Indonesian VC firm Kejora Ventures has reached a first close of nearly $25 million on its second fund and plans to expand into Thailand with the support of one of its LPs, the Chareon Pokphand family, which controls local conglomerate CP Group.
Bain Capital Private Equity has made a partial exit from Australian accounting software developer MYOB, reducing its holding from 56.25% to approximately 39.1%.
China’s largest express delivery services provider SF Express, which is backed by several PE investors, has completed a backdoor listing in Shenzhen that values the business at RMB43.3 billion ($6.6 billion).
Kickstart Ventures and BPI Capital have joined their parent Ayala Group to buy a 49% stake in the Philippines business of online fashion retailer Zalora.
K2 Global has raised $183 million for its debut venture fund, which aims to promote cross-border development in Asian and US technology start-ups.
Atzuche, a Shanghai-based peer-to-peer (P2P) car rental start-up, has completed a RMB400 million ($58 million) Series C round of funding.
The Hong Kong and Southeast Asia business of Fitness First, which is controlled by Oaktree Capital Management, has agreed to merge with Celebrity Fitness, a Southeast Asia gym operator owned by Navis Capital Partners.
CreditEase Insurance Agency, an insurance unit of China’s CreditEase Wealth Management, has raised RMB80 million ($12 million) from investors including IDG Capital through a private placement on the National Equities Exchange and Quotations (NEEQ).
AirTree Ventures has led a A$25 million ($19.2 million) investment in Australian financial technology company Prospa.
Sushiro Global Holdings, a sushi restaurant chain majority-owned by Permira, is looking to raise up to JPY82.4 billion ($728 million) through an IPO in Tokyo.
A group of investors including GSR Ventures has committed $15 million to C3Nano, a US-based supplier for the touchscreen and digital display industry looking to expand its footprint in China and Korea.
Banuba, a Hong Kong-based developer of technologies for augmented reality (AR) mobile applications, has raised $5 million from VP Capital and Larnabel Ventures.
Indonesian hotel reservation services provider Nida Rooms has raised a $5.6 million Series A round of funding led by China’s Shanda Group.
Beijing-based Anxin Doctor, a mobile app focused on pediatric and women's healthcare, has completed a RMB200 million ($29 million) Series B round of funding across two tranches.
Ant Financial, the financial services affiliate of China’s Alibaba Group, has agreed invest $200 million in a dedicated mobile finance platform that will soon be launched by South Korean internet giant Kakao Corp.
China’s iQiyi.com, a video-streaming platform majority-owned by search giant Baidu, has raised $1.53 billion from a group of private equity investors through the sale of convertible notes.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of $60 million to IDS Medical Systems, a Hong Kong-based healthcare industry supplier for Southeast Asia.
Meituan-Dianping, a China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has launched a RMB3 billion ($436 million) fund that will make early-stage consumer sector investments.
ChrysCapital has closed its seventh India fund with more than $600 million, beating its target.
Singapore’s Temasek Holdings has opened an office in San Francisco, expanding its US presence following the establishment of a New York office in 2014.
Singapore’s Temasek Holdings has made a strategic investment in Mobike, a Chinese smart bike rental services start-up, while existing backer Hillhouse Capital has also re-upped.
Chinese B2B hotel booking platform Haoqiao.cn has raised RMB120 million ($17 million) in an extended Series B round led by the government-backed National SME Development Fund and China Merchants Capital.
Japanese e-commerce company Mercari has agreed to acquire domestic competitor Zawatt, setting up an exit for a number of venture capital backers.
UK-based development finance institution (DFI) CDC Group has partnered with India’s Manipal Education & Medical Group for an $80 million fund targeting healthcare investments in emerging markets.