As Indonesia’s start-up space matures, with ever more capital pouring in, VC players recognize that exits are the key to creating a sustainable investment environment. However, it is still early days
US venture capital firm Wavemaker Partners has taken over the venture portfolio of Thailand-based Ardent Capital.
Waterbridge Ventures, an India-based VC firm founded by angel investor Manish Kheterpal, has reached a first close of $5 million on its fund targeting early and seed-stage investments.
Indian logistics management software developer FarEye has raised a $3.5 million Series A round from SAIF Partners.
Chinese state-owned Poly Real Estate Group has set up a private equity fund worth RMB2.5 billion ($380 million) to invest in Chinese leading ride-hailing app Didi Chuxing as part of its latest round.
Japanese financial services company SBI Holdings has acquired a 35% stake in the venture arm of Investment & Capital Corporation of the Philippines (ICCP) with an aim to co-manage a VC fund.
Golden Gate Ventures has raised a new $60 million fund for investments in Southeast Asia's burgeoning mobile internet sector
VC-backed UrWork, a co-working space provider for Chinese start-ups, has completed a pre-Series B round worth RMB300 million ($46 million) from Chinese commercial property developers Yintai Land and Zhongrong International Trust.
VC-backed Chinese vacation-rental website Tujia.com has agreed to take control of its industry peer Mayi.com, which has also received venture investment, for an undisclosed sum.
Jafco has led a $20 million Series A financing round for Quoine, a Singapore-based bitcoin trading platform.
Asia's micro VC segment is gaining appeal as diversity among fund managers grows
NewMargin Ventures has led a RMB70 million ($10.6 million) Series A round of funding for Flower Plus, a Chinese mobile flower ordering platform.
The Australian Private Equity & Venture Capital Association (AVCAL) is urging major political parties to do more to help scale up domestic companies ahead of a federal election next month.
India's Central Board of Direct Taxes (CBDT) has implemented an exemption on income taxes for investments in some start-ups.
Chinese healthcare-focused GP HighLight Capital has led a RMB50 million ($7.6 million) Series B round for Jun He Tang, a traditional Chinese medicine (TCM) business, followed by existing investor Qiming Venture Partners.
SAIF Partners has led a $12 million Series A round for Indian online tax filing website ClearTax.
Indian personalized fashion portal Voonik has raised a $20 million Series B round of funding led by existing investor Sequoia Capital.
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has committed JPY600 million ($5.8 million) to Japanese internet-of-things (IoT) company Soracom.
Beibei, a Chinese maternal and infant products e-commerce platform, has raised $100 million in a new round of funding led by existing investors Northern Light Venture Capital (NLVC) and New Horizon Capital.
Fenqile, a Chinese installment payment platform, has received $235 million from investors including Huasheng Capital, CoBuilder Partners and an unnamed Chinese insurance company.
Singapore-based Golden Gate Ventures has closed its second early-stage venture fund focused on Southeast Asia at $60 million.
H&Q Asia Pacific has led a RMB200 million ($30 million) Series B round of funding for Huizuche.com, a Chinese car rental platform for outbound tourists.
Japanese start-ups are looking to address global markets from day one, but few domestic venture capital firms are equipped to support cross-border strategies. Corporate VCs could provide the solution
Singapore real estate developer CapitaLand has set up a dedicated VC unit – known as C31 Ventures – to support global tech start-ups. This comes after the company received funding under the early stage venture fund program (ESVF) to make investments...