SoftBank Corp. has agreed to invest $100 million in a Series D funding round for Cybereason, a US-headquartered cybersecurity platform provider targeting expansion in Japan.
Lightspeed India Partners has led a $4 million Series A round for Indian human resources (HR) services platform operator Darwinbox.
Singapore-based private equity and special situations firm Crescent Point has agreed to invest $50 million in Philippines-listed logistics services company LBC Express.
Travel start-ups in Southeast Asia are attracting scattered but enthusiastic interest from venture capital investors. Success in navigating the sector’s early days will be a matter of niche targeting
Expara Thailand and Premier Advisory Group have been appointed to manage two funds with a combined corpus of $44 million that are intended to push forward the country's financial technology agenda
Emerging Markets Investment Advisers (EMIA) has acquired a significant minority stake in the Cambodia division of iCare Benefits, a Singapore-based company that provides employers with worker benefit programs.
The International Finance Corporation (IFC) is considering an investment of up to $25 million in a Thailand-focused fund launched by Morgan Stanley Private Equity Asia (MSPEA).
Eight Roads Ventures has led a $12.5 million Series C funding round for Unbxd, an India-founded e-commerce services company now headquartered in the US.
Sapphire Ventures has led a $20 million Series C funding round for Australian business analytics services provider Culture Amp.
China’s Tencent Holdings and Korea’s Hanwha Investment have backed a $102 million Asian expansion drive by Canadian artificial intelligence developer Element AI. It is said to be the largest Series A round ever raised by an AI company.
Cool Japan Fund, a government-backed venture program for promoting cultural exports, has agreed to invest up to $10 million in a recently launched Japan-focused vehicle managed by 500 Startups.
KKR co-founders Henry Kravis and George Roberts have joined a group of investors including Chinese conglomerate Fosun International in a JPY2.5 billion ($22.8 million) round for Seven Dreamers Laboratories, a Japan-based manufacturer of personal-use devices.
Thailand’s Government Savings Bank and the Stock Exchange of Thailand (SET) have jointly established two venture capital funds worth a combined THB1.5 billion ($44 million).
OLED technology is seen as a quantum leap forward for digital panels, but VC investors are reluctant to get on board. Japan may have to overcome this hesitancy to maintain market share in high-end electronics
Australian digital marketing services company Rokt has closed a Series B funding round at $26 million led by Moelis Australia Asset Management.
Indian commercial lender Yes Bank has extended a INR500 million ($7.8 million) loan to domestic VC-backed finance platform provider Lendingkart.
India-listed Srei Infrastructure Finance and Russia’s state-backed Vnesheconombank have agreed to establish a $200 million fund that will promote IT and innovation exchange between the two countries.
The Carlyle Group and Pacific Equity Partners (PEP) have finalized an agreement to jointly acquire Australia-based iNova Pharmaceuticals for $930 million in cash.
Pakistan’s Lakson Investments claims to have been awarded the country’s first venture capital license with the launch of a new fund that will target domestic start-ups.
MoneySmart, a personal finance portal backed by Golden Gate Ventures, has received a $10 million Series B funding round led by Japanese shopping price comparison site operator Kakaku.
Blackbird Ventures has led a $12 million round for Sydney and San Francisco-based marketing software provider Autopilot.
KKR has offered to acquire Vocus Group, one of Australia's leading high-speed broadband internet providers, in a deal worth approximately A$2.1 billion ($1.6 billion).
Encouraging trends in population, social mobility, commodities, technology, and governance standards are converging on Islamic finance. PE plays a small role with strong upside in Asia
Australian VC investors Brandon Capital and Uniseed have committed $16 million to Que Oncology, a clinical-stage drug development company established by the University of Queensland (UQ) and US-based Emory University.