WayCool Foods receives $32 million in funding to support an expansion of its agricultural technology proposition that removes middlemen - and boosts efficiency - in food supply chains
Anthony Kerwick, a managing director at Australia’s Adamantem Capital, on the coronavirus impact, helping capital constrained companies, and why he avoids using the term ‘proprietary’
Singapore-based Asia Partners has led a $35 million round for Hong Kong online education start-up Snapask. It coincides with the company’s relocation to Singapore.
Warburg Pincus will invest INR10.8 billion ($150.7 million) in Apollo Tyres, a multinational tire manufacturer headquartered in India.
Indian scooter rental start-up Vogo has raised $19 million for fleet expansion in a Series C round led by LGT Lightstone Aspada.
I-nest Capital, a Japanese VC firm set up last year by former Mizuho Financial Group employees, has raised JPY6.6 billion ($60 million) for its debut fund. The target was JPY6 billion.
Chinese children’s storytelling start-up Kaishu Story, also known as Kaishu Jianggushi, has raised $66 million in an extended tranche of Series C round led by Trustbridge Partners.
IDG Capital has led a $50 million Series B round for Guoquan, a Chinese hot pot ingredients supplier. Other investors include VKC Partners and Buhuo Ventures.
UK-based development finance institution CDC Group led a $20 million funding round for iMerit, a firm that helps train artificial intelligence (AI) processes.
Rupeek, an India-based online gold loan marketplace, has received $60 million in a funding round led by GGV Capital and Bertelsmann India Investments.
Lightspeed China Partners and its global affiliate have co-led a $42 million Series C round for Laiye Technology, a Chinese artificial intelligence (AI) start-up that specializes in robotic process automation (RPA).
Partners Group has been granted a call option on Chinese conglomerate Jangho Group’s 15.9% stake in Australian healthcare services provider Healius, enabling the private equity firm to make a A$2.1 billion ($1.4 billion) bid for the entire business.
Singapore-based ride-hailing and online-to-offline (O2O) services platform Grab has raised $856 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) and TIS Intec Group.
BharatPe, a digital payment services provider for offline businesses, has raised $75 million to help fund a non-banking financial company (NBFC) that will issue loans to small businesses.
The Blackstone Group has bought 80% interest in Guangdong-based Foshan Ruixin Logistics Management from Chinese conglomerate Dongbai Group for a tentative price of RMB269 million ($38 million).
Translink Capital, a US-based VC focused on facilitating cross-border connections with Asia, has joined a EUR87 million ($94 million) for German flying car developer Volocopter.
The International Finance Corporation (IFC) has agreed to invest INR2.1 billion ($29.6 million) in India-listed fashion retailer Future Lifestyle Fashions (FLF).
Korea’s Eugene Private Equity and KH Energy have provided $18 million in Series A funding to the Malaysian arm of local car sharing company Socar.
Cathay Capital has committed RMB100 million ($14 million) in Series B funding to Chinese cross-border e-commerce platform OrderPlus.
Swiggy, an Indian grocery delivery platform, has received $113 million in a Series I round led by Prosus Ventures, formerly known as Naspers Ventures and Food.
Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Japan’s Globis Capital Partners has invested in two marketing services providers in separate transactions, including web conferencing player BellFace and data-focused Flywheel.
A relentless curiosity about the Indian consumer’s journey has helped DSG Consumer Partners carve out a niche in the early stage investment space for companies with emerging local brands
Whales English, a Chinese online language tuition business also known as Jingyu Peiyou, has raised RMB100 million ($14 million) in Series B funding led by Sino Ocean Capital. Hike Capital and Fresh Capital also participated.