Local Measure, an Australian analytics technology provider servicing the tourism industry, has raised $3.4 million for an expansion effort that will include opening new offices in Los Angeles and Dubai.
Taiwan-based Foxconn Technology Group has made a strategic investment in Mobike, a Chinese bike rental service start-up backed by several PE investors including Warburg Pincus.
China Merchants Capital and Grand Fight Investment have co-led a $100 million Series C round of funding for Xueba, a Chinese education app that helps students understand homework exercises.
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
Shanghai-based Innotech Capitals, a PE arm of Innotech International Group specializing in advertising technology, has acquired US data aggregation platform Ad-Juster with a view to helping the company expand into Asia.
With its investment in Formula E, Yao Capital hopes to help electric car racing achieve some of Formula One's success, but with an emphasis on China, downtown circuits, younger fans, and environmentally friendly entertainment
CDH investments has acquired Tembusu Partners' stake in Ednovation and will commit more capital for a controlling position as it supports the Singapore pre-school operator's China expansion
Neev Fund, an investment vehicle sponsored by the State Bank of India (SBI), has led a $10 million Series D round for Milk Mantra Dairy.
China's Tencent Holdings has led a $55 million Series D round for Indian clinic management software and doctor search portal developer Practo.
Chinese used car trading platform Uxin has raised $500 million in a new round of funding led by TPG Growth, Jeneration Capital and China Vision Capital.
Xiaoshouyi, a China VC-backed customer relationships management (CRM) platform, has raised a RMB280 million ($40 million) Series D round of funding led by Tencent Holdings.
CDH Investments has acquired a 36% stake in Ednovation, a Singapore-based operator of pre-schools in Southeast Asia and China, from Tembusu Partners in a deal said to be worth more than S$50 million ($35 million).
Capital Today has led a $100 million Series D round of funding for Zhihu, a Chinese question-and-answer platform similar to US-based Quora.
Apax Partners has sold a 48% stake in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs and which continues to have a sizeable presence in the country, to Canada Pension Plan Investment Board (CPPIB).
The Abraaj Group has invested an undisclosed sum in Islamabad Diagnostics Centre (IDC), an affordable health diagnostics provider with 20 facilities in Pakistan.
Hillhouse Capital commits $250 million to e-commerce software provider Magento, joining forces with existing backer Permira in order to help the company realize its growth potential in Asia
Ausgrid deal obscures weak investment environment; fundraising returns to normal after state-backed blitz; China’s IPO market is on the mend, but public market problems undermine Asia exits
EasyStack, a Beijing-based cloud platform and services provider, has completed a $50 million Series C round of funding led by CASH Capital.
Fifteen start-ups backed by IDG Capital Partners achieved valuations of $1 billion or more in 2016, taking the total number of unicorns in the China-focused VC firm’s portfolio to 26 over the past 12 years.
Australia’s Future Fund has participated in a $45 million Series C round of funding for US-based data protection company Bitglass, joining existing investors such as Singapore’s Singtel Innov8.
CDH Investments has led a RMB2.5 billion ($363 million) Series A round of funding for China-based Hive Box, a self-service package drop-off and pick-up operator.
Frontier Biotech, a China-based pharmaceutical company that works on HIV treatments, has received RMB300 million ($43 million) in Series C funding, led by Huaxin Century Investment Group.
Patient Japanese capital and state-backed Malaysian funding underpin a partial spin-out of Southeast Asia telecom towers business Edotco from Axiata
Insurance giants Axa and Mass Mutual are backing H&Q Asia Pacific portfolio company One Inc to ride the wave of modernization - and technology adoption - expected in China's insurance industry