Following the announced merger of Dianping and Meituan, further consolidation is expected in China's online-to-offline (O2O) services market
Venture | 14 Oct 2015
Venturra Partners will draw on its founders' investment and entrepreneurial experience, plus a strategic connection to Lippo Group, as it helps Southeast Asian start-ups achieve scale
Venture | 13 Oct 2015
KKR, Alibaba Group and Ping An Group have agreed to provide $300 million in Series A funding to 58 Daojia, the online-to-offline (O2O) local services platform of US-listed Chinese classifieds site 58.com.
Technology | 13 Oct 2015 |
Singapore's Temasek Holdings is supporting the $67 billion acquisition of data storage and cloud computing company EMC Corporation by US-based computer maker Dell. Other backers include Silver Lake and MSD Partners.
North America | 13 Oct 2015 |
Early- and growth-stage technology deals dominate the China investment charts; middle market fundraising enjoys a rebound; private equity investors turn to trade sales as the public markets flounder
Buyouts | 13 Oct 2015
Vertex Ventures, a VC firm controlled by Singapore’s Temasek Holdings, has appointed Ben Mathias as managing director and head of India. He joins from New Enterprise Associates.
Venture | 12 Oct 2015 |
China’s CMC Capital Partners, a private equity firm set up by Ruigang Li, formerly president of Shanghai Media Group (SMG), is looking to raise $1 billion for its second media-focused fund.
Greater China | 12 Oct 2015 |
Chinese online game developer Giant Interactive Group, which was taken private last year by a consortium of PE investors in conjunction with the company’s CEO, is seeking to re-list in Shenzhen through a reverse merger.
Greater China | 09 Oct 2015 |
Sequoia Capital and Kalaari Capital have committed $10 million in Series B funding to Indian start-up Cryptopy Technologies, the developer of rental property listing platform Grabhouse.
South Asia | 09 Oct 2015 |
Rival Chinese online-to-offline (O2O) services platforms Dianping and Meituan – both of which have received substantial private equity and strategic funding – have agreed to merge. It is thought the combined entity would be worth at least $15 billion.
Greater China | 08 Oct 2015 |
CreditEase, a leading Chinese peer-to-peer (P2P) microcredit lender, has reached a first close of $30 million on its debut Israel-focused fund.
Greater China | 08 Oct 2015 |
Golden Gate Ventures has led a S$4.7 million ($3.3 million) Series A round for HipVan, a Singapore-based online store for designer furniture.
Southeast Asia | 08 Oct 2015 |
Canva, an Australian online design platform, has raised $15 million in a Series A round of funding led by Felicis Ventures alongside existing investors Blackbird Ventures and Matrix Partners.
Australasia | 07 Oct 2015 |
Singapore-based personal finance portal MoneySmart has raised S$2.8 million ($2 million) in a Series A round led by Singapore Press Holdings (SPH) Media Fund, with participation by Convergence Ventures, OPT SEA and Golden Gate Ventures.
Southeast Asia | 07 Oct 2015 |
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The Australasian alternative assets industry is evolving and this is creating a new set of challenges for participants. Funds seeking new commitments typically require the lion share to be from offshore, the deal environment is competitive and in general market activity has slowed reflecting the regions overall macro-economic story. However, a handful of funds have had successful fundraises and it is clear that the GPs that measure up when benchmarked on a global stage will continue to drive the domestic industry forward.
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