The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $125 million in Hero Future Energies (HFE), a renewable energy platform based in India.
Innovation Network Corporation of Japan (INCJ) has committed to invest up to JPY700 million ($7 million) in a fresh round of funding for domestic industrial materials specialist Nakayama Amorphous.
VIPKID, an English-language learning platform that connects North American teachers with students in China, has received an undisclosed investment from Bryant Stibel, a new VC firm launched by retired NBA star Kobe Bryant and his partner Jeff Stibel.
US-based Platinum Private Equity has agreed to acquire two Chinese manufacturing units from Singapore’s Broadway Industrial Group for S$150 million ($111 million).
Quadrant Private Equity, which recently closed its eighth Australia mid-market fund at $980 million ($754 million), has agreed to buy Ardent Leisure’s Goodlife Health Clubs business for A$260 million.
WestBridge Capital Partners has invested INR77 million ($11 million) in Indian tableware retailer La Opala.
Goldman Sachs and South Korean mid-market focused PE firm EastBridge Partners have agreed to buy a majority stake in Korean cookware and kitchen appliances maker Happycall.
Bridgeport Capital has taken full ownership of Hawkesbridge Private Equity and will integrate the latter’s portfolio into its own. This follows a management buyout of Hawkesbridge’s property unit at the end of last year.
Singapore's Temasek Holdings has exited its stakes in Bharti Airtel and Intouch, telecommunications service providers based in India and Thailand respectively, to Singapore Telecommunications (SingTel) for a total of S$2.5 billion ($1.8 billion).
An investor consortium that includes several private equity firms has withdrawn their take-private offer for Chinese mobile dating app Momo.
TA Associates has contributed to a $140 million round for Indian women’s apparel retailer TCNS Clothing.
Scale Ventures, a recently launched Indian venture capital firm, has acquired the portfolio of seed-stage investor Guerrilla Ventures.
Japanese private equity firm Aspirant Group has committed to a JPY1.2 billion ($12.3 million) investment to take a 54% stake in Tokyo-listed kimono retailer Sagami.
Chinese Reform Holdings Corporation (CRHC), a Chinese state-owned asset manager, has launched a government-backed venture capital fund with a target of RMB200 billion ($30 billion).
You Pei Liang Pin, a Chinese B2B online food products supplier, has raised a RMB120 million ($18 million) funding round led by PE-backed online fresh-food retailer Yiguo and Chinese conglomerate GMK Group.
A PE-backed Chinese consortium has agreed to scale back its ongoing acquisition of the web browser business of Norway’s Opera Software to a value of $575 million. It follows a renegotiation earlier this year that agreed a $600 million deal as an alternative...
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $40 million investment in Chinese animal feed producer Anyou Biotechnology Group.
Didi Chuxing, China’s largest ride-hailing app operator which is set to acquire its rival Uber China, has received a strategic investment from China Post, a state-owned enterprise operating the official postal service in the country.
Tencent Holdings has led an undisclosed Series C+ round of funding for Chinese fitness app operator Keep.
K2VC, a Chinese early stage VC firm, has closed a new renminbi-denominated fund worth RMB1 billion ($150 million). It will target investments in growth-stage Chinese start-ups.
Indian budget hotel booking app Oyo has raised a INR4.1 billion ($62 million) funding round from existing investor SoftBank Group.
A US-based healthcare fund backed by Microsoft founder Bill Gates has led a A$4.5 million ($3.5 million) investment round in Australian medical technology company Atomo Diagnostics.
Oil and Natural Gas Corporation (ONGC), an energy sector supplier under the Indian government, has launched a INR1 billion ($15 million) venture fund to promote entrepreneurship in the struggling local fuel industry.
Meet You, a Chinese social networking platform for women, has completed a new round of funding worth RMB1 billion ($151 million), having removed its variable interest entity (VIE) structure in preparation for an onshore listing.