Partners Group has acquired a minority stake in Aiyingshi, a China-based maternity and baby products retailer, with a view to helping the company secure acquisitions and licensing agreements overseas.
Venturra Capital, a Southeast Asia-focused VC fund sponsored by the Lippo Group, has led a $4 million Series A round for Malaysian local services marketplace Kaodim.
Ping An Ventures, a VC arm under Ping An Insurance, has led a Series D round worth $200 million for Mogujie.com, a Chinese social networking and shopping platform.
Lvyouquan.cn, a Chinese business-to-business (B2B) online travel platform, has raised RMB500 million ($78 million) in a Series B round of funding from a group of domestic investors.
Bessemer Venture Partners has led a $25 million Series B funding round for Indian local services marketplace UrbanClap.
China ZhongDi Dairy Holdings, a private equity-backed dairy farm operator that supplies raw milk to leading brands such as Mengniu Dairy and Yili Group, is targeting a Hong Kong IPO of up to HK$508.4 million ($65.6 million).
Sequoia Capital and Lightspeed Ventures have led a $34 million Series C round for Indian online ethnic products marketplace Craftsvilla.
Various PE firms have found success supporting Taiwan consumer brands in mainland China. But the food and beverage segment is an example of how picking the team, theme and time can make all the difference
KKR has made a fifth investment intended to leverage rising food quality and safety in China by taking a significant minority stake in Yuehai Feed Group, which primarily supplies shrimp farms, for about $90 million.
China consumer-focused GP Tiantu Capital has been approved to list on the National Equities Exchange and Quotation (NEEQ), also known as the New Third Board. It has raised a total of RMB2.68 billion ($420 million).
PremjiInvest - the family office of Wipro Enterprises chairman Azim Premji - and Singapore's Temasek Holdings have agreed to pay INR19.5 billion ($296 million) for a 6% stake in the life insurance unit of ICICI Bank.
Chinese ride-hailing app operator Didi Kuaidi has invested an undisclosed amount in Ele.me, a VC-backed online food-ordering platform.
CarTrade, an Indian online used car portal backed by Warburg Pincus and Tiger Global Management, has bought a majority stake in online automotive sales platform CarWale from its owner, German media conglomerate Axel Springer.
Indonesia-based venture capital firm Ideosource has committed $22 million to online electronics retailer Bhinneka.
Tencent Holdings has led a RMB200 million ($31 million) for Miss Fresh, a Chinese online grocery retailer.
SAIF Partners has participated in a $6 million Series A round for Indian start-up Fizzy Foodlabs, which operates the Chef's Basket packaged food brand.
Chinese food and beverage manufacturer Dali Foods Group, which is backed by CDH Investments, has launched a Hong Kong IPO with a target of HK$10.4 billion ($1.3 billion).
China consumer-focused GP Tiantu Capital has led a Series C round of funding for Meilapp, a mobile portal devoted to cosmetics and skincare.
The liberalization of China’s services sector represents a significant opportunity for private equity, although investors must think carefully about targeting appropriate areas and finding the right partners.
TinyOwl, an India-based mobile food-ordering platform, has raised INR500 million ($7.6 million) from existing investors Sequoia Capital and Matrix Partners.
Bolome, a Shanghai-based cross-border e-commerce platform, has raised a $30 million Series B round of funding from Chinese and South Korean investors including search engine Baidu, LB Investment, Share Capital and Chengwei Capital.
Jafco, TBS Innovation Partners and strategic investors iStyle and Excite Japan have invested JPY800 million ($6.6 million) in Open8, a Tokyo-based start-up that a video ad platform targeted at women.
Qraved, an Indonesia-based online restaurant booking platform, has secured an $8 million Series B round of funding co-led by US-based Richmond Global Ventures and China-based Gobi Partners.