Flipkart received $1 billion in funding from a consortium of investors in July. It is ammunition for the arms race currently consuming India’s e-commerce industry
Venture | 10 Dec 2014 |
Affinity Equity Partners and KKR made Oriental Brewery the market leader in Korea’s beer industry, then exited via Asia’s largest-ever trade sale. For this and other activities, Affinity was also named Firm of the Year
Exits | 10 Dec 2014 |
Singapore’s Temasek Holdings, DST Global and Chinese internet giant Tencent Holdings have led a new round of funding worth $700 million for Didi Dache, a Chinese taxi-booking app.
Greater China | 10 Dec 2014 |
Rabo Equity Partners is in the process of raising its second India agribusiness fund. Rajesh Srivastava, a managing director at the firm, offers his views on the tailwinds and headwinds driving the sector
South Asia | 10 Dec 2014
The Japanese government-backed Cool Japan Fund has agreed to invest JPY2 billion ($16.7 million) in Chikaranomoto Holdings, the restaurant operator behind international ramen noodle chain Hakata Ippudo.
North Asia | 10 Dec 2014 |
Chinese GP Tiantu Capital has committed RMB100 million ($16 million) in a Series B round of funding for Inmotion Technologies, a manufacturer of sensor controlled vehicles.
Greater China | 09 Dec 2014 |
EQT has sold its 65% stake in Chongqing New Qinyuan Bakery, a retail bakery chain based in southwest China, to Swire Foods, a subsidiary of Swire Pacific.
Exits | 09 Dec 2014 |
Andrea Bonomi has raised the stakes in the battle for Club Méditerranée (Club Med), increasing his offer for the vacation resort operator just days after a consortium led by China’s Fosun International submitted an improved bid.
Buyouts | 08 Dec 2014 |
DST Advisors has led a $100 million Series B round of funding for Fenqile.com, a Chinese installment payment platform.
Greater China | 08 Dec 2014 |
Indian food-ordering start-up TinyOwl Technology has raised $3 million from Sequoia Capital and Nexus Venture Partners in Series A round of funding.
Venture | 08 Dec 2014 |
Estia Health, an Australian aged care provider backed by Quadrant Private Equity, saw its stock open at a 13% discount to the IPO price on the first day of trading in Sydney.
Exits | 05 Dec 2014 |
Lightspeed China Partners has invested in a Series A1 round of funding for Lulutrip, an online travel agency focused on the Chinese outbound market.
Greater China | 05 Dec 2014 |
Capital Today, DST Advisors and Hillhouse Capital Management have raised $618.9 million by selling a portion of their shares in JD.com, the Chinese online retailer that went public earlier this year.
Exits | 04 Dec 2014 |
TPG will exit Japanese toymaker Tomy through a buyback by the company. Tomy has agreed to acquire the private equity firm’s entire equity holding and also redeem its convertible bond holdings.
Exits | 04 Dec 2014 |
GGV Capital, Shunwei Venture Partners, smart phone maker Xiaomi and online retailer JD.com have participated in a $40 million Series C round of funding for Misfit Wearables, which manufactures wearable devices that track health and fitness.
Venture | 03 Dec 2014 |
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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