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
Singapore-based venture capital firm DMP has led a $3 million Series A round for Malaysian financial technology start-up Jirnexu.
B Capital Group, a VC firm launched by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Velos Partners and Bain Capital, has reached a first close on a US and Asia-focused fund, which has a full target of $250 million.
Corporate VC funds operated by real estate developer CapitaLand, cloud services provider DeClout, agriculture company Wilmar International and logistics provider YCH Group will share S$40 million ($29 million) in seed funding from Singapore’s National...
Warburg Pincus will open an office in Singapore to improve its ability to identify and evaluate investment opportunities in Southeast Asia.
Mekong Capital has reached a final close of $112 million on its fourth Vietnam-focused fund. The original target for the vehicle was $150 million.
Nick Bloy and Rodney Muse have spent 18 years as managing partners of Navis Capital Partners. They see mutual respect, friendship and a consistent investment strategy as the key to this longevity
The International Finance Corporation (IFC), the investment arm of the World Bank, has teamed up with Hong Kong-based ADM Capital to launch a lending platform to support small and medium-sized enterprises (SMEs) in Asia.
Tower Capital, a vehicle controlled by former 3i and Actis Capital Partners executive Danny Koh, is partnering with Temasek Holdings in a S$269 million ($196 million) takeover bid for traditional Chinese medicine (TCM) operator Eu Yan Sang International.
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $7.5 million in a PE fund managed by Singapore's Emerging Markets Investment Advisers (EMIA).
Malaysian state-controlled investment fund Khazanah Nasional has invested $100 million in Fractal Analytics, a data analytics provider based in India and the US.
Singapore mobile technology company Tagit has secured S$12 million ($8.8 million) for an international expansion effort from SRA Group, a Japanese IT systems developer and operator.
Singaporean port terminal operator PSA International has launched a logistics-focused venture capital arm with an initial fund size of S$20 million ($14.6 million).
An unbalanced global cybersecurity market – currently weighted heavily toward the US – is slowly finding its feet in Asia. But opportunities in the expected boom may not be intuitive to newcomers
PayPal has launched an incubation program in Singapore that will offer infrastructure, mentorship and direction to local financial technology start-ups. It will begin operations in June.
Baring Private Equity Asia has agreed to buy a 35% stake in Telus International, the business process outsourcing (BPO) arm of Canadian telecom company Telus, at a post-deal valuation of C$1.2 billion ($930 million).
Singapore-listed private equity firm TIH has purchased a majority stake in a resources and healthcare-focused portfolio from a unit of Temasek Holdings for S$62 million ($45.8 million).
InVent's commitment to Wongnai represents the first-ever Series B round for a Thai start-up from a local VC firm. The company wants to use its dominant position in online restaurant reviews to enter other verticals
As Thailand’s government signals its intention to embrace venture capital, the harder but less visible work of transforming a traditionally risk-averse culture grinds on
Institutional investors rank Southeast Asia and India as the most attractive emerging markets for GP investment, but there is also an awareness of the risks