World Innovation Lab (WiL) has led a JPY1.1 billion ($10.6 million) investment in Japanese social media-oriented restaurant guide operator Retty.
Clio Cosmetics hopes to leverage Korea's entertainment appeal throughout Asia
Ekuinas, a private equity firm backed by the Malaysian government, has acquired a 35% interest in Al-Ikhsan Sports, the country’s leading sportswear retailer, for MYR68.6 million ($16.9 million).
Bluestone's work to reshape India's jewelry industry and change customers' attitudes appeals to the domestic VC firm
Singapore’s Temasek Holdings has led a $105 million Series F round of funding in Sprinklr, a US-based social media company targeting growth in Asia Pacific.
Rocket Internet and Sweden's AB Kinnevik have committed another EUR30 million ($33 million) to emerging markets-focused online fashion portal Global Fashion Group (GFG).
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $15 million investment in Indian education start-up Byju’s.
L Capital Asia – the private equity arm of luxury goods giant LVMH – has acquired a minority stake in Clio Cosmetics, a South Korea-based color cosmetics manufacturer, for an undisclosed sum.
CDC Group, the UK government-owned development finance institution (DFI), has agreed to invest INR10 billion ($149 million) in IIFL Holdings’ non-banking finance company (NBFC) India Infoline Finance.
Henry Kravis, co-founder of KKR, emphasized the importance of Asia’s rising middle class and the diversification of his firm’s investment approach as continued volatility globally is likely to deliver both uncertainty and opportunity.
New Zealand-listed health food and supplements producer Oceania Natural has secured HK$19.5 ($2.5 million) from a group of domestic and Chinese investors for the establishment of a Hong Kong subsidiary.
GSR Ventures has participated in a $70 million financing round for Protean Electric, a US automobile equipment developer with an expanding operations base in China.
IIFL Asset Management has led a INR2 billion ($30 million) Series D round for online jeweler BlueStone.
Southeast Asia-focused e-commerce solutions provider aCommerce has raised $10 million in new funding ahead of a planned Series B round. The latest commitment is led by MDI Ventures, a corporate VC fund run by Indonesian mobile operator Telkom.
CRE Alliance Management, a consumer-focused fund established by state-owned conglomerate China Resources, has invested an undisclosed sum in Meituan-Dianping, China’s leading online-to-offline (O2O) services platform.
Gengmei, a Chinese cosmetic surgery social networking app backed by several VC investors, has raised an undisclosed amount of Series C funding from Chinese companies Suning Commerce Group and Tencent Holdings.
Bain Capital Private Equity and Goldman Sachs have agreed to acquire a majority position in Carver Korea, a specialist cosmetics supplier.
The Asia opportunity for private equity has become all the more compelling for the political uncertainty blighting Western markets, investors told the AVCJ USA Forum.
Mekong Capital has invested $6.9 million in Wrap & Roll, a Vietnamese cuisine restaurant operator aiming to expand internationally.
Creador has committed INR1.2 billion ($17.6 million) to India-based pharmaceutical developer Corona Remedies.
Unity Technologies, a US-based video game engine maker, has closed a $181 million Series C round of funding led by DFJ Growth, with participation from China Investment Corporation (CIC) and Chinese early-stage investor FreeS Fund.
KKR has agreed to invest INR5.2 bilion ($77.7 million) in Indian dairy products provider Kwality in a structured finance transaction.
IDG Capital Partners has closed its latest China-focused venture capital fund at $1 billion, in partnership with Silicon Valley-based Breyer Capital.
Baring Private Equity Asia and Canadian buyout firm Onex Corporation have agreed to acquire Thomson Reuters’ Intellectual Property and Science (IP&S) business for $3.5 billion.