Japanese telecom giant KDDI has acquired a majority stake in VC-backed premium group-buying site Luxa.
Buyouts | 15 Apr 2015 |
In six years of operation, Singapore’s Hera Capital has pursued a strategy focusing on small funds and quick deployment. Managing Partner Thierry Panafieu explains the virtues of staying small
Southeast Asia | 15 Apr 2015
Having raised $850 million - the largest disclosed round for a Chinese tech start-up so far this year – in a matter of months, Dianping is now thought to be nearing an IPO. The investment values the 12-year-old company, described as a Chinese version...
Expansion | 15 Apr 2015 |
The chairman of Chinese app developer Sungy Mobile has submitted an offer to take the VC-backed company private less than 18 months after it went public on NASDAQ.
Buyouts | 14 Apr 2015 |
China Media Capital (CMC) has teamed up with London-headquartered TV producer FremantleMedia and Shanghai Media Group (SMG) to create a joint venture that will develop entertainment content for the China market.
Greater China | 14 Apr 2015 |
Vietnamese restaurant operator Huy Vietnam has raised a $15 million Series C round of funding led by Templeton Asset Management. Hong Kong-based firms Welkin Capital and Prosperous Alliance also took part in the round.
Southeast Asia | 14 Apr 2015 |
Chinese social networking platform Renren has led a $70 million Series C round for US-based mortgage marketplace LendingHome, bringing the total raised by the company to $109.3 million.
North America | 14 Apr 2015 |
Dragoneer Investment Group has led $10 million funding round for Indian online grocery retailer ZopNow. Existing investors Accel Partners, Qualcomm Ventures and Times Internet also participated.
South Asia | 14 Apr 2015 |
Japanese tech giant SoftBank Group, credit card firm Credit Saison, and Makoto Takaono - editor-in-chief of Forbes Japan - have invested JPY 1.6 billion ($13.3 million) in Origami, a Tokyo-based mobile commerce platform.
Technology | 14 Apr 2015 |
GGV Capital has led a $10 million Series B round of funding for Kujiale, a Chinese interior decoration services platform.
Greater China | 13 Apr 2015 |
Indian online restaurant and event guide Zomato has raised INR3.11 billion ($50 million) in a funding round led by existing investor Info Edge.
South Asia | 13 Apr 2015 |
Urban Ladder, which claims to be India’s leading furniture-focused online retailer, has received $50 million in a Series C round of funding led by Sequoia Capital and TR Capital.
Consumer | 10 Apr 2015 |
India-based digital wallet app developer MobiKwik has raised $25 million in a Series C round led by Tree Line Asia.
Consumer | 09 Apr 2015 |
Sweden's Investment AB Kinnevik has invested an additional EUR32 million ($34.4 million) in Global Fashion Group (GFG), an emerging markets fashion e-commerce group developed by Germany's Rocket Internet.
Consumer | 09 Apr 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo