Articles by Justin Niessner
Navis to sell stake in Singapore's White Lodge Education
Navis Capital Partners has agreed to sell a 70% stake in White Lodge Education Group Services, a Singapore-based preschool and kindergarten operator, for S$13.3 million ($9.8 million).
Jungle targets $150m for third SE Asia VC fund
Singapore-based Jungle Ventures has launched its third Southeast Asia-focused VC fund with a target of $150 million.
Deal focus: Keep makes a sport of data monetization
After raising a $127 million Series D round from the likes of Goldman Sachs and GGV Capital, Chinese fitness app operator Keep is set to find new ways of monetizing its user behavior data
CDIB backs Korean cosmetic masks manufacturer
CDIB Capital, the private equity arm of Taiwan’s China Development Financial, has invested an undisclosed sum in Korean cosmetics maker E.CIS Cosmetic (ECIS).
Blackbird leads $40m round for Australia's Culture Amp
Blackbird Ventures has led a $40 million Series D round for Culture Amp, an Australia-based company focused on analytics technology that helps enterprise customers manage staff morale and performance.
TPG leads $100m Series D for India’s Bigtree
TPG Capital has led a $100 million Series D funding round for Bigtree Entertainment, an India-based ticketing services company best known for its aggregator service BookMyShow.
India's OfBusiness gets $29m Series C
OfBusiness, an India-based financial technology company focused on smart financing services has received an INR2 billion ($29 million) Series C funding round led by Creation Investments and Falcon Edge.
Booking.com owner invests $500m in China’s Didi
Booking Holdings, which operates a number of online travel businesses including Booking.com, has invested $500 million in Didi Chuxing, a Chinese ride-hailing company with substantial PE and VC backing.
China biotech: Finding the formula
An eruption of investment and company creation in Chinese biotech has signaled the dawn of a raw but promising market. First-movers must negotiate immediate pitfalls while targeting long-term upside
LeapFrog acquires Indian medical device maker
LeapFrog Investments has acquired a majority stake in India-base healthcare industry supplier Ascent Meditech for an undisclosed sum.
Cathay reaches $700m first close on Sino-European fund
Cathay Capital Private Equity has reached a first close of EUR600 million ($702 million) for its latest middle-market Sino-European fund. The target is EUR1.2 billion.
Golden Equator, KIP launch Southeast Asia tech fund
Singapore’s Golden Equator Capital and Korea Investment Partners (KIP) have jointly launched a S$120 million ($88 million) Southeast Asia technology fund focused on start-ups and small to medium-sized enterprises (SME).
Hong Kong's GoGoVan raises $250m
Hong Kong-based last-mile logistics company GoGoVan has raised $250 million from a group of investors led by China’s InnoVision Capital.
Jade Invest acquires China's Guardian Hygiene
Chinese mid-market private equity buyout firm Jade Invest has acquired domestic pest control company Guardian Hygiene Service for an undisclosed sum.
Itochu leads $55m Series C for Japan's Paidy
Itochu Corporation has led a $55 million Series C funding round for Japanese financial technology company Paidy.
Malaysia to see increased mid-market competition
A shortage of attractive and accessible targets and the introduction of new private equity players - notably from the banking sector - could result in a squeeze on Malaysia’s middle-market deal flow.
China's Pony.ai adds $112m to Series A round
ClearVue Partners and Eight Roads Ventures have led a $112 million investment in China and US-based autonomous driving technology developer Pony.ai that brings the start-up’s total Series A funding to $214 million.
Q&A: Openspace Ventures' Shane Chesson
Having co-founded NSI Ventures as an affiliate of Northstar Group, Shane Chesson took the business independent this year and renamed it Openspace Ventures. He discusses Southeast Asia’s macro outlook
Malaysia PE: Shaken, not stirred
Malaysian investors are unfazed by a period of political tumult that has directly embroiled the country’s government-guided private equity industry. An erratic growth trajectory now appears set to stabilize
Long Hill raises $252m for China VC fund, has yet to close
Long Hill Capital, a Chinese venture capital firm that spun out from New Enterprise Associates (NEA) in 2016, has raised $252.2 million for its second VC fund.
China’s Ganesh launches $250m India VC fund
Ganesh Ventures, a Chinese investor focused on India, has reached a first close of $30 million for a VC fund targeting $250 million.
IndiaLends raises $10m Series B round
IndiaLends, a New Delhi-based financial technology company focused on credit and analytics services, has raised $10 million in Series B funding from India-focused Ganesh Ventures and UK-based ACPI Investment Managers.
TPG leads $60m Series C for China's Moretickets
TPG Capital has led a $60 million Series C funding round for Moretickets, a Chinese events ticketing platform operator.
Jafco leads $11m round for Japan, US-based Trillium
Jafco has led an $11 million funding round for Trillium, a cybersecurity company focused on the autonomous vehicle industry based in Japan and the US.