US-based accelerator 500 Startups has launched another $15 million Asian satellite fund in Korea - called 500 Kimchi - a little over a week after it announced a similar vehicle in Thailand.
Early stage | 26 Feb 2015 |
Accel Partners, and existing investor Matrix Capital, have together invested NZ$147.2 million ($111 million) in New Zealand-listed accounting software developer Xero.
Australasia | 25 Feb 2015 |
Nippon Venture Capital (NVC) and the Advanced Telecommunications Research Institute International in Kyoto have set-up a JPY5 billion ($42 million) fund for niche technology investments.
Fundraising | 25 Feb 2015 |
Astronscale, a Singapore-based start-up that develops satellites to remove space debris, has raised $7.7 million in a Series A round of funding from JAFCO and nine entrepreneurs from Japan.
North Asia | 24 Feb 2015 |
H Capital has led a $100 million Series D round of funding for 17zuoye.com, a Chinese K-12 online learning and teaching platform. Singapore’s Temasek Holdings, DST Advisors and Shunwei Capital Partners, also took part in the round.
Greater China | 23 Feb 2015 |
NXP Semiconductors, a Dutch chip manufacturer listed in the US, has announced it plans to form a Chinese joint venture with state-owned private equity firm JianGuang Asset Management (JAC Capital).
Greater China | 23 Feb 2015 |
Indian fashion discovery and shopping app Wooplr has managed to raise $5 million in a Series A round of funding led by Helion Venture Partners.
Technology | 23 Feb 2015 |
Shunwei Capital Partners, a Chinese VC firm set up by Lei Jun, a founder of mobile phone maker Xiaomi, has closed its first renminbi-denominated fund at RMB1 billion ($160 million).
Venture | 18 Feb 2015 |
Silicon Valley-based accelerator and early stage investor 500 Startups is understood to be launching a new $10 million micro-fund for Thailand.
Early stage | 18 Feb 2015 |
Japanese online printing service Raksul has managed to raise JPY4 billion ($33.7 million) from a slew of local venture capital investors.
North Asia | 18 Feb 2015 |
Tiger Global has led a $4 million Series A round investment in India's News In Shorts (NIS), a mobile-based service that aggregates shortened news stories.
South Asia | 17 Feb 2015 |
Didi Dache and Kuaidi Dache, China's two largest venture capital-backed taxi-booking app start-ups, are planning to merge to create one of the largest companies of its kind in the world.
Greater China | 16 Feb 2015 |
Sequoia Capital India and Matrix Partners have invested $30 million in a Series B round of funding for Practo Technologies, an Indian start-up that provides a search portal matching patients and doctors.
South Asia | 13 Feb 2015 |
WhitePlus - the Japanese start-up behind an online laundry service called Lenet - has managed to raise JPY408 million ($3.4 million) from Yahoo! Japan's corporate investment arm, YJ Capital.
North Asia | 12 Feb 2015 |
Metaps, a Japanese start-up that provides an app monetization platform using artificial intelligence (AI), has raised a $36 million Series C round of funding.
South Asia | 12 Feb 2015 |
Updating your subscription status
The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta