Singapore-based PE firm Tembusu Partners and local media entrepreneur Calvin Cheng have joined forces with Yu Dong, China Bona Film Group’s CEO, to launch a $100 million fund targeting China’s media and entertainment industry.
Software giant Kingsoft Corporation, smart phone maker Xiaomi and Singapore’s Temasek Holdings have agreed to invest $296 million in 21Vianet, a Chinese internet data center provider.
Startupbootcamp FinTech, a Europe-based accelerator that focuses on financial technology, has launched an Asian program in Singapore.
Rakuten Ventures, a corporate VC arm of Japanese e-commerce giant Rakuten, has led a $10 million Series A round for PocketMath, a Singapore-based mobile advertising platform.
Cyrus Driver has been named head of Asian private equity at Partners Group, replacing Andreas Baumann who has relocated to the US to head up the company’s business in the Americas.
A consortium led by Southeast Asia-focused GP Navis Capital Partners has acquired MFS Technology, a Singapore-based developer of rigid and flexible printed electronic circuits, for $95 million.
Alibaba Group’s online payment platform Alipay and IPV Capital have invested $12 million in a Series B round for V-key, a Singapore and US-based start-up specializing in mobile security and cryptography.
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Singapore-based early stage VC Wavemaker Pacific - a member of the DFJ Global Network - has appointed two tech entrepreneurs, Dennis Goh and Nix Nolledo, to its investment team.
Infocomm Investments, a VC arm of the Singapore government-backed Infocomm Development Authority (IDA), has opened an office in London, its second overseas base after Silicon Valley.
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Tembusu Partners has committed S$7 million ($5.5 million) in seed funding to GNum, developer of a patent-pending technology that allows calls from PCs and handheld devices to be routed to a user’s mobile phone without the need to first download an app.
Singapore sovereign wealth fund GIC Private has taken a 4.6% stake in Jimmy Choo as the luxury shoemaker went public on the London Stock Exchange at a valuation of GBP546 million ($879 million).
Singapore-based start-up accelerator JFDI.Asia has launched the fifth batch of its program which will include 12 new companies.
Singapore sovereign wealth fund GIC Private is said to have led a $150 million Series E round investment in US e-payments start-up Square.
Greater China and Southeast Asia-focused private equity firm Shaw Kwei & Partners has paid $17 million for a 60% stake in Singapore marine logistics firm Amos International.
Southern Capital Group has agreed to acquire a majority stake in United Engineers’ Singapore-listed engineering and construction division for S$230.2 million ($180 million) in cash.
3i Group has exited LHi Technology – a medical equipment manufacturer bought from Baring Private Equity Asia in 2008 – to US-based Carlisle Companies for an enterprise valuation of around $195 million, claiming a 2.9x money multiple.
China Investment Corporation (CIC) has made a partial exit from Singapore-listed agriculture and energy supply chain manager Noble Group, generating proceeds of S$396 milion ($310.6 million).
Boyu Capital and several Chinese strategic investors have joined a consortium that has committed $2.5 billion to Global Logistic Properties (GLP), a Singapore-listed warehouse operator.
Spring Seeds Capital, an investment arm of government-backed Spring Singapore, has launched an initiative that could channel up to S$60 million ($47 million) into local medical technology start-ups.
Temasek Holdings has received approval from the Competition Commission of India (CCI) to acquire a stake in Intas Pharmaceuticals from ChrysCapital Partners.
KKR has completed the S$1.4 billion ($1.1 billion) acquisition of intermediate bulk container (IBC) manufacturer Goodpack. The company delisted from the Singapore Exchange on September 15.
Japanese seed investor Rebright Partners has led a $1.1 million funding round for Clean Mobility Singapore, the Singapore-based start-up behind car rental service Smove, with participation from 500 Startups and Wavemaker Pacific.