Singapore-based Jungle Ventures has closed its third early-stage Southeast Asia VC fund at $240 million, more than doubling the previous vintage.
Fund III was launched last year with a target of $150 million, which was increased to $200 million in December due to strong investor interest. A first close of $175 million came in April, following another...
Shanghai Kechow Pharma, a Chinese small molecule targeted drug developer, has raised a $45 million Series C round led by Decheng Capital.
Kurt Bjorklund, a co-managing partner at Permira, explains how a sector-focused investment style is becoming indispensable in Asia’s competitive and disruption-prone markets
Baibu, a Chinese B2B trading and services platform for the textiles and fabrics industry, has raised a $300 million Series D round led by DST Global.
Food delivery start-up Delivery Hero has agreed to acquire Korean peer Woowa Brothers in a deal that values the target at $4 billion and will facilitate exits for several private equity investors.