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.
Singapore government-backed investment group Temasek has raised $510 million through its issuance of bonds backed by 34 private equity funds.
Golden Gate Ventures has raised a new $60 million fund for investments in Southeast Asia's burgeoning mobile internet sector
Jafco has led a $20 million Series A financing round for Quoine, a Singapore-based bitcoin trading platform.
Myanmar’s relatively abrupt transformation from impoverished pariah to upbeat high-growth investment target has resulted in some interesting challenges for private equity and venture capital
TPG Capital’s growth unit has agreed to buy a 40% stake in One Network Bank (ONB), the rural subsidiary of mainstream Philippines lender BDO. Financial terms were not disclosed.
IBM has launched an accelerator in Singapore that will help Asia Pacific start-ups commercialize blockchain technology and the cognitive computing system known as Watson.
The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, has begun the initial disbursement of a $250 million loan to private equity-backed Apollo Towers Myanmar.
VinaCapital Investment Management has led a $30 million funding round for Vietnamese wood-working and decorative materials manufacturer An Cuong.
Singapore-based Golden Gate Ventures has closed its second early-stage venture fund focused on Southeast Asia at $60 million.
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...
Navis Capital Partners and Symphony International Holdings have acquired Christian Liaigre Group, a French luxury furniture brand that is looking to expand in Asia, from Bridgepoint Development Capital for an undisclosed sum.
KKR has made its first PE investment in Indonesia by acquiring a 10.4% stake in agri-food company Japfa Comfeed for $81.2 million.
Navis Capital Partners has agreed to acquire a controlling stake in Macau-based footwear component supplier ISA Industrial.
A unit of Singapore government-backed investment group Temasek has issued $504 million in bonds backed by 34 private equity funds.
Malaysia-based gym membership app KFit, which is supported by Sequoia Capital and Venturra Capital, has agreed to acquire Groupon’s Indonesia business.
Navis Capital Partners is seeking to raise up to MYR750 million ($183 million) for its second Malaysia-dedicated fund.
State-controlled telecommunications company Telkom Indonesia has terminated its acquisition of TeleGuam on the US island of Guam from Japan’s Advantage Partners.
A group of VCs are aiming to leverage an encouraging outlook for the autonomous vehicle industry by funding a Singapore-focused start-up that is offering significant competition to the major corporates that dominate this space
Althea, a South Korean cosmetics e-commerce site that markets primarily to Southeast Asia, has raised a $3.5 million Series A round from a group of investors including Mirae Asset Ventures, Cherubic Ventures and 500 Startups.
Singapore-based mobile gaming platform developer Cloud Alliance has raised $5 million in Series A funding from Aetius Capital.
L Capital Asia has taken a significant minority stake in a company that has acquired the global rights to Jones the Grocer, a gourmet food retailer that originated in Australia.
Highland Capital Partners has led a $16 million Series A investment in NuTonomy, a US tech developer aiming to commercialize a driverless taxi fleet in Singapore by 2018.
Mekong Capital hopes to continue its success in Vietnam's consumer sector with the $112 million Mekong Enterprise Fund III, relying on a value creation model that is now tried and tested