IMoney Group, a Malaysia-based financial comparison start-up backed by Jungle Ventures, has received approximately MYR13 million ($4 million) from iSelect, an Australia Securities Exchange-listed...
Venture | 26 Sep 2014 |
"We currently have a large position in Apple. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come." This 24-word Tweet, comprising just 111 characters, managed to push up Apple's value by $12 billion in less than...
Technology | 24 Sep 2014 |
“Emerging consumers across Africa and Asia are working to achieve prosperity and security for their families and businesses, but most have yet to reach the middle class. There is an immense demand for transformative financial tools,” says Andrew Kuper,...
Fundraising | 17 Sep 2014 |
China’s social networking platform Renren has led a $40 million Series C round for Snowball, a Chinese financial information portal, with participation from existing investor Morningside Technologies.
Greater China | 15 Sep 2014 |
Chinese smart phone maker Xiaomi and Shunwei Capital Partners, both founded by Chinese angel investor Lei Jun, have jointly led a $37.2 million Series B round of funding for Jimubox, a peer-to-peer (P2P) lending start-up in China.
Greater China | 11 Sep 2014 |
LeapFrog Investments - the specialist microfinance investor backed by George Soros and JP Morgan Chase - has reached a $400 million close on its second fund targeting financial services investments in emerging Asia and Africa.
Southeast Asia | 10 Sep 2014 |
Fosun Venture Capital Investment, a VC arm of Fosun Group, has invested in a Series B round of funding for Feidee.com, Beijing-based personal finance management website, with participation from existing investor Sequoia Capital.
Greater China | 02 Sep 2014 |
A group of private investors will pay RMB14.5 billion ($2.35 billion) for a combined 20.98% stake in China Huarong Asset Management, one of four groups tasked with managing non-performing loans (NPLs) from state-owned banks, ahead of a planned public...
Greater China | 29 Aug 2014 |
Pacific Equity Partners (PEP) has exited half its stake in credit-checking firm Veda Group in a deal worth around A$580 million ($541 million).
Exits | 28 Aug 2014 |
SoftBank Ventures Korea and Pantera Capital have led a $3 million Series A round of funding for Korean bitcoin exchange, wallet and merchant processor, Korbit.
North Asia | 27 Aug 2014 |
Qufenqi.com, a Chinese installment payment platform, has raised a Series B round of funding from Source Code Capital, Golden Summit and BlueRun Ventures.
Greater China | 22 Aug 2014 |
Fosun International plans to acquire a 20% stake in Ironshore for $464 million, becoming the property and casualty insurer's largest shareholder.
Greater China | 18 Aug 2014 |
TPG Capital has agreed to invest approximately $117 million in Union Bank of Colombo (UBC) in what will be Sri Lanka’s largest-ever private equity buyout as well as one of the biggest foreign direct investments in the country in recent years.
Financials | 15 Aug 2014 |
Smart eMoney, a mobile payment business owned by Philippine Long Distance Telephone (PLDT), first ventured overseas in partnership with Mastercard in 2010.
Venture | 13 Aug 2014 |
GGV Capital has led a Series A+ round of funding for Yingying Licai, a Chinese personal finance mobile app.
Greater China | 11 Aug 2014 |
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For 27 years, the AVCJ Forum has brought together leading investors from across the globe for three days of high-level dialogue, debate and networking. In a programme that combines strategic and tactical issues, you'll hear from some of the world's most successful deal makers as they share their insights on the opportunities for private equity investors going forward.
11-13 November 2014, Four Seasons Hotel, Hong Kong
With the empathic and historic victory of Narendra Modi at the recent elections in India, the market confidence has improved significantly. Until recently, India was mentioned in financial markets only in a negative light given the enormous potential and lack of delivery. Difficulties in exiting, arbitrary taxation and poor governance are just some of the chronic problems deterring investors.
Discover what repercussions the latest political developments will have on the private equity industry, the outlook for the next wave of fundraising, where GPs expect to source exits and the best way forward for existing and potential investors.
2-3 December 2014, Taj Lands End Hotel, Mumbai