Thailand's Siam Commercial Bank (SCB) has formally announced a financial technology investment strategy aimed at improving customer experience while encouraging domestic start-ups to keep up with changes in the global market.
Rocket Internet and Sweden's AB Kinnevik have committed another EUR30 million ($33 million) to emerging markets-focused online fashion portal Global Fashion Group (GFG).
EQT Partners has agreed to sell its 49% stake in Singapore’s Econ Healthcare to the company’s founder Chu-Poh Ong ahead of a regional expansion initiative.
Japan’s SBI Investment has led a $17.5 million Series B funding round for Thailand-based online payment services provider Omise.
Asia continues to offer buyout opportunities, but funds looking to take advantage of them must define their benefits to company leaders, industry leaders told the AVCJ Singapore Forum.
Singapore’s Vickers Venture Partners has reached an S$86 million ($63.3 million) first close for its fifth fund, which is targeting early and expansion stage Asian companies.
Singapore conglomerate Keppel Corporation has raised $410 million for two private equity funds – to be operated by its asset management arm – that have a combined target of $1.5 billion.
The Poseidon Group, a Hong Kong and Singapore-based due diligence and business intelligence provider, has been acquired by global regulatory risk and compliance player Exiger.
Southeast Asia is expected to maintain a strong level of private equity investment opportunities thanks to continued regional volatility, leading industry players told the AVCJ Singapore Forum.
US-based 500 Startups has received $8.3 million in LP commitments for its Thailand-focused early-stage fund 500 TukTuks after expanding its targeted scope on the back of increased investor interest.
The International Finance Corporation (IFC) plans to support an accelerator fund launched by Capria Ventures – an impact investment firm sponsored by Unitus – that will focus on South and Southeast Asia, Sub-Saharan Africa and Latin America.
Southeast Asia-focused e-commerce solutions provider aCommerce has raised $10 million in new funding ahead of a planned Series B round. The latest commitment is led by MDI Ventures, a corporate VC fund run by Indonesian mobile operator Telkom.
Singapore’s GIC Private has invested in a real estate fund that acquired the Hyundai Logistics Distribution Center in South Korea.
Mekong Capital has invested $6.9 million in Wrap & Roll, a Vietnamese cuisine restaurant operator aiming to expand internationally.
Continued economic integration with Southeast Asia could open the way for transformative investment opportunities, but private equity players must believe in the region’s potential before they take the plunge.
China shores up Asia investment activity, driven by tech-related deals; robust VC fundraising in China, Southeast Asia masks weak region-wide activity; volatility prolongs the exits downturn
Vietnam's private equity sector is coming into its own; future success will require GPs to maintain consistent performance levels
Deal-by-deal investment is gaining traction in Southeast Asia due to a reluctance to back blind pool funds in the region and highly localized deal-sourcing. It is unclear whether the dynamic could, or should, remain
Kyle Shaw, managing director of Shaw Kwei & Partners, discusses the value to be found in taking traditional yet complex industrial businesses and switching them to a high-end track.
Singapore’s smart nation urban development policy has attracted noticeable interest from the VC industry. The plan’s broad inclusiveness and lack of hard targets could bode well for its sustainability
Paktor, a Southeast Asia-focused mobile dating app, has raised $10 million in a new round of funding led by Japan’s YJ Capital, the corporate venture arm of Yahoo Japan.
Singapore private equity firm Hera Capital has made an undisclosed equity investment in My Social Book, a company that publishes personalized hardback scrapbooks, diaries and photo albums based on customers’ timestamped social media resources.
CVC Capital Partners has offered to buy out Hong Kong-listed Nirvana Asia, Asia’s largest funeral services firm, in a cash and stock swap deal worth $1.1 billion.
Singapore-based biotech company Aslan Pharmaceuticals has raised $23 million in a pre-IPO financing round that attracted participation from a range of new investors, including a number of Taiwanese groups.