Indian boutique investment bank O3 Capital has launched a fund targeting $120-150 million that will focus on domestic, early-stage hospitality sector investments.
Permira has achieved a first close for its sixth global buyout fund, with about EUR6.3 billion ($6.9 billion) in commitments.
Droom, an Indian used automobiles trading marketplace, has raised about INR2 billion ($30 million) in a Series B round of funding led by Singapore-based early stage investor Beenext and Japanese incubator Digital Garage.
China-focused Chengwei Capital has led a Series A round of funding worth about RMB100 million ($15 million) for Huishoubao, a Chinese electronic devices recycling platform.
Benlai.com, a Chinese B2C-focused online grocery supplier, has raised an extended Series C round of funding worth $17 million.
Vision Knight Capital has led a $1 billion ($153 million) Series C round of funding for Weidai, a Chinese peer-to-peer (P2P) lending platform that specializes on providing auto loans.
China consumer-focused GP ClearVue Partners has invested $30 million in CHIC Fresh, a Shanghai-based high pressure processing (HPP) juice maker.
Gu Sheng Tang, a traditional Chinese medicine (TCM) clinic chain, has raised $70 million in a Series C round led by US-based insurance firm Starr Companies, followed by China Ping An Insurance.
Warburg Pincus has invested an undisclosed sum in UIB, a Shanghai-based hospital chain that focuses on obstetrics, gynecology and pediatrics.
SBCVC and New Horizon Capital have led a RMB1 billion ($119 million) Series C round for Chuchujie, a Chinese mobile e-commerce platform.
Farfetch, a UK-based high-end online fashion retailer, has raised a $110 million Series F round led by new investors Temasek Holdings, China-based IDG Capital Partners and French investment firm Eurazeo.
Roseonly, a Chinese start-up that specializes in selling rose bouquets online, has raised RMB190 million ($31 million) in a Series C round of funding led by Genesis Capital.
Juanpi.com, a Chinese online platform selling discounted consumer products, has raised a RMB600 million ($93 million) Series C round of funding co-led by Tiantu Capital and China Merchant Bank International.
Chinese chauffeured car service provider Ucar has raised RMB3.68 billion ($569 million) from domestic investors including Yunfeng Capital ahead of a proposed listing on the National Equities Exchange and Quotation (NEEQ).
Chinese e-commerce giant Alibaba Group and its online finance affiliate Ant Financial Services Group have invested $1.25 billion in Ele.me, a VC-backed online food-ordering platform.
Orchid Asia Group and Eastern Bell Ventures have provided a Series B round of funding for Weimeizi, a Chinese personal care products manufacturer.
JD Finance, the financial subsidiary of Chinese online retailer JD.com, has invested an undisclosed sum in Meili Jinrong, a peer-to-peer (P2P) online lending platform with a focus on consumer finance. Both companies are backed by several VC investors.
Chinese textiles producer Shandong Ruyi Technology Group has agreed to acquire a controlling stake in SMCP Group, a French apparel retailer backed by KKR.
Guazi.com, a Chinese C2C second-hand car trading platform, has completed a $205 million round of funding from several international investors.
Ameba Capital has led a RMB300 million ($46 million) Series A round of funding for Taoshihui, a Chinese rural e-commerce platform that helps farmers make purchases online.
Travelzen.com, a Chinese B2B online travel platform, has raised a RMB600 million ($93 billion) Series C round from a group of domestic GPs, having removed its variable interest entity (VIE) structures in preparation for an onshore exit.
Yi Jiu Pi, a Chinese B2B online liquor retailer, has raised an extended Series B round worth RMB200 million ($30 million) co-led by domestic GPs Yuan Sheng Ventures and Eastern Bell Venture Capital.
One of the first two investments from Gaja Capital's recently closed third fund is a control transaction and Gopal Jain, the firm's managing partner, expects more of the same as the Indian economy matures.
Hony Capital, CITIC Private Equity and Sequoia Capital are set to exit Happigo Home Shopping, a Shenzhen-listed online and TV shopping subsidiary of Hunan TV.