Expansion
Korea’s Viva Republica raises $40m
Singapore’s GIC Private and Sequoia Capital China have invested a combined $40 million in Korean financial technology company Viva Republica.
SeaLink leads $29m round for Indian children’s hospital
SeaLink Capital Partners has led a INR2 billion ($29 million) investment in Indian maternal and pediatric hospital chain Surya Children’s Medicare, providing an exit for OrbiMed Advisors.
Shunwei, DCM lead $65m round for China's Yaoshibang
Chinese B2B pharmaceutical trading and education platform Yaoshibang has received RMB420 million ($65 million) in Series C funding across two tranches.
Sequoia, Shunwei lead $38m round for PatSnap
PatSnap, a cloud-based intellectual property analytics and management software developer based in the UK and Singapore with more than half of its clients in China, has raised a $38 million Series D round led by Shunwei Capital and Sequoia Capital.
Chinese AI player Yitu raises $200m
Yitu Technology, a Chinese artificial intelligence (AI) start-up that is developing solutions for machine vision, listening and understanding, has raised $200 million in Series C-plus funding.
Toyota invests $1b in SE Asia's Grab at $10b valuation
Japan’s Toyota Motor Corporation will contribute $1 billion as the lead investor in the latest round of funding for Southeast Asia-focused ride-hailing business Grab. The commitment – the largest-ever made by an automaker in the ride-hailing industry...
Capital Group, GL buy stake in Chinese hospital operator
Capital Group Private Markets (CGPM) has joined GP Capital to invest in Jinxin Healthcare, the maternity care division of Chinese hospital operator Chengdu Jinxin Healthcare Investment Management Group (Jinxin Group).
Chinese smart vehicle start-up raises $500m
Byton, a China-based manufacturer of smart electric cars backed by Legend Capital, has secured a $500 million Series B funding round from a group of domestic strategic investors.
CapitalG leads $21.8m round for India's Aye Finance
CapitalG, the investment arm of Google's parent company Alphabet, has led a INR1.5 billion ($21.8 million) Series C round for Aye Finance, an Indian microfinance institution (MFI) focused on small businesses.
VIDEO: Baidu Capital's Jenny Wu
Jenny Wu, a managing partner at Baidu Capital, discusses growth stage investment in artificial intelligence
Oman India fund invests $23m in Annapurna Microfinance
The Oman India Joint Investment Fund (OIJIF), an India-focused GP sponsored by the governments of India and Oman, has invested INR 1.6 billion ($23 million) in microlender Annapurna Microfinance (AMPL).
China's Ant Financial closes $14b Series C round
Ant Financial, Alibaba Group’s financial services affiliate, has raised $14 billion in Series C funding from investors including GIC Private, Warburg Pincus, The Carlyle Group, Silver Lake, and Canada Pension Plan Investment Board (CPPIB).
China's Chezhibao, Tiantian Paiche secure funding
Two Chinese online used car trading platforms – Chezhibao and Tiantian Paiche (TTP) – have received a combined $225 million in funding, continuing the flood of private capital into the space.
China fintech player Pintec gets $103m round
Hong Kong-based VC firm Mandra Capital and Sina Corporation have led a $103 million funding round for Chinese financial technology platform Pintec.
Tiger Global leads $70m round for China's Danke Apartment
Tiger Global Management has led a $70 million Series B-plus funding round for Chinese start-up Danke Apartment, operator of an online platform that connects landlords with long-term rental tenants.
PE-backed Bigo raises $272m Series D
Chinese media platform operator YY has led a Series D round for Bigo Live, a Singapore-based video streaming company backed by Ping An Insurance, with a $272 million commitment.
Singapore's MyRepublic receives $60m capital injection
CLSA Capital Partners (CLSA CP) and Singapore family office Kamet Capital Partners have invested $60 million in Asia telecom player MyRepublic.
Portfolio: Cathay Capital and Shopal
Shopal’s cross-border marketing ambitions and Cathay Capital’s Sino-French investment history have proven to be a strong match for tackling the expanding Chinese high-end consumer market
GIC-backed Greenko raises $447m, plans acquisition
Greenko Energy, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $447 million primarily from GIC and the Abu Dhabi Investment Authority (ADIA).
Mekong invests in Vietnamese mattress seller
Mekong Capital has invested an undisclosed amount in Vietnamese mattress and bedding retailer Vua Nem to support its expansion.
VIG invests $129m in Korean eyewear retailer
VIG Partners has agreed to pay KRW137.5 billion ($129 million) for an approximately 42% stake in Korean beauty contact lens and fashion sunglasses retailer Star Vision.
SoftBank co-leads $20m round for Indonesia's EV Hive
SoftBank Ventures Korea (SBVK) has co-led a $20 million Series A round for EV Hive, an Indonesian co-working space operator that spun out from East Ventures last year, alongside H&CK Partners and Tigris Investment, both of which are also based in South...
Ant Financial leads $321m round for China's Hellobike
Ant Financial, Alibaba Group’s financial services affiliate, has led a RMB2.1 billion ($321 million) investment in Youon Bike, the listed parent of China-based bike-sharing operator Hellobike.
Sequoia, CDH, Yunfeng back China's ZTO Freight
Sequoia Capital China, CDH Investments, and Yunfeng Capital have provided more than $100 million in Series A funding to ZTO Freight, an affiliate of US-listed Chinese delivery company ZTO Express.
