China’s largest express delivery services provider SF Express, which is backed by several PE investors, has completed a backdoor listing in Shenzhen that values the business at RMB43.3 billion ($6.6 billion).
A stronger commodity price environment has spurred some opportunistic private equity investment in Australian mining services, but caution remains the mantra in this industry of capricious value drivers
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of $60 million to IDS Medical Systems, a Hong Kong-based healthcare industry supplier for Southeast Asia.
Australia’s aged care segment continues to appeal to private equity investors. But GPs must be wary of the challenges posed by the government’s unique stake in the market
Chinese B2B hotel booking platform Haoqiao.cn has raised RMB120 million ($17 million) in an extended Series B round led by the government-backed National SME Development Fund and China Merchants Capital.
Global Brain has led a Series A funding round of undisclosed size for Trillium, a Japanese cybersecurity company focused on the emerging autonomous vehicle industry.
G7, a Chinese manufacturer of smart devices for use in the logistics sector, has raised $45 million from China Development Bank Capital (CDB Capital) and Singapore-listed warehouse operator Global Logistic Properties (GLP).
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has led a $7.5 million investment in Flutura Business Solutions, an Indian data services provider that uses internet-of-things (IoT) technology.
Che300.com, a Chinese VC-backed platform that values used cars, has raised RMB200 million ($29 million) in a Series C round of funding led by state-owned automotive company SAIC Motor.
Investec Bank has led a $19.5 million funding round for Trax Image Recognition, a Singapore-based company that uses visual technology to support manufacturers and retailers.
Shansong, a Chinese start-up that provides intercity courier services, has raised a $50 million Series C round of funding led by SIG Asia Investment and Yi Capital.
Japan-based Advantage Partners has agreed to sell its controlling stake in GTA TeleGuam, the principal telecommunications provider on the US island of Guam, to US-based family office Huntsman Family Investments (HFI).
Thai investment firm Kuvera Capital has led a $3 million round of funding for Bangkok-based IT services provider D8.
New Zealand-based audio equipment and technology developer Phitek Systems has been sold to a US strategic buyer, providing an exit for a number of domestic VC investors.
Indian enterprise web solutions provider NowFloats has raised $10 million in Series B funding from a group of investors including IIFL and Iron Pillar.
Local Measure, an Australian analytics technology provider servicing the tourism industry, has raised $3.4 million for an expansion effort that will include opening new offices in Los Angeles and Dubai.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
Stellar Supply Chain Solutions, an Indian logistics company backed by Warburg Pincus, has taken control of refrigerated trucking specialist Kelvin Cold Chain.
Mumbai-based logistics services company Leap India has secured about $13 million in a Series B funding round led by new investors IndiaNivesh Growth Fund, Sixth Sense and TCI Ventures.
The Riverside Company and The Silverfern Group, a US-headquartered middle market investment manager that represents a set of family offices, have acquired Australia’s Waste Services Group for an undisclosed sum.
CDH Investments has led a RMB2.5 billion ($363 million) Series A round of funding for China-based Hive Box, a self-service package drop-off and pick-up operator.
Chinese online truck logistics platform Huochebang has raised $114.68 million in an initial Series B round of funding led by the International Finance Corporation (IFC) and All-Stars Investment.
A consortium led by KTB Private Equity and Q Capital Partners has agreed to sell Korea-based logistics provider Dongwu Express to local conglomerate Dongwon Group for KRW420 billion ($354 million).