Investments
Boulevard Capital invests $20m in Singapore's Stratech
Boulevard Capital Partners, a private equity investor focused on infrastructure including telecom towers, has agreed to invest $20 million in Singapore-listed surveillance technology specialist Stratech.
Vietnam e-commerce player Sendo gets $51m Series B
Sen Do Technology (Sendo), a Vietnamese e-commerce company that operates a C2C platform and payment service, has secured $51 million in Series B funding led by Japan’s SBI Group.
Chinese karaoke equipment supplier gets $29m Series B
Thunder Stone Technology, a Chinese karaoke equipment producer, has received nearly RMB200 million ($29 million) in Series B funding led by China Minsheng Investment Group.
Blackstone to invest $400m in Hong Kong-listed HEC Pharm
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
China-US computer vision start-up Clobotics gets $11m
Clobotics, a China and US-based computer vision start-up backed by a number of venture capital firms, has raised $11 million in Series A funding.
Deal focus: BlackRock finds an entry into Taiwan solar
BlackRock Real Assets acquires a solar power portfolio from a Taiwan renewable energy specialist, marking a number of firsts for the firm
Data infrastructure: Steel and thin air
Wrongly dismissed as a mere communications upgrade, data infrastructure is a new asset sub-class unto itself. A growing field of investors is recognizing the evolving opportunity set
Macquarie buys Asia solar platform
Green Investment Group (GIG), a global clean energy investment platform managed by Macquarie Capital, has acquired Conergy Asia & ME, a Singapore-based solar power developer owned by Goldman Sachs Asset Management and Tennenbaum Capital Partners.
Nexus leads $8m Series A for India-US BPO platform
Nexus Venture Partners has led an $8 million Series A funding round for Observe.AI, a business process outsourcing (BPO) services provider based in the US and India.
GA, Hillhouse lead $120m Series C for Chinese co-working space
MyDreamPlus, a Beijing-based co-working space provider, has raised $120 million in Series C funding led by General Atlantic (GA) and Hillhouse Capital.
Taiwan blockchain player Dexon gets $20m from IDG
IDG Capital has led a $20 million investment in Taiwan-based blockchain technology developer Dexon Foundation.
China commercial space start-up raises $44m Series B
China International Capital Corp (CICC) has led a RMB300 million ($44 million) Series B funding round for Chinese commercial space industry start-up One Space.
Wattle Hill bids for Australia's Capilano Honey, targets China growth
Wattle Hill RHC, a private equity firm that targets Australian businesses with products and services that appeal to Chinese consumers, has won board approval for a A$189.7 million ($138 million) privatization of honey producer Capilano Honey.
KKR to buy majority stake in India's REEL for $530m
KKR has agreed to buy a 60% stake in India-based environmental services provider Ramky Enviro Engineers (REEL) for $530 million via a combination of primary and secondary investments valuing the company at $925 million.
True North to acquire orthopedics division of India’s Glenmark
True North has agreed to acquire the Indian orthopedics and pain management business of drug maker Glenmark Pharmaceuticals at a valuation of INR6.4 billion ($91.8 million).
Mekong exits Vietnam's Asia Chemicals for $8.9m
Vietnam-based Mekong Capital has exited its stake in Asia Chemical Corporation (ACC), a domestic industrial supplier, for $8.9 million, generating a gross return multiple of 2.6x and a gross IRR of 15.1%.
Walmart, JD.com commit $500m to China grocery delivery business
US retailer Walmart and its Chinese online counterpart JD.com have led a $500 million funding round for Dada-JD Daojia, a Chinese online grocery delivery service.
China's Koala Reading raises $20m Series B round
Beijing Xiangyue Education Technology, operator of the Koala Reading platform that assesses the difficulty of Chinese language texts and helps schools create digital libraries, has received $20 million in Series B funding.
Sequoia, Accel lead $12m Series A for India's Metro Bikes
Sequoia Capital India and Accel Partners have led a $12.2 million Series A funding round for Metro Bikes, an India-based scooter rental provider. It coincides with the company rebranding as Bounce.
India's Epiq closes first three investments
Epiq Capital, an India-focused private equity firm founded by Matrix Partners India co-founder Rishi Navani, has completed its first three investments in eyewear retailer Lenskart Solutions, financial technology company Mswipe, and online home rental...
Hong Kong's Klook gets $200m Series D
Hong Kong travel services company Klook has closed a $200 million Series D funding round from a group of investors including Sequoia Capital China, Matrix Partners, and Goldman Sachs.
IDG backs Chinese sports video streaming service
IDG Capital and government-backed Huiying Borun Investment have committed RMB500 million ($73 million) to iQiyi Sports, a newly established division of the Chinese video streaming platform that listed in the US earlier this year.
Chinese P2P lending player Dianrong gets $40m
Chinese peer-to-peer (P2P) lending business Dianrong has received $40 million in funding from Dalian Financial Industry Investment Group – a joint venture investment platform established by Orix Group and the Dalian city government – against a backdrop...
India's Shadowfax raises $22m Series C
Shadowfax, an Indian online-to-offline (O2O) logistics provider focused on hyperlocal delivery, has raised a $22 million Series C round led by Nokia Growth Partners (NGP).
