Corporate venture capital investment can fill an important niche in supporting Southeast Asia’s start-up ecosystem, industry participants told the AVCJ Singapore Forum.
Texas County & District Retirement System (TCDRS) has committed $30 million to IDG Capital’s latest China venture capital fund – the first to be raised since the GP acquired the global investment business of International Data Group (IDG).
Singapore Management University (SMU) has partnered with Kairos ASEAN to launch a venture capital fund run by and for university students.
The flood of new arrivals in Singapore’s accelerator space means there are often too many groups chasing relatively few high-quality start-ups. Diversification and specialization is the key to survival
Middle-market private equity firm Cathay Capital Private Equity has closed its first venture capital fund at $320 million with a mandate spanning China, Europe, and North America.
Sanjeev Aggarwal (pictured), a co-founder of Indian VC firm Helion Venture Partners, has joined Infosys co-founder Nandan Nilekani to launch a new VC fund focused on technology start-ups.
Secondary investors are seeing more deal flow in the venture capital space as GPs seek to generate returns on assets that are taking longer than expected to go IPO. Valuations remain a sticking point
Gordian Capital, a Singapore-based asset manager, has confirmed Beenext Capital Management as its second venture capital spin-out this week.
Government-back fund-of-funds Korea Venture Investment Corporation (KVIC) and Applied Ventures, the VC arm of US-listed technology developer Applied Materials, have jointly launched a fund focused on Korea start-ups.
IDG Capital has completed a secondary deal worth nearly $600 million, selling down LP positions in at least seven funds managed by affiliates in India and Vietnam as well as by the GP itself in China. These holdings were acquired as part of the purchase...
The team behind Qualgro ASEAN, a venture capital fund established under Singapore asset manager Gordian Capital in 2015, has spun out to form an independent VC firm.
Expara Thailand and Premier Advisory Group have been appointed to manage two funds with a combined corpus of $44 million that are intended to push forward the country's financial technology agenda
Intudo has raised $10 million for a venture capital fund that will bring fast-growing start-ups from Silicon Valley and China to Southeast Asia
PingCap, a Beijing-based start-up that provides database solutions for enterprise customers, has secured a $15 million Series B round led by China Growth Capital.
Intudo Ventures, a newly-formed Indonesia-focused VC firm, has raised $10 million for its debut fund that will co-found and invest in early-stage companies.
Fireside Ventures, an Indian VC firm set up by Helion Venture Partners co-founder Kanwaljit Singh (pictured), has reached a first close of INR1.8 billion ($28 million) on its debut fund.
IDG Ventures India has joined Unilever Ventures and Amazon Web Services (AWS) for an initiative aimed at supporting early-stage technology start-ups in India.
Beacon Venture Capital, the VC arm of Thailand-based Kasikorn Bank, has launched a fund aimed at financial technology start-ups with a corpus of THB1 billion ($29 million).
Legend Capital has closed its seventh China-focused venture capital fund at $448 million. The vehicle is smaller than the firm’s previous vehicle – which raised $500 million in about five months – and spent longer in the market.
Sequoia Capital has topped up its fourth India fund – having closed the fifth country vehicle early last year – and disclosed that its most recent China growth vehicle closed at $899.5 million.
Having been supported by fund-of-funds when raising its first China healthcare vehicle, Lyfe Capital has added pension funds, endowments and family offices to its $420 million second fund
For its $67 million second fund, Gree Ventures has added India to its existing Japan and Southeast Asia coverage with a view to facilitating wider cross-border collaboration
China-based healthcare specialist Lyfe Capital has raised more than $420 million for its second fund, which comprises parallel US dollar and renminbi-denominated tranches.
Rahul Chandra, co-founder and managing director at India-based Helion Venture Partners, is looking to raise $100 million for an early-stage fund. He will retain his existing portfolio management responsibilities at Helion.