Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Chinese online retailer JD.com is investing $100 million in Hong Kong's Li & Fung, which recently won support from warehouse investor GLP for a privatization.
Having found online-to-offline services and mobile payments too crowded, Malaysia's Fave turned itself into a digitization guide for small businesses. Collaboration with India's Pine Labs should strengthen its offering
Tata Capital Growth Fund has invested INR2.25 billion ($30 million) in the biosimilars business of India-listed pharmaceuticals giant Biocon.
Line Man, a parcel-to-food delivery app launched in Thailand by Japan’s Line Corporation, has raised $110 million from BRV Capital, an affiliate of BlueRun Ventures.
GenBridge Capital has led a $60 million Series C round of funding for Guoquan, a Chinese hot pot ingredients supplier. All the company's existing investors re-upped.
Indian educational technology startup Toppr has raised $50 million (INR3.5 billion) in a Series D funding round led by United Arab Emirates-based investment firm Foundation Holdings.
Shihuituan, a China-based community group buying platform also known as Nice Tuan, has raised $80 million in the second tranche of a Series C round led by CDH Investments.
India's Vedantu has raised $100 million in funding to support its ongoing diversification into non-test preparation services. Other players in the online education space have similar plans
French GP Eurazeo has made its debut investment from a newly launched Europe-China cross-border fund, committing EUR80 million ($94 million) to Dutch medical supplier DORC.
MyRealTrip, a South Korean travel super app that positions itself as a one-stop-shop for bookings, has raised KRW43.2 billion ($36 million) in funding from the likes of Altos Ventures, IMM Investment, and Axiom Asia.
SmartX, a Chinese enterprise cloud services provider, has closed an extended tranche of its Series B round as well as a Series C round, raising RMB200 million ($28 million) in total.
Korea Development Bank (KDB) and local private equity firms Nvestor, Intervest and IMM Investment have participated in a $41.8 million pre-Series D round for Riiid, a Korean online education platform.
Steadview Capital has invested $85 million in India and US-based cloud business software developer Freshworks through the purchase of shares from existing investors.
AIpark founder Jun Yan claims there are five million street parking spaces in China's 100 largest cities that could use his car parking management system. A Gaorong Capital-led Series C round will help him reach them
Pine Labs, an Indian payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has invested Fave, a Malaysian e-commerce platform also supported by Sequoia.
Taranis, an Israel drone-based crop monitoring solution provider for farms, has raised $30 million in a Series C round eyeing expansion opportunities in Asian markets.
Canada’s Ontario Municipal Employees Retirement System (OMERS) has bought a 20% stake in Australian electricity network operator TransGrid for an undisclosed sum.
Having spent the past three years on healthcare buy-and-build platform Everlife Asia, Amit Kakar’s is joining life sciences investor Novo Holdings as regional head. He explains why now is the time to bet big on Asia
Excluded from US supply chains, China is looking to satisfy its semiconductor appetite from within. Domestic start-ups can command huge valuations, but are they sustainable?
US-based technology investor Riverwood Capital has led a $32 million Series C round for Insider, a Singapore software start-up that helps companies develop better targeted marketing campaigns.
Chinese electric vehicle (EV) manufacturer Xpeng Motors has closed an extended Series C round of around $500 million from a group that includes Hillhouse Capital and Sequoia Capital China, as well as hedge funds Aspex Management and Coatue Management.
Indian online tutoring service Vedantu has raised $100 million in a Series D round led by US hedge fund Coatue Management.