GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.
Chinese bike-sharing operator Hellobike has raised $350 million in a Series D round of funding from several investors including Alibaba Group’s Ant Financial and Chengwei Capital.
Innovation Network Corporation of Japan (INCJ) and Tokyo-based asset manager Sparx Group have agreed to invest at least JPY6.4 billion ($57 million) in household robot maker Groove X.
Australian surfwear brand Billabong International has received a A$198 million ($150 million) non-binding buyout offer from Boardriders, owner of the Quiksilver brand. Both companies are backed by Oaktree Capital Management.
Kuaikan Comic, a mobile app that focuses on Chinese comic books, has raised a $177 million Series D round of funding led by Coatue Management.
SoftBank Group’s investment in Indian e-commerce giant Flipkart, which is expected to facilitate an exit for several existing investors, is being reviewed by the country's competition regulator.
Legend Capital has led a $37.5 million Series D round for ALO7 Network Technology, which develops English learning materials for Chinese K-12 students.
Gaja Capital has led a INR850 million ($13.2 million) funding round for Indian consumer products company Chumbak Design.
Baring Private Equity Asia and CITIC Capital have agreed to acquire English language training provider Wall Street English (WSE) in a deal that will deliver cash proceeds of around $300 million to existing owner Pearson.
RYB Education, a private equity-backed Chinese kindergarten operator that listed in New York two months ago, has seen its stock price collapse in response to child abuse claims.
Inagora, a VC-backed e-commerce platform that supplies Japanese products to Chinese consumers, has received $68 million in Series C funding from Itochu Corp, KDDI Corporation, and SBI Holdings.
Indian interior design company HomeLane, which is backed by Aarin Capital and Sequoia Capital, has bought Accel Partners-backed online furniture marketplace Capricoast.
Bain Capital Private Equity will divest its remaining 15% stake in Japanese restaurant operator Skylark, completing a gradual sale of the business it acquired in 2011 and took public three years later.
Southeast Asia-focused retailing services provider aCommerce has received $65 million in Series B funding to support not only geographical expansion but also a move into B2B to complement existing B2C capabilities
Oriental Cambridge Education Group was already a leader in China’s early childcare market when CITIC Capital acquired it in 2014. The GP has strengthened the company to tackle new challenges
Hong Kong-based special situations investor SSG Capital Management has paid an undisclosed sum for a 34.4% stake in a UK subsidiary of Indian travel company Cox & Kings (C&K) known as Prometheon Holdings.
Tencent Holdings has led a $40 million Series C round of funding for Shenzhen-based Ubtech Robotics, a humanoid robot maker backed by CDH Investments and Goldstone Investment.
Emerald Media, an Asian investment platform created by KKR, has led a $65 million Series B funding round for Thailand-based online retailing services company aCommerce.
Australia’s Quadrant Private Equity has purchased amusement arcade operator Timezone Group as the first part of a buy-and-build strategy in the family and children’s entertainment market.
Dutch pension fund manager APG Asset Management has committed $175 million to Virtuous Retail South Asia (VRSA), its India-focused retail joint venture with London-based emerging markets investment firm Xander Group.
Accel Partners has invested about INR1 billion ($15.3 million) in Universal Sportsbiz (USPL), an Indian fashion retailer that focuses on sports apparel under the name Collectabillia.
China-focused GP Primavera Capital and Paris-listed investment firm Eurazeo have together invested in WorldStrides, a US-based provider of study-abroad programs for high school and university students, with a view to supporting expansion in Asia and Europe.
Goldman Sachs and China Investment Corporation (CIC) have launched a private equity fund that is seeking to raise $5 billion to invest in US companies. The initiative is part of efforts to strengthen trade relations between the two countries.
Private equity-backed Vincom Retail, the leading shopping mall operator in Vietnam, has completed the country’s largest-ever IPO, after increasing the size and pricing of its offering to raise VND16.8 trillion ($740 million).