China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.
Japan’s SBI Investment has led a $17.5 million Series B funding round for Thailand-based online payment services provider Omise.
CDC Group, the UK government-owned development finance institution (DFI), has agreed to invest INR10 billion ($149 million) in IIFL Holdings’ non-banking finance company (NBFC) India Infoline Finance.
IDFC Bank, a division of Indian infrastructure lender IDFC, has agreed to buy non-banking finance company (NBFC) Grama Vidiyal Micro Finance, providing an exit for its VC backers.
IIFL Asset Management and Accion Frontier Inclusion Fund have led a funding round of an undisclosed amount in Indian small retailer-focused fintech start-up NeoGrowth.
Qufenqi, a Chinese retailer that allows online buyers to pay in installments for consumer electronics purchases, has raised approximately RMB3 billion ($490 million) in pre-IPO financing.
PNB Housing Finance, the mortgage lender subsidiary of India's state-run Punjap National Bank that is backed by The Carlyle Group, has filed for a INR25 billion ($370 million) IPO.
Yorkway Capital Partners has entered a strategic partnership with Australian corporate fiduciary services provider One Investment Group and has made an investment in the company.
Gobi Partners has led a A$5 million ($3 million) round of funding for Australia-based digital payment services developer Airwallex.
Tata Capital currently manages five private equity funds across different strategies. Pramod Ahuja, a partner responsible for the firm’s $240 million growth vehicle, discusses the opportunity set
Morgan Stanley Private Equity Asia (MSPEA) has invested INR1.14 billion ($16.9 million) in Five Star Business Finance, an India-based non-banking finance company (NBFC) that specializes in small ticket business and housing loans.
Circle is ready to test its blockchain-based online peer-to-peer payments platform in China, with support from a string of local financial and strategic investors
Bertelsmann India Investments has led a $32 million Series B round for Indian finance platform Lendingkart.
Ant Financial, the online finance affiliate of China's Alibaba Group, has joined a consortium of investors supporting the establishment of Xinmei Mutual Life Insurance Agency.
IDG Capital Partners has led a $60 million financing round for Circle, a US-based financial technology start-up seeking to build a blockchain-supported peer-to-peer payments system business in China.
A unit of Singapore government-backed investment group Temasek has raised $510 million through its issuance of bonds backed by 34 private equity funds.
Creador has exited the remainder of its stake in India-based non-banking finance company Cholamandalam Investment and Finance (CIF) for INR2.2 billion ($32.5 million).
Jafco has led a $20 million Series A financing round for Quoine, a Singapore-based bitcoin trading platform.
TPG Capital’s growth unit has agreed to buy a 40% stake in One Network Bank (ONB), the rural subsidiary of mainstream Philippines lender BDO. Financial terms were not disclosed.
SAIF Partners has led a $12 million Series A round for Indian online tax filing website ClearTax.
Indian venture capital firm Lok Capital has reached a first close of $40.5 million for its third fund, which is targeting a $100 million total corpus within 12-18 months.
Fenqile, a Chinese installment payment platform, has received $235 million from investors including Huasheng Capital, CoBuilder Partners and an unnamed Chinese insurance company.
IBM has launched an accelerator in Singapore that will help Asia Pacific start-ups commercialize blockchain technology and the cognitive computing system known as Watson.
Intellegrow Finance, a non-banking financial company (NBFC) and venture debt lender that targets small and growing businesses in India, has raised INR1.34 billion ($20 million) from investors including existing backer Omidyar Network.