China’s Ministry of Finance and the Cyberspace Administration of China (CAC) - the country's internet oversight agency - have launched an internet-related investment fund with a target of RMB100 billion ($15 billion).
China Merchants Capital and Grand Fight Investment have co-led a $100 million Series C round of funding for Xueba, a Chinese education app that helps students understand homework exercises.
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
China VC-backed UrWork, a co-working space provider for start-ups, has raised a RMB400 million ($58 million) Series B round of funding at a post-money valuation of about $1 billion.
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
Chinese conglomerate Fosun International has entered a strategic partnership with Iron Pillar, an India-based VC firm focused on mid-stage technology companies, to make co-investments in India.
Shanghai-based Innotech Capitals, a PE arm of Innotech International Group specializing in advertising technology, has acquired US data aggregation platform Ad-Juster with a view to helping the company expand into Asia.
When EQT Partners acquired Australia-based I-Med Network Radiology, the company had spent years in the hands of different creditors. The GP had to restore confidence internally and drive long-term growth
Chinese internet companies increasingly see Southeast Asia as a market that can help counterbalance slowing growth back home. For certain business models, it is an expensive and time-consuming process
China's Tencent Holdings has led a $55 million Series D round for Indian clinic management software and doctor search portal developer Practo.
Beijing Shiji Information Technology, a big data services provider for hotels, has acquired a majority stake in US-based ReviewPro, a VC-backed company with a suite of complementary products.
Moran Cognitive Technology, a China-based artificial intelligence (AI) start-up, has received $10 million in a funding round co-led by Matrix Partners China and Source Code Capital.
Nexus Venture Partners has led a $5 million Series A round of funding for Indian managed accommodation platform Zolo.
Chinese asset manager CreditEase Wealth Management has reached a first close of $32.2 million on its second Israel-focused venture capital fund.
Chinese used car trading platform Uxin has raised $500 million in a new round of funding led by TPG Growth, Jeneration Capital and China Vision Capital.
Japan-based Polaris Capital has sold its 100% stake in domestic electronics supplier Clean Surface Technology (CST) to coal mining company Mitsui Matsushima for JPY4 billion ($35 million).
Blume Ventures and Nexus Venture Partners have led a INR300 million ($4.4 million) Series A round of funding for Indian free-to-use learning platform operator Unacademy.
Xiaoshouyi, a China VC-backed customer relationships management (CRM) platform, has raised a RMB280 million ($40 million) Series D round of funding led by Tencent Holdings.
Capital Today has led a $100 million Series D round of funding for Zhihu, a Chinese question-and-answer platform similar to US-based Quora.
TPG Capital is seeking between $4 billion and $4.5 billion for its seventh pan-Asian fund, having closed the previous vehicle at $3.3 billion in 2014 after a challenging two-year-plus process.
Apax Partners has sold a 48% stake in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs and which continues to have a sizeable presence in the country, to Canada Pension Plan Investment Board (CPPIB).
Singapore-based private investment group Marvelstone has launched a venture capital arm that will focus on companies developing smart city technologies.
Hillhouse Capital commits $250 million to e-commerce software provider Magento, joining forces with existing backer Permira in order to help the company realize its growth potential in Asia