Shunwei Capital Partners, a Chinese VC firm set up by Lei Jun, a founder of mobile phone maker Xiaomi, has closed its first renminbi-denominated fund at RMB1 billion ($160 million).
Venture | 18 Feb 2015 |
Helijia, a Chinese mobile app for booking manicure appointments, has raised a $50 million Series C round of funding from several venture capital investors, valuing the start-up at approximately $300 million.
Greater China | 18 Feb 2015 |
Plans to reinstate tax breaks for Australian start-ups that issue share options to staff rather than pay sizeable salaries has cheered VC investors. They are generally positive about the government role in fostering innovation
Australasia | 18 Feb 2015 |
Tiger Global has led a $4 million Series A round investment in India's News In Shorts (NIS), a mobile-based service that aggregates shortened news stories.
South Asia | 17 Feb 2015 |
Didi Dache and Kuaidi Dache, China's two largest venture capital-backed taxi-booking app start-ups, are planning to merge to create one of the largest companies of its kind in the world.
Greater China | 16 Feb 2015 |
Sequoia Capital India and Matrix Partners have invested $30 million in a Series B round of funding for Practo Technologies, an Indian start-up that provides a search portal matching patients and doctors.
South Asia | 13 Feb 2015 |
WhitePlus - the Japanese start-up behind an online laundry service called Lenet - has managed to raise JPY408 million ($3.4 million) from Yahoo! Japan's corporate investment arm, YJ Capital.
North Asia | 12 Feb 2015 |
Metaps, a Japanese start-up that provides an app monetization platform using artificial intelligence (AI), has raised a $36 million Series C round of funding.
South Asia | 12 Feb 2015 |
Korean Investment Partners (KIP), South Korea’s biggest venture capital firm, has led a $10 million Series A round of investment for Cosmeapp, a Chinese mobile app that provides cosmetics reviews.
Greater China | 12 Feb 2015 |
Chinese B2B trading platforms Zhaogang.com and Zhaosuliao.com share more than just a desire to bring about technology-enabled disruption of inefficient offline industry supply chains. They also have several backers in common: IDG Capital Partners, Matrix...
Venture | 11 Feb 2015 |
SAIF Partners and Innovation Works have provided a Series A round of funding for Beijing Dnurse Technology, a Chinese company that develops technology used to track sugar levels in the body.
Greater China | 11 Feb 2015 |
Japanese messaging app developer Line Corporation has launched a JPY5 billion ($42 million) investment fund to invest in start-ups.
North Asia | 10 Feb 2015 |
Lightbox Ventures has led a $20 million Series B round of funding for Faaso's Food Service, a tech-enabled quick-service restaurant (QSR) chain based in India.
Consumer | 10 Feb 2015 |
Two hedge funds, San Francisco-based Valiant Capital Management and Hong Kong’s Tybourne Capital Management, have participated in an $80 million Series C round for Indian mobile top-up platform FreeCharge.
Venture | 09 Feb 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