Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
LBNCo, an Australian fiber optic network provider acquired last year by a consortium led by ROC Partners, will be sold to industry peer Uniti Wireless for A$100 million ($67.7 million).
Bain Capital has agreed to buy the Australia and New Zealand businesses of market research and consulting company Kantar from the local branch of UK-based media conglomerate WPP Group for A$168 million ($114 million).
Chatwork, a Japan-based business chat platform developer, has filed for an IPO in Tokyo that will provide an exit to several of its venture capital backers.
Chiratae Ventures has led a $7.5 million Series A round for Miko, an India-based developer of robots for children.
D&D Pharmatech, a South Korean biotechnology company, has raised a $137 million Series B round from a group of Korean and US investors.
WeWork, a US co-working space provider pursuing an aggressive Asia expansion with the backing of several PE investors, revealed a number of risks associated with rapid global growth in a filing for its US IPO.
Jade Invest has confirmed a partial exit from Chinese lifestyle goods retailer Latt Liv, selling a “strategic stake” to e-commerce giant JD.com. Financial terms have not been disclosed.
CSB, an Indian private bank with several private equity backers, has filed for an IPO that is expected to raise at least INR300 million ($4.2 million). It is the first PE-backed IPO filing in more than nine months.
Zhihu, a Chinese question-and-answer platform, has raised a $434 million Series F round led by domestic search engine Baidu and short video site Beijing Kuaishou Technology.
The Kotak Special Situations Fund, which is sponsored by an alternative assets arm of Kotak Mahindra Group focused on Indian non-performing loans (NPLs), has reached a final close of $1 billion.
Bertelsmann India Investments has led a $30 million funding round for Rupeek, an India-based online gold loan marketplace.
KKR has announced a strategic partnership with Hong Kong-listed lighting solutions company NVC Lighting in which the GP will acquire a controlling stake in NVC’s mainland China business.
Indian financial technology platform Lendingkart has raised a INR2.1 billion ($29.9 million) Series D round from existing investors Fullerton Financial Holdings, Bertelsmann India Investment, and India Quotient.
Chinese contract research organization (CRO) Biocytogen has raised a RMB543 million ($78 million) Series D round led by China Life Insurance and SDIC Venture Capital, a VC arm of the State Development & Investment Corporation (SDIC).
Women remain underrepresented in start-up ecosystems across Asia, but for those who have taken the plunge, there is potential to make a social impact that transcends their respective target markets
US-based private equity firm JC Flowers is planning to sell nearly all of its stake in Japanese financial institution Shinsei Bank for an undisclosed amount.
Ou Wang, the former head of private equity for China Investment Corporation (CIC), has joined China Renaissance Holdings as a strategy consultant. He has also joined the board of Huajing Securities, the firm’s mainland China-focused investment banking...
Erika Cheung, who helped bring the fraud at Theranos to the attention of regulators, discusses her current role as an advisor at Hong Kong accelerator Betatron and the challenges faced by women entrepreneurs
VC firms are increasingly serious about identifying and elevating prospective female talent, but the industry’s culture has a long way to go before women can feel truly valued and contribute their best work
Invest2Innovate, an accelerator program for technology start-ups in emerging markets, has launched a $15 million venture capital fund focused on Pakistan.
Indian co-working space provider GoWork has raised a $53 million round of debt financing led by BlackRock’s private credit team, with participation by CLSA Capital Partners’ special situations group.
Singapore’s GIC Private has agreed to invest up to INR44 billion ($621 million) in nine toll road assets controlled by Indian private road and highway firm IRB Infrastructure Developers.
AustralianSuper and Ontario Teachers’ Pension Plan (OTPP) have agreed to commit up to $1 billion each to the National Investment & Infrastructure Fund (NIIF), a vehicle backed by the Indian government.