The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, and domestic investor Enterprise Angels plan to commit about NZ$20 million ($14.3 million) to local start-ups over the next four years.
Sequoia Capital India has led a $6.3 million Series A round for Indian online financing marketplace KredX.
Private equity-backed Chinese logistics operator ZTO Express has raised $1.4 billion in its New York Stock Exchange IPO after pricing its shares above the indicative range. It is the largest US float by a Chinese company since Alibaba Group in 2014.
Yello Digital Marketing (YDM), the digital marketing unit of South Korean mobile internet company Yello Mobile, has received $15 million in funding from Partners For Growth (PFG), the PE arm of SVB Financial Group.
BlueRun Ventures has closed its latest China-focused fund - comprising US dollar and renminbi-denominated tranches - with more than $500 million in aggregate commitments.
Ostro Energy, an Indian renewable energy platform backed by Actis Capital, has agreed to buy a solar power project owned by Suzlon Energy.
U51.com, a Chinese credit card management mobile app, has secured $84 million in an extended Series C round from Chinese asset manager Harvest Global Investments and department store operator Intime Retail Group.
Simmons Private Equity (SPE), an energy-focused investor based in the US, has acquired Malaysian oil company Leap Energy as part of a plan to establish a global upstream consulting group.
Multiples Alternative Asset Management has agreed to invest INR7.4 billion ($110 million) in Arvind Fashions, the branded apparel distribution arm of listed Indian textile manufacturer Arvind.
China Everbright (CEL), the Hong Kong-listed multi-platform asset manager backed by state-owned China Everbright Group, is set to receive a separate account mandate from the National Council for Social Security Fund (NSSF), China’s largest pension fund.
IDG Capital Partners and Walden International have led a $65 million Series B funding round for US and China-based artificial intelligence (AI) and robotics company Rokid.
Northstar Group has offered to buy Singapore-listed Innovalues, a components manufacturer for the automotive and industrials sectors, in a deal that values the business at approximately S$331.4 million ($238 million).
Motilal Oswal Private Equity (MOPE) has invested INR1 billion ($15 million) in Indian packaged cereals producer Ganesh Grains.
Crescent Capital Partners has agreed to sell a 14.9% stake in Australian financial services provider ClearView Wealth to Sony Life Insurance for approximately A$145 million ($111 million).
JD Finance, the financial subsidiary of Chinese online retailer JD.com, has led a $30 million Series B round for Microseer, a Shanghai-based human resources and IT outsourcing services start-up.
Blume Ventures has reached a final close of $60 million on its second India early-stage fund.
Shanghai-listed Zhongji Investment Holding has won shareholder approval to acquire UK-based Jagex Games Studio, the VC-backed developer of online role-playing game "RuneScape," in a deal worth RMB1.63 billion ($240 million).
A consortium led by US private equity firm Housatonic Partners will acquire a majority stake in the Australian records management unit of New York-listed business services provider Iron Mountain for $A70 million ($53 million).
Sequoia Capital China has agreed to invest RMB348 million ($51.7 million) in Gopher Asset Management, the alternative asset management unit of China’s Noah Holdings.
NewQuest Capital Partners has joined a $21 million investment in construction firm Capacit’e Infraprojects and engineering components manufacturer Maini Precision Products, both of which are portfolio companies of India-based GP Paragon Partners.
Intel Capital, the captive VC arm of Intel Corp, is backing two Chinese data and connectivity start-ups as part of a $38 million investment package across 12 companies.
US early-stage investor Mayfield and IIFL Wealth Management have invested INR500 million ($7.5 million) of Series B funding in Indian quick service restaurant (QSR) chain and food delivery start-up Box8.
The Everstone Group has bought a majority stake in Indian pharmaceutical developer Rubicon Research for INR2.2 billion ($32.9 million), providing an exit for Kotak Private Equity.
US-based retailer Walmart has made a $50 million strategic investment in New Dada, a Chinese online grocery and delivery platform part-owned by JD.com.