Having agreed to provide a succession solution to the founder of Korean furniture retailer and interior designer Hanssem, IMM Private Equity wants to harness growth through demographics and differentiation
The lack of a reliable IPO channel is a longstanding exit obstacle for venture capital investors in India. Domestic listings may, unexpectedly, prove to be the answer
Best & Less Group (BLG), an Australian baby, kids and womenswear retailer, has raised A$60 million ($44 million) through a domestic IPO, facilitating a partial exit for majority owner Allegro Funds Group.
PAG has acquired a controlling stake in Acme Formulation Private, an India-based contract development and manufacturing organization (CDMO), for approximately $145 million.
Asia Partners and Falcon Eduge Capital have led a $100 million Series B round for GudangAda, an Indonesian online marketplace that targets wholesale and small-scale retailers.
PropertyGuru, a PE-backed Southeast Asia real estate portal, has agreed to merge with a special purpose acquisition company (SPAC) established by Peter Thiel and Richard Li, son of Hong Kong billionaire Li-ka Shing, for an enterprise valuation of $1.35...
Five VC-backed pre-revenue Chinese biotech companies have filed to list in Hong Kong over the past two weeks, doubling the size of the IPO pipeline in this category.
Japan Growth Investments Alliance (J-GIA) has agreed to buy a majority stake in furniture and home décor business Francfranc – which has stores in Japan and Hong Kong – from Seven & i Holdings, the parent of 7-Eleven.
FTX, a Hong Kong-headquartered cryptocurrency exchange, has raised $900 million in Series B funding at a valuation of $18 billion, up from $1.2 billion on closing the Series A last year.
Ince Capital, a Chinese venture capital firm established by J.P. Gan, formerly a managing partner at Qiming Venture Partners, has achieved a first close of approximately $450 million on its second fund.
LeapFrong Investments and Khosla Ventures have led a $75 million Series C round for HealthifyMe, a mobile health and fitness app operator with a presence in India and Southeast Asia.
Spinny, an Indian online used car marketplace, has raised $108 million in Series D funding led by Tiger Global Management and US-based investor Avenir Growth.
SoftBank Vision Fund 2 and Prosus Ventures have led a $1.25 billion funding round for Swiggy, an India-based on-demand delivery platform.
Engagement, efficiency, and accountability are the driving forces behind reforms to Australia’s superannuation system. But could private equity lose out in a race to the middle on returns?
PatPat, a Chinese-founded children’s wear brand that claims to be the world’s largest direct-to-consumer (DTC) player in its segment, has raised $510 million across two rounds of funding.
A drop-off in PE and VC technology investment in China in the second quarter of 2021 – widely linked to a multi-faceted regulatory crackdown on the sector – was to some extent counterbalanced by record levels of activity in India and Southeast Asia.
Sherpa Healthcare Partners has led a $30 million Series A for Paq Therapeutics, a Chinese-founded biotech company specializing in treatments based on molecules that enhance the degradation of disease-causing entities.
Creador has reached a first close of $500 million on its fifth South and Southeast Asia-focused fund, with the first three investments set for completion in August.
Yanolja, which claims to be South Korea’s only travel industry unicorn, has received $1.7 billion from SoftBank Vision Fund 2. There are no other investors in the round.
Gogox, a Hong Kong-headquartered last-mile logistics company formerly known as GoGoVan, has raised $100 million in funding led by the international arm of China Bank of Communications and Cyberport Macro Fund.
Indian digital payments provider Mobikwik is looking to raise up to INR19 billion ($255 million) through a domestic IPO that would facilitate partial exits for a string of investors.
A quickfire fundraise by Boyu Capital – which saw $6 billion collected across two pools of capital in the space of a few months – accounted for more than one-quarter of all capital committed to Asia-focused private equity managers between April and...
Temasek Holdings shook off last year’s retraction in value to post its highest shareholder return in 11 years, with the overall portfolio reaching a record S$381 billion ($281 billion) for the 12 months ended March.
Efforts to rein in China’s technology giants have dampened investor sentiment, with India and Southeast Asia stepping into the void. China remains active for fundraising, but there are fears that US IPO activity could take a hit