmacity

Geography: Vietnam
Sector: Consumer

Pharmacity is the largest organized retail pharmacy chain in Vietnam



Sahajanand Medical Technologies

Geography: India
Sector: Healthcare

SMT is a leading manufacturer of minimally invasive cardiovascular devices, with market leadership in India and a global sales presence



Sapphire Foods

Geography: India
Sector: Food and Beverages

Sapphire Foods is an omnichannel restaurant operator and the largest franchisee of YUM! Brands in the Indian sub-continent



Seek Petfood

Geography: China
Sector: Pet Food

Seek Petfood is the leading OEM/ODM manufacturer of premium pet food in China with c. 18% market share, larger than the second largest and third largest manufacturers combined.



Shadowfax

Geography: India
Sector: Logistics

Shadowfax is one of India's fastest-growing last-mile logistics companies, operating in over 2,500 cities.



Whatfix

Geography: India
Sector: SaaS

Whatfix is a global leader in digital adoption solutions for enterprises worldwide.



Bilibili

Geography: China
Sector: Technology

Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China.



ByteDance

Geography: China
Sector: Technology

ByteDance is a leading technology company operating a range of content platforms that inform, educate, entertain and inspire people across languages, cultures and regions. It has over 150,000 employees based out of nearly 120 cities globally.



EVISU

Geography: China
Sector: Consumer

EVISU is a premium streetwear brand with over 185 stores across Mainland China, Macao, Hong Kong and Singapore



Flipkart

Geography: India
Sector: Technology

Flipkart is the largest E-commerce company in India



Full Truck Alliance

Geography: China
Sector: Technology

FTA is China’s No.1 online freight-truck matching platform with a dominant market position



Guilin Seamild

Geography: China
Sector: Consumer

Guilin Seamild is a leading premium oatmeal products producer in China



Harmony Capital

Geography: Asia

Acquisition of a secondary LP interest in a Singapore based Pan-Asian fund



Harvey Industries Group

Geography: Australia
Sector: Food and Beverages

Harvey Industries Group is Western Australia’s largest beef processor



IDG Ventures India I

Geography: India

Acquisition of 2 secondary LP interests in a venture capital fund



Junshi Biosciences

Geography: China
Sector: Pharmaceuticals and Biotechnology

Junshi Biosciences is a biopharmaceutical company based in Shanghai that focuses on discovering, developing and commercializing innovative drugs



Lenskart

Geography: India
Sector: Consumer

Lenskart is Asia's largest omnichannel retailer and manufacturer of premium and contemporary eyewear, serving over 10 million customers annually across a network of more than 3,000 India and International stores  



Loyal Valley Capital

Geography: China

Restructuring of a RMB-denominated fund into a USD-denominated fund. Portfolio comprises companies including BILIBILI Inc (NASDAQ: BILI) and Bytedance (Toutiao)



NetEase Music

Geography: China
Sector: Media

NetEase Music is a leading online music platform in China. It has created an active music community with a unique user group of mainly younger people in middle to upper tier cities



New Horizon II

Geography: China

Acquisition of 2 secondary LP interests in a Chinese growth capital fund 



RoboSense

Geography: China
Sector: Technology

RoboSense is an AI-driven robotics technology company that supplies industry-leading incremental components and solutions for the robotics market



Sedemac

Geography: India
Sector: Technology

Sedemac is a technology company that supplies innovative control products for use in small engines and powertrains



Sinomed

Geography: China
Sector: Healthcare and Services

SinoMed is a company engaged in the research, development, manufacturing and sales of coronary stents and related cardiovascular interventional diagnostic and therapeutic devices in China



Source Photonics

Geography: China
Sector: Technology

Source Photonics is a leading manufacturer of optoelectronic data communication modules



SSIPL

Geography: India
Sector: Consumer

SSIPL is the largest footwear retailer in India



Urban Ladder

Geography: India
Sector: Consumer

Urban Ladder is one of the top two online furniture retailers in India



Viva

Geography: China
Sector: Media

Viva is a mobile magazine platform in China



Vivimed Labs/UQUIFA

Geography: India
Sector: Healthcare and Services

Vivimed Labs/Uquifa is an Indian manufacturer of APIs (Active Pharmaceuticals Ingredients) and intermediates for the pharmaceutical industry



WeRide

Geography: China
Sector: Autos

WeRide is an autonomous driving technology company with one of the largest fleets of autonomous driving vehicles amongst Chinese start-ups



Wuxiao

Geography: China
Sector: Industrial

Wuxiao is the leading wind tower manufacturer in China



XPeng

Geography: China
Sector: Autos

XPeng is a leading electronic vehicle (EV) company that designs, develops, manufactures, and markets Smart EVs