Indian private equity firm True North closed its sixth fund last year at about $600 million, falling short of a revised target.
Singapore-headquartered venture capital firm Her Capital is seeking to raise a debut $10 million fund to invest in Southeast Asia with a gender lens-focused thesis.
Indian online tutoring service Vedantu has raised $100 million in a Series D round led by US hedge fund Coatue Management.
Vertex Holdings’ Chua Kee-Lock likens his network of VC funds seeded by the Temasek-owned entity as a distributed computer system. It will draw down more power as it grows
Walmart has led a $1.2 billion funding round for Flipkart, the Indian e-commerce business in which it acquired a majority stake at a valuation of $24 billion in 2018.
Google has agreed to invest INR337.3 billion ($4.5 billion) in India’s Jio Platforms and outlined plans to build a low-cost smart phone aimed at the mass-market.
Indian online education platform Unacademy has acquired a majority stake in industry peer Mastree. It is the company's second acquisition in recent weeks, suggesting a consolidation strategy within the space.
Google will launch a INR750 billion ($10 billion) fund to make equity, operational, infrastructure and ecosystem investments that seek to increase the pace of digitization in India.
Ocumension Therapeutics, a Chinese drug developer targeting eye diseases that counts Boyu Capital and Temasek Holdings among its backers, posted a 152% gain on debut following a HK$1.5 billion ($200 million) Hong Kong IPO.
Qualcomm Ventures has agreed to invest INR7.3 billion ($97 million) in India’s Jio Platforms, the holding company for various internet and telecom assets owned by Reliance Industries.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
CLSA, the international arm of China-based brokerage CITIC Securities, has launched a strategy to offer high net worth clients investment opportunities in late-stage private companies in Asia.
Singapore-headquartered investment firm Blue Ashva Capital has secured a first close of INR4.5 billion ($60 million) for an India-domiciled fund that will invest in small and medium-sized enterprises (SMEs) and start-ups.
Energy giant BP has agreed to invest $70 million in Green Growth Equity Fund (GGEF), a PE vehicle co-managed by Everstone Group that invests in sustainable infrastructure projects in India.
Growth capital investor B Capital expects enterprise services to feature prominently in its Fund II portfolio as technology ecosystems in Southeast Asia and India continue to develop
Social Bella, an Indonesian online services provider for the beauty and personal care industry, has raised $58 million in Series E funding.
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
TA Associates has invested an undisclosed sum in the National Stock Exchange of India (NSE).
Intel Capital has agreed to invest INR18.9 billion ($250 million) in India’s Jio Platforms marking the company’s 12th investment in 11 weeks.
Australian start-up Soil Carbon is developing microbial technology that can be used to limit carbon emissions from crops. Horizons Ventures has provided financial support for the project
In internet service provider Frontiir, Ascent Capital believes it has a portfolio company that can deliver profit and positive social impact in Myanmar
Lightspeed India Partners and Falcon Edge Capital have led a $7 million Series A round for Nextbillion, a Singapore-based provider of artificial intelligence-enabled mapping software solutions.
CapitalG, Google’s corporate venture arm that focuses on growth equity investments, has led an INR2.1 billion ($27.5 million) funding round for Indian non-bank lender Aye Finance.
Tencent Holdings has agreed to acquire the assets of Malaysia-headquartered streaming platform Iflix, which was previously backed by a number of private equity and strategic players.