Magmode, a China-based men’s fashion start-up, has raised $15 million in the second tranche of a Series B round led by Cathay Capital Private Equity. Existing investor Sinovation Ventures also participated.
China-focused private equity firm CDH Investments has agreed to invest in US-based SharkNinja, taking a significant stake in the small home appliances supplier for an undisclosed sum.
Tokopedia, a venture capital-backed online marketplace in Indonesia, has received a $1.1 billion funding round led by Alibaba Group that will see the Chinese e-commerce giant become a minority stakeholder.
A number of Asian venture capital firms have contributed to an extended $27 million Series B funding round for Indonesian e-commerce player Sale Stock.
Obike, a Singapore-based bike-sharing start-up, has secured a $45 million Series B round of funding.
Indian restaurant chain Barbeque Nation Hospitality has filed for an IPO that will provide an exit for its private equity backer CX Partners.
The Rohatyn Group bought Korean fried chicken franchise BHC in 2013 with a view to ironing out inefficiencies, broadening brand appeal, and pursuing bolt-on acquisitions. It has made progress in each area
H Capital has led a $150 million Series C round of funding for Zuoyebang, a K-12 focused education mobile app that spun out from Chinese online search engine Baidu.
Mekong Capital has invested $4.9 million for a minority stake in Yola, a Vietnam-based education services provider specializing in overseas test preparation and English language training.
Europe-Asia cross-border private equity firm Mandarin Capital Partners has acquired a 100% stake in Italian household ceramics supplier Elios Ceramica.
Mailman, a sports-focused digital marketing agency in Shanghai, has completed an extended Series A round of funding worth $3 million from Yao Capital and Kaixing Capital.
BC Ings, a Japanese cram school operator owned by CLSA Capital Partners (CLSA CP), has acquired local counterpart Akasaka Gakuin.
Japanese technology conglomerate SoftBank Group has invested $2.5 billion in Indian e-commerce giant Flipkart through the acquisition of primary and secondary shares.
Chinese VC firm Yunqi Partners has led a RMB165 million ($25 million) extended Series B round for Baibu, a textile and fabrics B2B trading platform.
China’s dairy industry has experienced a dramatic fall from grace, driven by overhype at home and lower prices overseas. Investors that got in at the top of the market are considering their options
Tang Media Partners (TMP), a Sino-US media and entertainment investment group, has finalized its acquisition of Open Road Films, an independent film distributor and producer owned by US-based AMC Entertainment and Regal Entertainment Group.
A consortium led by Blue Sky Alternative Investments has bought Active Adventures, a New Zealand-based company that offers guided activity-based trips in Nepal, Europe, and South America, as well as in its home country.
Gu Sheng Tang, a traditional Chinese medicine (TCM) clinic chain, has raised RMB1.01 billion ($150 million) in a Series D round comprising RMB510 million in equity and RMB500 million in debt.
Hong Kong bike-sharing start-up Gobee Bike has raised a $9 million Series A round from investors including the Alibaba Group’s Hong Kong Entrepreneurs Fund.
Tmall, Alibaba Group’s B2C e-commerce unit, has led a $300 million Series D round for Yiguo.com, a PE-backed Chinese grocery shopping platform. This is the fourth time an Alibaba entity has invested in the company.
Goldman Sachs Investment Partners has participated in a Series D round of funding for Meican.com, a Chinese online food delivery services platform that targets the corporate market.
Creador has invested MYR57 million ($13.3 million) in Bake With Yen (BWY), a Malaysian baking and confectionery ingredients supplier.
Blue Lake Capital, a China-focused VC firm led by two former GGV Capital and Sequoia Capital executives, has reached a first close of more than $120 million on its second early-stage fund. The full target is $200 million.
Indian online marketplace Snapdeal has called off a planned merger with rival Flipkart and will pursue a restructuring plan to allow it to survive as an independent entity. Both companies have substantial PE and VC backing.