India's private debt markets lack coordination and standardization. Vivriti Capital hopes to fix this by bringing issuance online. LGT Lightstone Aspada has provided $50 million in support of this effort
MiningLamp Technology, a Chinese big data company, has raised $300 million Series E led by Temasek Holdings and Tencent Holdings. Kuaishou, a local short-video sharing platform backed by Tencent, also took part in the round.
AISing, a Japan-based developer of edge artificial intelligence (AI) technology used in industrial robots and self-driving cars, has raised JPY700 million ($6.5 million) in Series B funding.
Accion Labs, a US-headquartered start-up with Asian operations that helps companies implement emerging technologies, has received a strategic growth investment by TA Associates.
Udesk, a software-as-a-service (SaaS) provider focused on customer service systems, has raised RMB250 million ($35 million) in an extended Series C round from an undisclosed US hedge fund.
Horangi, a Singaporean cybersecurity specialist, raised $20 million in a Series B round led by Provident Growth, a Southeast Asia-focused private equity firm in Hong Kong.
Anecdotal feedback from secondaries professionals reveals a quick onset of stagnation in the market due to COVID-19. Creative workarounds are not impossible, but almost
Temasek Holdings has led a $70 million Series C round for Chinese drug developer Abbisko Therapeutics.
Fengxing Zhitu, a subsidiary of Chinese courier company SF Express, has raised a RMB100 million ($14 million) Series A round led by Everest Venture Capital. Oriza Holdings, Maison Capital, and Jade Capital also took part.
Nature’s Fynd, a US-based developer of edible proteins from non-animal and non-plant sources that is seen as having considerable application potential in Asia, has raised $80 million in Series B funding.
Having established itself as a leading player in the renminbi space, China healthcare sector specialist GTJA Investment Group now wants to prove its worth to overseas LPs
India Grid Trust (IndiGrid), an infrastructure investment trust backed by KKR and GIC Private, has acquired a power distribution company in northeast India for INR10.2 billion ($134 million).
Hillhouse Capital has led a $60 million Series B round for China’s Iaso Biotherapeutics via its newly established VC unit GL Ventures.
Bosheng Guangdian, a Chinese optical semiconductor maker targeting the smart phone market, has raised RMB100 million ($14 million) from a group featuring Vision Knight Capital.
Economic disruption caused by the coronavirus outbreak is likely to leave many private equity portfolio companies in breach of their leverage covenants. Borrowers and lenders are looking for a fix
Qinhan Hutong, a Chinese education provider that offers an art and culture curriculum, has raised RMB150 million ($21 million) in Series B funding from Mingde Chuancheng, a Shanghai-based education and consulting company.
SecuLetter, a Korean cybersecurity technology provider, has raised a $8 million Series B round that included Saudi Arabian VC firm Riyadh Valley Company.
The founders of Hong Kong-listed Li & Fung have teamed up with PE-owned warehouse operator GLP on a take-private offer that values their company at HK$10.7 billion ($1.37 billion).
Latin Leap, a Colombian VC investor and start-up services provider, has launched a boutique fund targeting $20 million to help Southeast Asian companies expand into Latin America.
Norwest Venture Partners has led a INR3.5 billion ($46 million) Series E round for Veritas Finance, an Indian non-banking finance company (NBFC) that issues loans to micro, small and medium-sized enterprises (MSMEs).
Sequoia Capital China has invested of RMB1.2 billion ($171 million) in Chinese dairy products manufacturer Junlebao, becoming the largest institutional investor with a 15.26% stake.
Unable to achieve the cost-effectiveness of America's driverless grocery delivery services in China, Neolix refocused on transporting meals. Investor Yunqi Partners believes simple solutions mean quicker commercialization
Indian hotel platform Oyo has concluded a $1.5 billion Series F round by raising $807 million from RA Hospitality Holdings, an entity controlled by founder and CEO Ritesh Agarwal, and SoftBank Vision Fund.
Pacific Equity Partners (PEP) and BGH Capital are continuing their due diligence on Australian cinema and theme park operator Village Roadshow despite the company experiencing difficulties due to coronavirus outbreak.