Ocean Link, which claims to be the first PE firm dedicated to investing in China’s travel and tourism sector, has received backing from General Atlantic and domestic online travel agency Ctrip.
New Zealand’s Spotlight Reporting, a cloud-based accounting services provider, has received NZ$5 million ($3.6 million) in Series A funding from investors including the Global from Day One (GD1) Fund II.
Net1, a NASDAQ-listed payment services provider with a presence in South Africa and Korea, has committed $40 million to Mobikwik, an Indian mobile wallet start-up that has received several rounds of VC funding.
Testin, a China-based mobile app testing service provider, has completed a $30 million round of funding led by an undisclosed US dollar-denominated venture fund.
Monk's Hill Ventures and Kickstart Ventures, a unit of Philippines telecommunications company Globe Telecom, have invested in Manila-based real estate marketplace ZipMatch.
Indian private equity firm Paragon Partners has led a INR1.1 billion ($16.5 million) investment in domestic engineering components supplier Maini Precision Products (MMPL).
Kerogen Capital, a Hong Kong-headquartered GP specializing in international energy investments, has closed its second fund at $830 million.
Navis Capital Partners will complete its exit from WorldMark Group after agreeing to sell the Australia-based after-market car services provider to Quadrant Private Equity. Following the earlier sale of WorldMark’s consulting business, total proceeds...
Chinese healthcare-focused VC firm I-Bridge Capital has launched a joint venture (JV) with Israeli biopharmaceutical company BioLineRx that will target cross-border penetration of Chinese markets.
Ebaoyang, a Chinese on-demand car maintenance services provider, has received an initial RMB150 million ($23 million) for its Series C round from One Capital and existing investor Source Code Capital. The round has yet to close.
Quadrant Private Equity has acquired a majority stake in Injury Treatment, an Australia-based provider of injury prevention and rehabilitation services to employers and insurers, for an undisclosed sum.
Chinese mobile healthcare services provider Shanghai KingYee and its independent unit Quyiyuan - which operates a medical services booking app - have raised a combined RMB313 million ($47 million) in their latest rounds of funding.
Cube Highways and Infrastructure, the India toll road and transportation investment platform of I Squared Capital, has bought a toll road asset from IL&FS Transportation Networks for INR1.4 billion ($20.9 million).
Singapore private equity firm ESW Manage has led a S$6 million ($4.4 million) Series B round of funding for domestic financial technology company MC Payment.
IDG Capital Partners and the chairman of KongZhong Corporation have submitted a revised take-private bid for the US-listed Chinese online game developer worth approximately $338 million.
CDH Investments, the largest PE shareholder in WH Group, will raise HK$9.25 billion ($1.19 billion) by exiting a 10.6% stake in the Chinese pork processor.
SeaLink Capital Partners and the International Finance Corporation have committed a INR 1 billion ($14.9 million) Series C round to India-based dialysis clinic chain NephroPlus.
Gobi Partners and Kaitai Capital have jointly led a RMB95 million ($14 million) Series A round of funding for Momfo, a Chinese property financing platform.
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.
Ford Motor Company has led a $24 million Series B round of funding for India-based car rental start-up Zoomcar, alongside existing investors Sequoia Capital, Nokia Growth Partners (NGP) and Empire Angels.
Singapore-based digital payments services company Coda Payments has closed a $2 million round of funding with participation from Japan’s IMJ Investment Partners.
Insta360, a Shenzhen-based virtual reality (VR) camera maker backed by several VC investors, has received an undisclosed sum of funding from Chinese electronics retailer Suning Commerce Group.
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $125 million in Hero Future Energies (HFE), a renewable energy platform based in India.
Innovation Network Corporation of Japan (INCJ) has committed to invest up to JPY700 million ($7 million) in a fresh round of funding for domestic industrial materials specialist Nakayama Amorphous.