Greater China
The vehicle is targeting $503 million in its final close.
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IDG Capital, Soul Capital, Gaorong Ventures, CICC Capital, and Puhua Capital were among the strategic investors.
Modern Dental’s shares rose 16% on Monday following news of the deal.
Philippines
The round is likely to see participation from some of the existing investors.
India
The PE firms collectively own 99.74% stake in the healthcare company.
The Series B round will see EPG step up its presence in markets like Malaysia.
The investment pegs the valuation of the company at $1.2 billion.
World
The deal will be at a base consideration of $3.2 billion.
DealStreetAsia had first reported on the funding talks in November last year.
The deal comes at a time when India’s packaged snacks sector is witnessing strong growth.
