Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
EBay has acquired a 5.5% stake in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
Switzerland-based private equity firm Vaalon Capital and Netherlands investor IFSD BV have provided a combined $15 million to Indian financial and enterprise services provider MyMoneyMantra (MMM).
Visa has confirmed its participation in an ongoing Series F round for Indonesia-based ride-hailing and online services platform Go-Jek that had raised about $1 billion as of February.
Near, a Singapore-based artificial intelligence (AI) services provider that supports enterprise analytics, has raised $100 million from UK private equity firm Greater Pacific Capital.
Singapore mother-and-child online services provider theAsianparent is planning an expansion by tracking the fastest birth rates around the region. Fosun is backing the agenda
Private equity and venture capital firms are seeking investments that target China’s lower-tier cities, which continue to see rapid consumption growth despite the economic slowdown at national level.
Bain Capital Credit has invested $300 million in D&J China, a Shanghai-based business and technology development park developer pursuing a domestic expansion.
Ping An Insurance has made a strategic investment in iTutorGroup, a Chinese online education platform that previously raised four rounds of funding, the most recent at a valuation of $1.6 billion.
Fosun RZ Capital, the VC arm of Fosun, has led a Series C round of undisclosed size for Singapore-based theAsianparent, which claims to be Southeast Asia’s largest mother-and-child online platform.
Tiger Global Management and Sequoia Capital have led a $60 million funding round for India-based business-to-business (B2B) industrial goods marketplace Moglix.
Warburg Pincus and SAIF Partners have led a $65 million Series E commitment to Indian technology-enabled logistics operator Rivigo.
Indian educational technology developer Byju’s has raised $150 million in a funding round led by Qatar Investment Authority, the sovereign wealth fund of Qatar.
Second quarter analysis: Spin-outs reflect challenges for China fundraising; weak buyout activity continues to hold back Asia PE investment; Korea heads the exit charts as China falls back
Miaoshou Doctor, a Chinese online healthcare services platform that has expanded into the offline pharmacy space, has completed its extended Series C funding round, having achieved a post-deal valuation of more than RMB7 billion ($1 billion).
Indonesia-based ride-hailing and online services platform Go-Jek has received a fresh investment of undisclosed size from Mitsubishi Corporation - as well as two other units of the Japanese conglomerate - as part of its ongoing Series F round.
The International Finance Corporation (IFC) has anchored the first tranche of a $550 million investment in L&T Finance Holdings (LTFH), the financial services unit of Indian engineering conglomerate Larsen & Toubro (L&T).
Synyi, a Chinese artificial intelligence (AI) start-up that targets hospitals, has taken its total fundraising to RMB550 million ($80 million) following a RMB250 million Series C led by Tencent Holdings and featuring Sinopharm Capital.
US-India cross-border deals present a tempting opportunity for Indian GPs, but managing investments in another market requires careful use of resources and a level of commitment that not all firms can match
SoftBank has invested $250 million in Ola Electric, an electric vehicle (EV) company that spun out from Indian ride-hailing platform Ola earlier this year. The new investment reportedly brings Ola Electric’s valuation to over $1 billion.
The International Finance Corporation (IFC) and Switzerland-based family office Corisol Holdings have led a $70 million Series D round for Indian online healthcare services platform operator 1mg Technologies.
Ouyeel, which claims to be China’s largest online-to-offline (O2O) trading platform for the steel industry, has raised RMB2 billion ($291 million) in Series B funding at a post-deal valuation of RMB10 billion.
Temasek Holdings has invested $300 million in Li & Fung’s logistics operation after the Hong Kong-based multinational abandoned plans to spin-out the asset through an IPO.
China’s 6 Dimensions Capital and Yonghua Capital have joined a $22 million Series C round for US-based Ultivue that will help the medical technology developer expand into Asia.