Indian technology investment firm and accelerator Techcelx has launched a INR1 billion ($15 million) venture fund targeting domestic companies in banking, education and healthcare.
IMM Private Equity has closed its third Korea-focused fund at approximately KRW1.25 trillion ($1.15 billion), having seen an uptick in foreign investor participation compared to the previous vehicle.
The Indian government has launched a INR600 million ($9 million) fund-of-funds to support domestic start-ups in rural and agriculture-focused industries.
DCL Investments, a spin-out from China-focused distressed debt and special situations investor Shoreline Capital, has closed its debut fund with more than RMB3.7 billion ($500 million) in commitments.
Redpoint Ventures, a US early-stage venture firm, has closed its debut China VC fund at $180 million.
Chinese search giant Baidu has established a RMB20 billion ($3 billion) investment fund, called Baidu Capital, to target mid- and late-stage deals in the internet industry.
Voting for the 2016 AVCJ Private Equity & Venture Capital Awards runs until October 28.
Hong Kong-based private equity real estate investor Gaw Capital Partners has partnered with Australia's Abacus Property Group on an Australia-focused real estate fund.
Indian venture capital firm Ventureast Fund Advisors has reached a first close of $83 million on its latest technology-focused fund.
Japan’s Genuine Startups and US design company Ideo have launched a Tokyo-based venture capital unit that will invest in domestic early-stage companies with plans for international expansion.
VIG Partners has reached a first close of $480 million on its third Korea-focused fund. The GP, which was formerly known as Vogo Investment, is expected to reach its target of $600 million by the end of the year.
US-based accelerator 500 Startups has launched its second seed fund focused on Southeast Asia, with a targeted corpus of $50 million.
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest up to $700 million in Edelweiss Group for investments in private debt in India.
Innovation Network Corporation of Japan (INCJ) has committed up to JPY10.4 billion ($102.6 million) to funds managed by domestic VC firms MedVenture Partners and Universal Materials Incubator.
Zoomlion Heavy Industry Science and Technology, a China-based construction machinery maker, has launched an industry PE fund with an overall target of RMB3.21 billion ($481 million).
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.
Indian venture capital firm YourNest has launched its second fund for early-stage investments with a target size of INR3 billion ($45.1 million).
Japan’s Jafco has achieved a first close on its fifth global venture capital and buyout fund with JPY41 billion ($408 million) in commitments.
MicuRx Pharmaceuticals, a Sino-US bio-pharmaceutical company, has raised a $55 million Series C round of funding led by Shanghai-based GP Healthcare Capital.
China has launched a RMB350 billion ($52.5 billion) private equity fund to restructure state-owned enterprises (SOEs) as part of efforts to improve operational efficiency and encourage industry consolidation.
Wingate Private Equity and Sandbar Investments have acquired Australian digital media provider Medical Channel.
CVC Capital Partners has bought a controlling stake in Japanese assisted living, nursery school and cleaning services provider Hasegawa Holdings.
Infinity Group, a China-Israel cross-border private equity firm, has partnered with Chinese IT services provider Neusoft Corporation to launch a $250 million medical technology fund.
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $6 million Series A round for Indian customer experience management platform CloudCherry alongside Cisco Investments, the corporate VC arm of Cisco Systems.