IMM Private Equity has agreed to buy a majority stake in W Concept Korea, an own-brand online clothing retailer owned by ISE Commerce, a multi-strategy Korean e-commerce business.
China-focused GP Hony Capital has agreed to acquire a 30% interest in Duemmei, owner of Italian fashion brand Mr & Mrs Italy.
Affinity Equity Partners, which already owns Burger King in South Korea, has assumed control of the fast food chain’s master franchise for Japan.
Australia’s Square Peg Capital has led a S$18 million ($13.3 million) funding round for Singapore-based restaurant app operator Chope.
Lefit, a China-based online-to-offline (O2O) fitness platform, has raised a RMB300 million ($46 million) Series C round of funding led by Hillhouse Capital.
William Shen, formerly head of Greater China at Headland Capital Partners, has become CEO of CRE Alliance, a private equity joint venture between China Resources Enterprise (CRE) and Great Wall Asset Management.
TPG Capital has sold its stake in Myanmar Distillery Company (MDC), the producer of Grand Royal Whisky, as a Thailand-based strategic acquired a majority interest in the business.
China's Tencent Holdings has led a $1.1 billion investment in Indian ride-hailing app developer Ola. The company is in talks with other investors to raise a further $1 billion as an extension of this funding round.
Shanghai-listed clothing company Heilan Home has agreed to acquire a 44% stake in China babywear company Yeehoo Apparel, which is controlled by Lunar Capital, for RMB660 million ($99.6 million).
The Philippines was praised for its political stability as investor wariness around President Rodrigo Duterte’s crackdown on drugs became a recurring talking point at the AVCJ Philippines Forum.
Huishoubao, a Chinese online recycling platform for electronic devices, has raised a RMB300 million ($46 million) Series B round led by Asia-focused private equity firm Strait Capital Investment Group.
Existing investors All-Stars Investment and Ctrip have jointly led a $300 million Series E round of funding for China’s Tujia, valuing the online accommodation-booking platform at over $1.5 billion.
Airtasker, an Australian peer-to-peer jobs and services marketplace operator, has raised a A$33 million ($25.7 million) funding round led by Skyfield Capital.
Singapore-headquartered mobile internet and gaming platform Sea aims to raise up to $800 million in its upcoming IPO on the New York Stock Exchange.
Indian car, motorcycle and bicycle rental company Drivezy has received a $10 million funding round from a group of investors including Das Capital, Axan Ventures, CrowdWorks and IT-Farm.
Globis Capital Partners has joined a group of venture capital firms in a JPY740 million ($6.5 million) funding round for Lifestyle Design, the Japanese operator of men’s custom-made fashion marketplace LaFabric.
The Abraaj Group has invested an undisclosed sum in Cinepax, with a view to helping the Pakistan-based cinema operator more than triple in size over the next four years.
PE and VC investors are increasingly active across the breadth of Japan’s education sector, armed with an evolving set of targeting criteria and growth strategies intended to exploit sweeping social changes
A start-up aiming to improve Chinese children's access to sports training receives the backing of sport-focused GP Yao Capital
Permira will realize a gross multiple of 2.9x on its investment in Sushiro Global Holdings – the sushi restaurant chain it took public in Tokyo earlier this year – having agreed to sell its remaining stake to the parent company of Genki Sushi.
China Broadband Capital (CBC) and Ocean Link – a travel and tourism-focused PE firm – have jointly led a $40 million Series C round for Yitiao, a Chinese online platform that offers lifestyle video content and retail services.
Singapore-based advertising technology company AdAsia Holdings has closed its Series A funding round at $14.5 million after receiving a $2.5 million investment from angel investor Hisanori Watanabe and Japanese news app provider Gunosy.
Advantage Partners has sold Japanese massage chain Riraku back to one of the company's co-founders at a valuation of $300 million, having successfully executed its expansion strategy
Chinese kindergarten operator RYB Education closed up 40% on its first day of trading in New York following a $144.3 million IPO. Ascendent Capital Partners made a partial exit through the offering.