Waterman Capital has invested in New Zealand-based food delivery platform My Food Bag (MFB).
China Everbright (CEL) and IDG Capital Partners have acquired a 9.3% stake in China UnionPay Merchant Services (UMS), a third-party payment provider, for RMB2 billion ($297 million).
Singapore's Temasek Holdings has committed $250 million to hospital operator Columbia Pacific Management for a joint venture in China.
China-based B2B liquor-trading platform Yijiupi has raised a $100 million Series C round led by existing investor Greenwoods Asset Management.
PAG Asia Capital has agreed to invest in Paradise Group Holdings, a Southeast Asia-based restaurant chain with over a dozen brands and more than 60 outlets.
VC-backed Indian baby and child-focused retailer FirstCry.com has acquired rival children's store chain and e-commerce outlet Babyoye.
Indian online news aggregator Dailyhunt has raised a $25 million Series D round led by ByteDance, a Chinese VC-backed online content provider.
Shanghai-based bike rental service start-up Mobike has raised a Series C round of funding led by Hillhouse Capital, Warburg Pincus and Tencent Holdings.
Chinese search giant Baidu has established a RMB20 billion ($3 billion) investment fund, called Baidu Capital, to target mid- and late-stage deals in the internet industry.
Voting for the 2016 AVCJ Private Equity & Venture Capital Awards runs until October 28.
Xueleyun, a Chinese education platform, has raised a $200 million Series C round led by China-based PE firm New Horizon Capital. Existing investors GSR Ventures and Huaxin Shiji Investment also participated in the round.
Ofo, a Chinese online-to-offline (O2O) bike-sharing platform, has raised a $130 million Series C round of funding across two tranches.
Emerald Media, a pan-Asian media and entertainment investment platform founded by KKR, has committed $50 million to India and US-based video-streaming provider YuppTV.
The International Finance Corporation (IFC) has invested $11 million in Indonesia-based Aneka Gas Industri as part of the gas production company’s domestic IPO.
Consolidation is becoming a dominant theme in China’s internet industry as ever more sophisticated companies use M&A as a means of remaining dominant in their core areas and exploring new ones
Eight Roads Ventures Japan has led a JPY1.2 billion ($11.8 million) investment in Toreta, a Tokyo-based reservation and customer management platform aimed at restaurants.
EDBI, the corporate VCs arm of Singapore's Economic Development Board, has joined a $40 million Series D round for Shape Security, a US-based provider of online security technology.
Efficient Drivetrains produces powertrain systems suitable for electric vehicles and hybrids, leveraging automakers desire to meet emissions requirements without building costly in-house operations. H&A Asia Pacific is financing a wider geographic roll-out
Sequoia Capital has led a $51 million funding round for Indian cloud data security and information management solutions provider Druva.
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.
The rise of e-commerce in China has placed traditional retailers under pressure, but private equity investors are still finding opportunities with concepts that integrate online and offline
A confluence of macro influences is driving demand for modernized logistics in India. Private equity is likely to benefit in a number of areas, but informed targeting and value-add approaches will be key
UK development finance institution CDC Group has invested INR3.3 billion ($49.7 million) in Indian private lender RBL Bank.
Boss Zhipin, a Chinese recruitment app, has raised a $28 million Series C round across two tranches of funding.