New Zealand’s Pencarrow Private Equity has sold 100% of domestic tea and coffee company BrewGroup to Jacobs Douwe Egberts (JDE), a Netherlands-based beverages group active in more than 100 countries.
China Merchants Capital and Grand Fight Investment have co-led a $100 million Series C round of funding for Xueba, a Chinese education app that helps students understand homework exercises.
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
Chinese conglomerate Fosun International has entered a strategic partnership with Iron Pillar, an India-based VC firm focused on mid-stage technology companies, to make co-investments in India.
Warburg Pincus has invested INR8.2 billion ($120 million) for a 14% stake in Indian listed film and retail entertainment company PVR, providing a partial exit for Multiples Alternative Asset Management.
With its investment in Formula E, Yao Capital hopes to help electric car racing achieve some of Formula One's success, but with an emphasis on China, downtown circuits, younger fans, and environmentally friendly entertainment
CDH investments has acquired Tembusu Partners' stake in Ednovation and will commit more capital for a controlling position as it supports the Singapore pre-school operator's China expansion
Chinese internet companies increasingly see Southeast Asia as a market that can help counterbalance slowing growth back home. For certain business models, it is an expensive and time-consuming process
Neev Fund, an investment vehicle sponsored by the State Bank of India (SBI), has led a $10 million Series D round for Milk Mantra Dairy.
CVC Capital Partners has agreed to sell Chinese quick service restaurant operator Da Niang Dumpling Holdings to domestic hotel operator GreenTree Inns.
Bain Capital Private Equity has teamed up with Chinese supermarket chain Yonghui Superstores to buy Daymon Worldwide, a global retailer services company that specializes in areas such as branding, sourcing and marketing, for $413 million including debt.
Nexus Venture Partners has led a $5 million Series A round of funding for Indian managed accommodation platform Zolo.
Blume Ventures and Nexus Venture Partners have led a INR300 million ($4.4 million) Series A round of funding for Indian free-to-use learning platform operator Unacademy.
CDH Investments has acquired a 36% stake in Ednovation, a Singapore-based operator of pre-schools in Southeast Asia and China, from Tembusu Partners in a deal said to be worth more than S$50 million ($35 million).
Franchising out restaurant chains - one of the major objectives for the new PE-backed McDonald's China partnership - is a popular ploy for investors across Asia as they pursue scale. But it is not without risk
TPG Capital is seeking between $4 billion and $4.5 billion for its seventh pan-Asian fund, having closed the previous vehicle at $3.3 billion in 2014 after a challenging two-year-plus process.
Sun Capital Partners has exited Lexington Home Brands, a US-based manufacturer of residential and contract furnishings, to Shenzhen-listed Luolai Lifestyle Technology and Chinese PE firm Yixing Capital.
Hillhouse Capital commits $250 million to e-commerce software provider Magento, joining forces with existing backer Permira in order to help the company realize its growth potential in Asia
Michael Chu, global co-CEO at L Catterton, and Ravi Thakran, managing partner and chairman of L Catterton Asia, discuss the merger of Catterton and L Capital
Shenzhen Youkeshu Technology, a Chinese B2B services provider that targets at cross-border e-commerce platforms, has completed a RMB400 million ($56 million) Series C round of funding led by Founder H Fund and CITIC Goldstone Investment.
China consumer-focused GP Tiantu Capital has led a RMB250 million ($36 million) Series C round of funding for Kuaikan Comic, a mobile app designed for reading comic books.
The Hong Kong-listed arm of Chinese conglomerate CITIC Group, CITIC Capital and The Carlyle Group will take majority ownership of the McDonald’s business in mainland China and Hong Kong as the US fast food chain seeks to franchise out most of its restaurants...
Chinese internet giant Tencent Holdings has teamed up with Thailand-based Ookbee, a VC-backed digital magazine platform, to pursue growth opportunities in Southeast Asia’s online media space.