The investment arm of Singapore's Economic Development Board (EDBI) has made an undisclosed commitment to an Asia Pacific expansion drive by US-based analytics company RetailNext.
Singapore-based digital payments services company Coda Payments has closed a $2 million round of funding with participation from Japan’s IMJ Investment Partners.
Ashish Shastry, managing partner at Indonesia-focused Northstar Group, has agreed to join KKR. He will start work later in the year as head of Southeast Asia, succeeding Ming Lu, who was promoted to co-head of Asia private equity in 2015, according to...
US-based Platinum Private Equity has agreed to acquire two Chinese manufacturing units from Singapore’s Broadway Industrial Group for S$150 million ($111 million).
Navis Capital Partners has paid MYR61.8 million ($15.3 million) to Malaysian government-backed PE firm Ekuinas for a 20% stake in local cosmetics brand Alliance Cosmetics Group.
Singapore's Temasek Holdings has exited its stakes in Bharti Airtel and Intouch, telecommunications service providers based in India and Thailand respectively, to Singapore Telecommunications (SingTel) for a total of S$2.5 billion ($1.8 billion).
Metra Digital Innovation Ventures (MDI), the corporate venture arm of state-controlled telecommunications firm Telkom Indonesia, has led a funding round for Singapore-based online payment solutions provider Red Dot Payment.
Malaysian VC firm FirstFloor Capital has led a EUR13 million ($14.5 million) Series C round for Estonian energy storage system developer Skeleton Technologies to support its growth plans in Southeast Asia.
As a single-country player with a dominant position across verticals ranging from transportation to payment, Indonesia-based Go-Jek is tipped to overcome its rivals. A consortium of investors has committed $550m to make this happen
Japanese corporate analytics platform Abeja has raised JPY200 million ($2 million) in Series B funding from PNB Inspire Partners, a domestic investor aimed at helping companies expand into Southeast Asia and Islamic countries.
US private equity firm SCF Partners and Australia's Viburnum Funds have agreed to acquire the Asia Pacific subsea services business of Netherlands-based Fugro.
Singapore’s Golden Gate Ventures has committed $2.5 million to a Series A funding round for Indonesian healthcare information portal operator Alodokter.
State-controlled Telkom Indonesia has partnered with Australia’s Telstra Ventures to pursue venture capital investment opportunities in Southeast Asia.
Indonesian mobile ride-hailing and delivery platform Go-Jek has received $550 million from investors including KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets.
Sequoia Capital India has led a $7.5 million Series A round for Singapore-based crowdfunding platform Funding Societies.
Vietnam-focused Mekong Capital has announced the second investment from its latest fund – cold chain logistics provider ABA Corporation – and also promoted Thanh Giang Vu Pham and Truong Dieu Le to partner. It now has four partners in total.
The Singapore Exchange has found limited success in attracting regional tech IPOs. Investors say it needs greater flexibility and understanding to grab a piece of the market
Fee discounts and co-investment often dominate GP-LP discourse, but longer-term issues surrounding economics and governance are increasingly important to negotiations over some Asian GPs’ fund terms
Rakuten Ventures, a corporate VC arm of Japanese e-commerce giant Rakuten, has led a $35 million Series B round of funding for Singaporean online flea market shopping app operator Carousell.
The International Finance Corporation (IFC), the investment arm of the World Bank, has committed $200 million to its IFC Emerging Asia Fund (EAF).
Singapore sovereign wealth fund GIC Private saw its returns slow over the past year and warned the combination of high asset valuations, low interest rates and uncertain growth is likely to weigh on performance over at least the next decade.
Ekuinas, a private equity firm backed by the Malaysian government, has acquired a 35% interest in Al-Ikhsan Sports, the country’s leading sportswear retailer, for MYR68.6 million ($16.9 million).
By acquiring Simba, Creador has entrenched itself in a small but fast-growing Indonesian cereal story. Now it will take logistical and marketing expertise to realize the potential of the local consumer market
Rocket Internet has played a major role in developing Southeast Asia’s e-commerce sector, but industry players say the firm’s most lasting effect will likely be the large talent pool that it is creating in the region