India's Green House Ventures (GHV) Accelerator will partner with Japan and US-based early-stage investor World Innovation Labs (WiL) to launch a INR3.5 billion ($52 million) fund for investments in Indian start-ups.
KKR will exit India-based Gland Pharma as Shanghai Fosun Pharmaceutical acquires a majority stake in the business for up to $1.26 billion. KKR’s share of the proceeds will be $576.3 million, more than twice what it invested in Gland in 2014.
World Innovation Lab (WiL) has led a JPY1.1 billion ($10.6 million) investment in Japanese social media-oriented restaurant guide operator Retty.
Clio Cosmetics hopes to leverage Korea's entertainment appeal throughout Asia
Wonder Workshop, the children's robotics manufacturer that recently agreed a distribution partnership with Chinese online retailer JD.com, has raised a $20 million Series B round to support further expansion in China.
Indian boutique investment bank O3 Capital has launched a fund targeting $120-150 million that will focus on domestic, early-stage hospitality sector investments.
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).
Eight Roads Ventures has led a $15 million Series B round of funding for Paidy, a cardless payment and instant credit service offered by Japanese financial technology platform Exchange Corporation.
Japanese corporate analytics platform Abeja has raised a JPY530 million ($5 million) Series B round from Innovation Corporation of Japan (INCJ) and Archetype Ventures.
Allegro Funds Group has exited Australia-based Vulcanite Holdings to German multinational Continental, five years after acquiring the molded rubber parts specialist through a management buyout.
Partners Group has committed $200 million to the creation of a portfolio of solar power plants in Taiwan over the next three years.
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
Innovation Network Corporation of Japan (INCJ) has led a $16 million funding round for Tokyo-based chemical sensor developer Atonarp.
Bluestone's work to reshape India's jewelry industry and change customers' attitudes appeals to the domestic VC firm
From movie financing deals to production house acquisitions, Chinese capital is flooding into Hollywood with a view to potential windfalls back home. Should investors believe the hype or wait for the reviews?
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
IDG Capital partners has led a consortium to buy Ledvance, the lamps business of German lighting manufacturer Osram, for more than EUR400 million ($440 million).
Myntra, the Indian fashion retailer backed by e-commerce giant Flipkart, has agreed to buy its main rival Jabong from Rocket Internet's Global Fashion Group (GFG).
Singapore’s Temasek Holdings has led a $105 million Series F round of funding in Sprinklr, a US-based social media company targeting growth in Asia Pacific.
The QIC Global Infrastructure Fund and Future Fund have committed A$800 million ($598 million) to the Powering Australian Renewables Fund (PARF), a vehicle launched by domestic electricity provider AGL Energy to bankroll large-scale renewable energy projects.
Indian classifieds site Quikr has acquired Hiree, an online hiring platform focused on white collar jobs and backed by IDG Ventures.
Australian life sciences-focused VC firm Brandon Capital has expanded the mandate of its third Medical Research Commercialization Fund (MRCF) to include New Zealand.
Yonghong Tech, a Chinese big data analytics software provider, has raised RMB200 million ($30 million) in Series C funding from Tencent Holdings’ VC unit, Yuansheng Capital, Oriental Fortune Capital, and Matrix Partners.
Alibaba Pictures, the Chinese internet giant’s Hong Kong-listed film and entertainment unit, has launched a RMB2 billion ($300 million) fund that will make movie and TV-related investments.