Mayfield has led a $15 million Series C round for Indian IT certification start-up Simplilearn, with participation from previous investors Kalaari Capital and Helion Venture Partners.
South Asia | 24 Apr 2015 |
Iflix, a Southeast Asian video-on-demand platform with a similar business model to Netflix, has received $30 million from Catcha Group and Philippine Long Distance Telephone Company (PLDT).
Expansion | 24 Apr 2015 |
Chinese media-focused private equity firm CMC Capital Partners has acquired a stakes in the consortium that controls Television Broadcasts (TVB), a free-to-air broadcaster in Hong Kong.
Greater China | 23 Apr 2015 |
Chinese GP Hony Capital has joined a consortium led by David Chiu, chairman of Hong Kong-listed property developer Far East Consortium International, that is applying for a domestic free-to-air television license.
Greater China | 22 Apr 2015 |
Indian mobile app developer Robosoft will spin off its subsidiaries after receiving a INR740 million ($11.8 million) Series B round led by Ascent Capital, with participation by existing investor Kalaari Capital.
South Asia | 20 Apr 2015 |
Chinese auto repair start-up Kalading has raised a $10 million Series A round led by CBC Capital. Existing investor Gobi Partners also participated, as did Geek Partners.
Greater China | 20 Apr 2015 |
US-based social media management software developer Sprinklr has raised JPY1 billion ($8.4 million) in a Series A round to support its Japan branch, with participation by Recruit Holdings and Suneight.
North Asia | 17 Apr 2015 |
Affinity Equity Partners has agreed to buy Australia-based Nine Entertainment’s live events and ticketing business for an enterprise valuation of A$640 million ($496 million).
Buyouts | 16 Apr 2015 |
India-based online grocery marketplace Grofers has raised a Series B round of funding worth $35 million from Tiger Global and Sequoia Capital.
South Asia | 16 Apr 2015 |
Australia-founded online design marketplace 99designs has raised $10 million in a Series B round led by Recruit Strategic Partners, with existing investor Accel Partners also participating.
North Asia | 16 Apr 2015 |
A group of private equity investors including KKR is set to buy Korean e-commerce mobile app Ticket Monster from US-based Groupon in a deal that could value the company as highly as $800 million.
North Asia | 15 Apr 2015 |
Baofeng Mojing, a Chinese virtual reality headset manufacturer, has raised $10 million in a Series A round of funding led by film producer Huayi Brothers Media.
Greater China | 15 Apr 2015 |
China Media Capital (CMC) has teamed up with London-headquartered TV producer FremantleMedia and Shanghai Media Group (SMG) to create a joint venture that will develop entertainment content for the China market.
Greater China | 14 Apr 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo