Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
Southeast Asia-focused GP Archipelago Capital Partners has completed its investment in One Network Bank (ONB), the rural subsidiary of Philippines-listed financial services provider BDO Unibank.
Impact investing has reached a “fundamental inflection point” in terms of the availability of investment opportunities and interest from LPs, but the institutionalization process is not straightforward.
Indian online grocer Grofers has raised more than $200 million in a Series F funding round led by SoftBank Vision Fund.
Kr Space, a China-based co-working space operator, has received RMB1 billion ($145 million) in a new round led by existing investor IDG Capital and new backers Gopher Asset Management and Yixing Capital.
Matrix Partners India has made a full exit from Centre for Sight, operator of a chain of eye clinics in India, to Mahindra Partners after a holding period of nearly 10 years.
Singapore’s Temasek Holdings and Horizon Ventures have led a $300 million round for Impossible Foods, a US vegetarian food technology company expanding into Asia.
CITIC Capital has invested an undisclosed sum in Cityneon, an entertainment media-focused marketing firm based in Singapore.
CDIB Capital is backing VHQ China to leverage the growing demand for visual effects in China's domestic movie and TV production industry
MGI Tech, a Chinese manufacturer of equipment used in gene sequencing, has raised $200 million in funding led by Goldstone Investment, the PE arm under CITIC Securities, Green Pine Capital Partners and Orient Securities Capital Investment.
Mekong Capital has invested an undisclosed amount in Pizza 4P’s, a Vietnamese farm-to-table pizza restaurant chain.
Indian non-banking finance company (NBFC) Kinara Capital has raised INR1 billion ($14.3 million) from a group of investors including Gaja Capital, Gawa Capital, the Michael and Susan Dell Foundation, and US-based VC firm Patamar Capital (formerly Unitus...
Campfire, a Japanese crowdfunding platform operator, has raised a JPY2.2 billion ($20 million) Series C round with support from Global Brain and KDDI Corporation.
India's Blackbuck has gained traction with a digital platform that connects truckers with shippers. Achieving greater scale means convincing veteran fleet owners that the model can work for them
GoBear, an online financial products marketplace focused on young Asian consumers, has raised $80 million from its Netherlands-based sponsors Walvis Participaties and Aegon.
Chinese artificial intelligence (AI) developer Megvii Technology has raised $750 million in Series D funding led by Bank of China Group Investment. It brings the company’s valuation to around $4 billion.
China-based third-party car rental platform Zuzuche has received Series C funding from Qiming Venture Partners.
Indian health and fitness start-up CureFit has raised $75 million from a group of investors including Accel Partners, Kalaari Capital, and Chiratae Ventures.
Put options amount to threats seldom acted upon. By demanding that the chairman of Korea’s third-largest life insurer buy back their shares, a group of investors has taken Asian PE into uncharted territory
Brian Gu, vice chairman and president of Chinese electric vehicle manufacturer Xpeng, explains how the private equity-backed company is trying to stand out in a competitive and fast-changing market
Dvara KGFS, a non-banking finance company (NBFC) backed by Indian financial inclusion investor Dvara Trust, has raised INR970 million ($14 million) in Series E funding led by Stakeboat Capital.
As China's mainstream online tuition players battle for the hearts, minds and wallets of end users, Gaosi Education found a niche targeting the B2B market. It recently raised $140 million to accelerate expansion
Indian online long-distance trucking marketplace BlackBuck has raised a $150 million Series D round led by Goldman Sachs and existing investor Accel Partners.
As one of oldest GPs in South Korea, IMM Private Equity has helped to show both domestic and global investors that the PE community can bring major benefits to the country’s corporate sector