CITIC Capital Partners has completed the privatization of US-listed Chinese telecom software provider AsiaInfo-Linkage in a deal that values the company at $887 million. CITIC Private Equity and China Broadband Capital were also part of the buyer consortium....
Buyouts | 16 Jan 2014 |
Matrix Partners China has led a $15 million Series B round of funding for Meet You, a menstruation cycle-tracking mobile app. Founder Fangyi Chen and existing investor China Renaissance K2 Ventures has reportedly participated.
Greater China | 16 Jan 2014 |
Australian hotel booking start-up SiteMinder has raised $30 million in funding led by Palo Alto-based Technology Crossover Ventures (TCV).
Australasia | 15 Jan 2014 |
Pune-based LinguaNext has raised a Series A round of funding from Helion Venture Partners to expand its international business. Financial terms of the deal were not disclosed.
South Asia | 15 Jan 2014 |
SoftBank Corp. has led a $120 million Series B round of funding for Wandoujia, a Chinese Android mobile app platform. Existing investors DCM and Innovation Works Development Fund (IWDF) also participated in the round.
Greater China | 15 Jan 2014 |
Having brought in eBay as a financial and a strategic partner for its Series C round, online marketplace Snapdeal continues to invest in its technology with one eye on profitability and ultimately a US IPO
Technology | 15 Jan 2014
Within 19 months of starting-up, Bangalore-based Little Eye Labs was snapped up by Facebook to take the social network’s mobile development to the next level. Little Eye Labs was also in talks with Twitter, but Facebook ended up offering a better deal....
Exits | 15 Jan 2014 |
Qiming Venture Partners has hired Helen Wong, formerly of GGV Capital, as a partner with responsibility for investment in the internet and consumer sectors. The move comes a few months after her predecessor in the role, Hans Tung, left Qiming for GGV....
People | 14 Jan 2014 |
Accel Partners has led an $800,000 Series A round of investment in ChargeBee, an Indian start-up that helps companies manage their subscription billings.
South Asia | 14 Jan 2014 |
Indonesian conglomerate The Bakrie Group has reportedly led a $25 million Series C round of funding for Path, a San Francisco-based social network platform. Existing investors also participated in the round, including Greylock Partners, KPCB, Index Ventures,...
Southeast Asia | 13 Jan 2014 |
China-focused Milestone Capital has invested in a Series A round of financing for Peking Joyworks Culture and Media, a Beijing-based online animations and comics producer. The specific investment amount was not disclosed but the company said it was tens...
Greater China | 10 Jan 2014 |
Bangalore-based start-up MobStac has raised $2 million in Series B funding from Cisco and existing investor Accel Partners.
South Asia | 10 Jan 2014 |
Facebook has acquired Ventureast and GSF Superangels-backed start-up Little Eye Labs, reportedly paying around $15 million for the Android app optimizer.
South Asia | 09 Jan 2014 |
Lightspeed China has led a $20 million Series B round of funding for Chinese cloud services provider QingCloud. Matrix Partners and existing investor BlueRun Ventures also participated.
Greater China | 09 Jan 2014 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney