Even if pan-Asian buyout firms aren't actively pursuing investments in internet-related businesses, they cannot ignore the potential disruptive impact of these technologies on other portfolio companies
China Renaissance has added dedicated healthcare and mezzanine debt strategies to its existing growth-stage private equity offering as part of efforts to more than treble its assets under management (AUM) over the next three years.
US-based mobile marketing platform AppLovin has terminated a planned $1.4 billion acquisition by Orient Hontai Capital, a PE unit of China’s Orient Securities, after a long delay in the regulatory approval process. It has opted for a debt-based deal...
Inagora, a VC-backed e-commerce platform that supplies Japanese products to Chinese consumers, has received $68 million in Series C funding from Itochu Corp, KDDI Corporation, and SBI Holdings.
The Makara Innovation Fund (MIF) – a Singapore government-backed vehicle that focuses on intellectual property-driven businesses – has made its first investment, backing Asia telecom player MyRepublic.
A group of Asian GPs including Hong Kong tycoon Li Ka-shing's Horizons Ventures has backed a Series B round of up to $107 million for US electric vehicle (EV) industry supplier Divergent 3D.
Indian interior design company HomeLane, which is backed by Aarin Capital and Sequoia Capital, has bought Accel Partners-backed online furniture marketplace Capricoast.
Uhouzz Network Technology, a China-based online platform that provides homes sales and rental services for overseas students, has raised a $14 million Series B round led by Translink Capital.
GPs see increasing potential for later-stage investment in the Australian technology sector as early commercial successes and government encouragement help reshape the national psyche
Sabre Partners and CDC Group have co-led a $26 million Series C round for Indian home healthcare business Portea Medical.
Chinese self-driving truck technology developer TuSimple has raised a $55 million Series C round led by Hong Kong-based hedge fund Composite Capital, with participation from Sina and Zhiping Capital.
Bain Capital Private Equity’s tender offer for Japan-listed advertising agency Asatsu-DK (ADK) has overcome its biggest obstacle as the company’s largest shareholder WPP Group has withdrawn its objection to the deal.
DataRobot, a US-based start-up backed by a number of VCs including Intel Capital, has committed about $11 million to an artificial intelligence (AI) program in Singapore.
Southeast Asia-focused retailing services provider aCommerce has received $65 million in Series B funding to support not only geographical expansion but also a move into B2B to complement existing B2C capabilities
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.
PAG Asia Capital has acquired a controlling interest of nearly 75% in Zhenai, a Chinese online matchmaking and dating service provider that earlier this month abandoned plans for a reverse merger in Shenzhen.
Tencent Holdings has led a $40 million Series C round of funding for Shenzhen-based Ubtech Robotics, a humanoid robot maker backed by CDH Investments and Goldstone Investment.
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.
Jianpu Technology, a subsidiary of Chinese VC-backed financial products search and recommendation platform Rong360, has slipped below its IPO price following a $180 million offering on the New York Stock Exchange.
DCM Ventures has led $75 million Series C round for Maimai, a Chinese social networking app for professionals, with participation from existing backers IDG Capital and Morningside Venture Capital.
The Monetary Authority of Singapore (MAS) has set up a S$27 million ($20 million) grant to support the country’s financial technology development ecosystem.
A byproduct of Asia’s technology boom is the emergence of a new generation of GPs that have spun out from global venture capital players and internet companies, with a view to capturing opportunities presented by this fast-moving sector.
Singapore-based Quoine, a financial technology company backed by Japan’s Jafco, has raised $105 million via an initial coin offering (ICO).
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has co-led an $8.25 million Series A round for Singapore-based financial technology platform Active.ai.