The Everstone Group has acquired Chemopharm, a provider of medical equipment based in Malaysia.
Archer Capital has agreed to sell Aerocare, an Australia-based aviation ground handling operator it bought from Next Capital in 2014, to global market leader Swissport for an undisclosed sum.
Shouqi Limousine & Chauffeur, a Chinese ride-booking app backed by local transportation company Shouqi Group, has raised RMB1.3 billion ($195 million) in a Series B round across two tranches.
SSG Capital Management has made a partial exit from Future Supply Chain (FSC), a supply chain and logistics subsidiary of India’s Future Enterprises (FEL), for INR1.25 billion ($19 million).
Emerald Media, an Asian investment platform created by KKR, has led a $65 million Series B funding round for Thailand-based online retailing services company aCommerce.
Private equity ownership can bring significant benefit to a portfolio company, but it can also be challenging for both the investor and the investee.
UK-based Airbnb management company Hostmaker has received a $15 million round led by Hong Kong private equity firm Gaw Capital and Thailand real estate developer Sansiri for an Asian expansion.
Standard Chartered Private Equity (SCPE) has offered to buy a stake of unspecified size in Tat Hong Holdings in a deal that values the Singapore-listed crane and heavy equipment supplier at approximately S$376 ($277 million).
Asia-dedicated secondaries investor NewQuest Capital Partners has participated in a RMB208 million ($31 million) Series C round for Bokecc.com, a China-based company that offers video cloud computing solutions.
Singtel Innov8 and Harmony Partners have led a $25 million round of funding to support the Asia expansion of Qubole, a big data firm based in India and the US.
A group of investors including Meridian Capital and Eastern Bell Venture Capital has invested RMB90 million ($13.6 million) in China-based retail property-leasing platform Putiandi.
Japanese PE firm Aspirant Group has agreed to acquire Takara Chouun, a logistics subsidiary of the Takara Holdings conglomerate.
US-based automotive technology developer Delphi Automotive has acquired Singapore-focused VC-backed driverless car start-up NuTonomy for $450 million.
Samsung Electronics and Ant Financial have jointly led a $40 million extended Series A round for DeePhi Tech, a Chinese artificial intelligence (AI) technology developer. China Merchants Venture Capital and China Growth Capital also took part.
Shunwei Capital has led a $100 million round for Hong Kong-based delivery start-up Lalamove with a view to supporting its expansion in the competitive mainland China market
Cathay Innovation, a VC affiliate of Cathay Capital Private Equity, has led an extended Series B round for Momenta, a Chinese start-up that develops road sensors and mapping software for self-driving cars, with participation from GGV Capital.
Canada Pension Plan Investment Board (CPPIB) has committed up to $500 million to Alpha Data Centre Fund (ADCF), a data center-focused PE fund managed by Singapore conglomerate Keppel Group.
Singapore’s Temasek Holdings has jointly led a $78.2 million Series C round for Tongdun Technology, a China-based third-party risk control services provider, in conjunction with Cinda Sinorock and Tiantu Capital.
Hong Kong-based delivery start-up Lalamove - also known as Huolala in mainland China - has completed a $100 million Series C round of funding led by Chinese VC firm Shunwei Capital.
Deliveree, a Southeast Asia-focused last-mile logistics marketplace, has raised a $14.5 million Series A round of funding led by Gobi Partners.
Advantage Partners has agreed to sell Customer Relation Telemarketing (CRTM), a call center business it acquired three years ago, to fellow Japanese private equity firm Integral Corporation.
Epsilon Venture Partners and IL&FS Investment Managers (IIML) have led an $8 million Series A round for Indian agricultural logistics player Farm Taaza Produce.
India-based business management services provider Newgen Software Technologies has filed for an IPO that will provide exits for Ascent Capital, IDG Ventures India and SAP Ventures.
Chinese ride-hailing app operator Didi Chuxing has invested $200 million in Renrenche, a local consumer-to-consumer used-car trading platform, which is backed by several VC investors.