Boss Zhipin, a Chinese recruitment app, has raised a $28 million Series C round across two tranches of funding.
Malaysia’s public sector pension fund, KWAP, has invested in US-based ride hailing app operator Uber Technologies. This is its first direct investment in a foreign company.
Yao Ming-backed PE firm will grow the reach of kickboxing by emphasizing similarities to Chinese fighting styles
Indian online furniture marketplace Pepperfry has raised a $31 million Series E round from a group of investors including Norwest Venture Partners, Bertelsmann India Investments, Zodius Technology Fund and Goldman Sachs.
H&Q Asia Pacific has led a $7.8 million investment in Efficient Drivetrains (EDI), a US and China-based developer of electric vehicle (EV) systems and technologies.
WestBridge Capital Partners has led a INR2.7 billion ($40.4 million) funding round for Indian home lender Aptus Housing Finance India.
U51.com, a Chinese credit card management mobile app, has raised a $310 million Series C round led by A-share listed property developer Xinhu Zhongbao and domestic VC firm Tiantu Capital.
FirstP2P, a Chinese online peer-to-peer (P2P) financing site, has raised a $70 million Series C round led by existing investor CCB International.
Singapore-based taxi-hailing app provider Grab has raised a $750 million round of funding led by Japanese technology giant and long-term strategic partner SoftBank.
Leshi Internet Information and Technology, also known as LeEco, has raised $1.08 billion for its self-driving electric car project.
Indian non-banking financial company (NBFC) Hero FinCorp has raised more than INR10 billion ($149 million) from investors including ChrysCapital, Credit Suisse and its parent, the Hero Group.
ViSenze, an e-commerce-focused artificial intelligence (AI) company based in Singapore, India and the US, has completed a $10.5 million Series B funding round led by Rakuten Ventures, WI Harper and Enspire Capital.
Increased competition for private equity deals in the Philippines means investors must be more disciplined in their approach to transactions, according to industry participants at the AVCJ Philippines Forum.
Myanmar Investments founder Aung Htun sees his latest venture as the culmination of his years spent finding a way forward in Asia by embracing the unorthodox
Yao Capital, an investment firm co-founded by Chinese former NBA star Yao Ming, has invested in Singapore-based kickboxing programmer Glory Sports International. The deal includes a joint venture that will promote the sport in China.
OTMS, a China-based logistics software developer, has raised a $25 million Series B round led by Weixing Chen, founder of local ride-hailing app operator Kuaidi Dache.
Foxconn Technology Group has invested $119.9 million in China-based ride-hailing platform Didi Chuxing at a valuation of $33.7 billion.
Indian education start-up Byju’s has received a $50 million funding round led by Sequoia Capital and the Chan Zuckerberg Initiative (CZI), a vehicle established by Facebook CEO Mark Zuckerberg and his wife Priscilla Chan.
Best Logistics Technologies, a China-based logistics and supply chain management business part-owned by Alibaba Group, has completed a $760 million round led by Everbright Financial Holding Asset Management and CITIC Private Equity.
ING Bank has extended a $25 million credit facility to Hong Kong’s WeLab, a private equity-backed mobile lending and credit analytics platform.
Ocean Link is China’s first private equity firm dedicated to investing in the travel and tourism industry. Can it successfully leverage an increasingly wealthy, free-spending and far-traveling domestic user base?
Huimin, a Chinese B2B e-commerce platform that focuses on small-scale supermarkets, has raised a RMB1.3 billion ($195 million) Series B round from a group of renminbi fund managers including Fortune Capital.
Shanghai Joyu Culture Communication, which operates Chinese VC-backed tourism booking site Lvmama.com, has raised RMB1 billion ($150 million) through a private placement on the National Equities Exchange and Quotations (NEEQ), also known as the New Third...
Taiho Ventures, the newly established VC arm of Japan’s Taiho Pharmaceutical, has participated in a $70 million Series B round of funding for Arcus Biosciences, a US-based start-up that develops cancer drugs.