Japanese venture capital investor Jafco Asia has led a Series B round of funding for US games developer Playnery. The value of the transaction was not disclosed.
North Asia | 05 Dec 2013 |
Ride On Express, a Japanese food delivery franchise operator backed by Jafco Ventures, saw its stock open at JPY3105 per share - a 55% premium on the offering price - on its first day of trading. The company earlier raised JPY2.3 billion ($22 million)...
North Asia | 04 Dec 2013 |
Hong Kong-listed software developer Kingsoft is not in desperate need of capital. It posted a net profit of RMB466.4 million ($76.6 million) in 2012, up 39% year-on-year, and its cash reserves stood at RMB2.4 billion for the year. Furthermore, in July...
Venture | 04 Dec 2013 |
Richard Liu has spent 14 years investing in tech, media and telecom for Morningside Technologies. He has witnessed increasing competition, ups and downs in e-commerce, and the rise of the domestic super angel
Venture | 04 Dec 2013
Lightspeed China likes disruptive business models that build up traction online and then use the momentum to gain a foothold offline as well. This has worked to good effect with Meilele, an online furniture retailer that now has a network of 200 offline...
Greater China | 04 Dec 2013
Shenzhen-listed film and television producer Huace Media has picked up a 20% stake in Herun Media, a Beijing-based marketing specialist backed by several domestic VCs, for RMB104 million ($17 million).
Greater China | 03 Dec 2013 |
Accel Partners and Ventureast have contributed INR480 million ($7.69 million) in Series A funding for Indian home healthcare provider Portea Medical.
South Asia | 03 Dec 2013 |
Itochu Ventures and Mizuho Capital have led a JPY330 million ($3.2 million) Series B round of funding for Retty, the Japanese start-up behind the restaurant app of the same name.
North Asia | 03 Dec 2013 |
Carrier billing provider Coda Payments has raised $2.3 million in Series A funding from GMO Global Payment Fund, Rakuten Ventures, CyberAgent Ventures, and return backers Golden Gate Ventures and Skype co-founder Toivo Annus.
Southeast Asia | 03 Dec 2013 |
Blackbird Ventures has invested A$250,000 ($227,645) to lead a A$500,000 round of funding for Melbourne-based CoinJar, a bitcoin wallet and exchange provider. Angel investors in the round include RetailMeNot founders Guy King and Bevan Clark and game...
Australasia | 02 Dec 2013 |
Highland Capital Partners has provided approximately $10 million in Series A funding to Etaoshi, a Chinese online food ordering and delivery platform. Several undisclosed domestic venture capital firms also participated in the round.
Greater China | 29 Nov 2013 |
IvyCap Ventures has led a INR310 million ($5 million) round of funding for Aujas Networks, an information risk management (IRM) service provider. Existing investor IDG Ventures India, along with new entrant Rajasthan Venture Capital Fund (RVCF), also...
South Asia | 29 Nov 2013 |
China Broadband Capital (CBC) has provided a Series B round of funding for Breadtrip.com, an online travel platform. The company has now raised about $10 million across two rounds.
Greater China | 29 Nov 2013 |
Sequoia Capital has invested $15 million in a first round of funding for Girnar Software, which owns the automotive marketplace Cardekho.com. The funds will be used to support the marketplace's expansion plans.
South Asia | 28 Nov 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
, Four Seasons Hotel, Sydney