MUSINSA, an online fashion platform in South Korea, and KKR, a global investment firm, announced the signing of definitive agreements under which funds managed by KKR will lead the US$190 million Series C fundraise of MUSINSA, with participation from Wellington Management, one of the world’s largest independent investment management firms. Founded in 2001 as an…
Tag: Wellington Management
Synthego raises $100 mn Series D funding led by Wellington Management, makes executive changes
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•Synthego, the genome engineering company, announced that it raised $100 million in a Series D financing led by new investor Wellington Management, co-led by RA Capital Management and 8VC. Other investors that participated included Founders Fund, Menlo Ventures, and Intel Capital. This new round brings Synthego’s total private funding to more than $250 million. Also,…
Swiggy raises $1 billion funding from Naspers, Tencent and others.
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•Online food delivery startup Swiggy has raised $1 billion in a fresh round of funding led by South African multinational internet and media group Naspers, with the entry of new investors like China’s Tencent, Hillhouse Capital, and Wellington Management. Avendus Capital was the financial advisor to the transaction. According to sources, with this new round of funding…