Booktrack, a New Zealand-based company that provides movie-style soundtracks and ambient audio for eBooks, has raised $5 million in Series B funding led by Coent Venture Partners and Sparkbox...
Media | 28 Jul 2015 |
L Capital Asia has fully exited its remaining stake in Indian cinema chain operator PVR Cinemas for INR4.8 billion ($76 million).
South Asia | 27 Jul 2015 |
Ver Se Innovation, the owner of Indian news aggregation app NewsHunt, has acquired Rocket Science Innovation, parent of online price comparison and recommendation platform BuyT for an undisclosed amount.
South Asia | 17 Jul 2015 |
Mobvista, a Chinese mobile content distribution platform, has raised RMB200 million ($32 million) in a Series B round of funding led by two industry funds managed by Haitong Kaiyuan Investment, the private equity arm of Haitong Securities.
Greater China | 13 Jul 2015 |
Tiger Global has committed $20 million in Series B funding to Indian news curating and redistribution platform News in Shorts.
South Asia | 10 Jul 2015 |
Tiger Global has led a $100 million Series C round for Indian music streaming service Saavn, with participation from Bertelsmann India Investments, Steadview Capital, Mousse Partners and Liberty Media.
South Asia | 08 Jul 2015 |
Private equity-backed Focus Media’s planned $7 billion reverse merger with Shenzhen-listed Hongda New Material has encountered another setback following the resignation of Hongda's chairman in response to a probe by authorities.
Greater China | 24 Jun 2015 |
Tech in Asia, a Singapore-based digital media company that focuses on Asian start-ups, has raised a $4 million round led by SB ISAT Fund, a $50 million vehicle backed by Japan's SoftBank and Indonesia's Indosat.
Technology | 23 Jun 2015 |
Apollo Global Management has exited a 4.4% stake in India-based direct-to-home (DTH) service provider Dish TV, selling about INR4.86 billion ($76.6 million) worth of shares via the open market.
Exits | 22 Jun 2015 |
Fortune Capital has invested RMB300 million ($48 million) in Focus Media, a PE-backed Chinese outdoor advertising firm on course for a $7.37 billion backdoor listing in Shenzhen.
Greater China | 22 Jun 2015 |
Movie theater operator IMAX Corporation and CMC Capital Partners will together launch a fund that will bankroll at least 10 Chinese-language movie productions.
Media | 17 Jun 2015 |
Singapore-based GP Tembusu Partners has committed $10 million to New Zealand’s CricHQ, a cricket-focused digital platform used by the sport’s administrative bodies as well as by clubs and fans.
Media | 17 Jun 2015 |
Chinese online education app developer Xuebajun has raised a $50 million Series B round led by Qiming Venture Partners and Trustbridge Partners, with participation by existing investor Vertex Ventures.
Greater China | 17 Jun 2015 |
IDreamSky Technology, a VC-backed Chinese mobile game publisher, has received a take-private proposal from its chairman and CEO barely 10 months after going public on NASDAQ.
Technology | 16 Jun 2015 |
Updating your subscription status
South Korea continues to solidify its position as a premier destination for Asian private equity and venture capital investments. In 2014, nearly US$11 billion was invested into South Korean companies with exits topping US$8 billion, the highest return figures in the last 10 years. It is easy to see why international and domestic GP's hold South Korea in high regard, being one of few Asian destinations where large leveraged buyouts are possible.
Venture capital is also gaining momentum as the Park Geun Hye-led government continues to advance on initiatives to promote innovation and foster SMEs. With capital inflows and creative input from local and international VCs, South Korea is living up to its reputation as a flourishing venture ecosystem as we witness the rise of angel consortia, accelerators, and local offices for established VC funds.
This intensive and highly focused event will provide front row seats into one of Asia's most vibrant private equity markets. Key players will share their views on private equity and venture capital in Korea, Asia and beyond.
15 September 2015, South Korea- Westin Chosun, Seoul