CMC Capital Partners and Wu Capital – a Beijing-based family office for Longfor Properties – have jointly led a Series B round of funding for Liulishuo, a language learning app powered by artificial intelligence (AI).
China’s Tencent Holdings has invested an undisclosed amount in Indian online education start-up Byju’s, whose PE backers include Verlinvest and Sequoia Capital.
Southeast Asian ride-hailing app operator Grab has received $2 billion from SoftBank and Chinese peer Didi Chuxing as part of what is expected to be a $2.5 billion funding round.
The Carlyle Group and State Bank of India (SBI) have agreed to buy SBI Card, India’s second-largest credit card franchise, from GE Capital – the latest in a string of private equity transactions in Asia arising from General Electric’s decision to...
One Championship, a Singapore-based mixed martial arts (MMA) organization, has secured a new funding round led by Sequoia Capital India and Mission Holdings – an investment vehicle owned by billionaire Saurabh Mittal.
Asian co-working space operators Naked Hub and JustCo have decided to join forces to fend off competition from WeWork, a US-based sector leader now encroaching on the regional market. As a joint expansion program rolls out, pricing control will be a key...
Everstone Capital’s purchase of Hindustan Unilever’s bakery business was its first corporate carve-out. It is now ready to introduce India to the new and improved Modern Foods
PAG Capital Asia has agreed to invest approximately RMB2 billion ($296 million) in a Hong Kong unit of Czech-based consumer loans company Home Credit Group, with a view to supporting the company's expansion in China.
Creador has paid INR2.75 billion ($42 million) for a minority stake in Paras Healthcare, which manages a chain of five hospitals in northern India.
Yunfeng Capital has invested in Beijing Davost Tourism & Cultural Creativity, a provider of resorts management and other support services to the Chinese tourism industry.
KKR has agreed to invest approximately $200 million for a 49% stake in India-based Radiant Life Care with a view to helping the specialty hospital operator expand its network of facilities nationwide.
Geek+, a Chinese manufacturer of robots for use in logistics and warehousing, has received $60 million in Series B funding led by Warburg Pincus. Several existing investors, including Volcanics Ventures, also participated.
Warburg Pincus has committed $100 million to CleanMax Solar, an Indian rooftop solar panel company backed by the International Finance Corporation (IFC) and Bessemer Venture Partners.
Japan’s middle-market in fundraising flurry; Toshiba fails to make the second-quarter cut, but Asia buyouts still boom; public markets, particularly in Japan, deliver strong exits as trade sales stutter
ZZ Capital, an alternative assets manager and private equity firm backed by China’s Zhongzhi Enterprise Group, has committed EUR70 million ($80 million) to Italy-based renewable energy producer Building Energy.
Navigating micro intricacies rather than addressing macro uncertainties is the true challenge for private equity investors in China, industry participants told the AVCJ USA Forum.
UrWork, a Chinese co-working space operator with a number of private equity backers, has received a $29.4 million investment from domestic conglomerate Beijing Love & Health Group.
Indian payments technology service Innoviti Embedded Solutions has raised a INR1.2 billion ($18.6 million) funding round led by SBI-FMO Fund.
Healthcare-focused private equity firm Quadria Capital has acquired stakes in Singapore medical center operator MWH Holdings and Vietnam’s FV Hospital.
PAG Asia Capital and Primavera Capital have led a Series C round of funding worth $118 million for Dashu Finance, which provides outsourced credit services to banks looking to participate in the small loans space.
China Everbright, IDG Capital and CITIC Private Equity have participated in a RMB500 million ($73.5 million) Series A round of funding for Terminus Technologies, which claims to be China’s largest city-level mobile internet platform.
Alibaba Group has led a $700 million Series E round of funding for Chinese bike-sharing start-up Ofo – less than a month after Tencent Holdings led a Series E of $600 million for Mobike, the company’s closest rival.
Indian used-car trading marketplace Droom has raised a $20 million Series C round from investors including Lightbox India Advisors and Beenos Asia.
France-based venture capital firm Seventure Partners has joined a $13.1 million funding round for Japanese biopharmaceuticals development company Anaeropharma Science.