Expansion
DKSH acquires 20% of Southeast Asia-focused aCommerce
DKSH, a Switzerland-based company that helps clients find outsourcing partners in new markets, has acquired a 20% stake in Southeast Asia-focused e-commerce solutions provider aCommerce.
Australia’s Blue Sky targets $144m VC fundraise
Blue Sky Venture Capital, a division of Australia-based Blue Sky Alternative Investments, will raise a A$200 million ($144 million) fund focused on later-stage local start-ups.
AVCJ Awards 2015: Fundraising of the Year - Mid Cap: Ascendent Capital Partners
As corporate China adjusts to a slower growth environment, Ascendent Capital Partners’ strategy of providing advice alongside capital resonated with LPs
AVCJ Awards 2015: Deal of the Year - Late Stage Technology: Didi Kuaidi
Having raised $3 billion in the largest-ever private funding round for a start-up, newly-merged Didi Kuaidi is looking to put past rivalries behind it
Q&A: InnoVen Capital's Ajay Hattangdi
InnoVen Capital, formerly SVB India, is the oldest player in India’s nascent venture debt market. CEO Ajay Hattangdi discusses the firm’s experiences as a pioneer and Temasek’s plans for regional expansion
India: Out of the shadows
Anecdotal evidence from AVCJ Forums and research data are in agreement - India's private equity industry is returning to form
Cathay leads Series D for China female social network
Cathay Capital Private Equity has led a Series D round of funding for Meet You, a Chinese social networking platform for women.
Venturra invests in Singapore's BitX
Venturra Capital, the recently launched Southeast Asia VC firm sponsored by Lippo Group, has invested an undisclosed amount in Singapore-based bitcoin start-up BitX.
TPG buys 50% of Myanmar spirits producer
TPG Capital has acquired a 50% stake in Myanmar Distillery Company Group (MDC), the Southeast Asian country’s leading manufacturer and distributor of spirits, including top domestic whisky brand Grand Royal.
Sequoia leads $84m round for China education site
Sequoia Capital has led a $84 million Series C round of funding for Xiaozhan Jiaoyu, a Chinese online education platform that focuses on students studying abroad.
Singapore biotech firm Aslan Pharma raises $34m
Singapore-based biotech developer Aslan Pharmaceuticals has raised $34 million in a Series C round led by Accuron Technologies, a subsidiary of government-sponsored investment firm Temasek Holdings.
Singapore beauty app Vanitee secures $3.5m
Singapore-based beauty services booking app Vanitee has closed its first round of funding at S$5 million ($3.6 million).
VCs to exit as India's Flipkart invests in MapMyIndia
Indian e-commerce giant Flipkart has committed an undisclosed sum to GPS navigation and location-based services provider MapMyIndia, providing an exit for investors Nexus Venture Partners and Lightbox Ventures.
China digital advertising firm iPinYou raises $78m
IPinYou, a Chinese real-time bidding digital advertising platform, has completed a RMB500 million ($78 million) round of funding led by China Mobile Innovation Industry Fund.
Goldman commits $20m in China biotech firm
Goldman Sachs has committed $20 million in a Series B round of funding to Ascletis, a Hangzhou-based biotechnology company.
China social networking app for runners secures $18m
Joyrun, a Chinese social networking app that targets recreational runners, has completed a $18 million Series B round of funding led by Arena Capital, a local sport-focused venture capital firm.
CMC, CITIC Capital acquire 13% of City Football Group
China Media Capital Holdings (CMC Holdings) and CITIC Capital have paid $400 million for a 13% stake in Abu Dhabi-based City Football Group (CFG), which owns the Manchester City Football Club and other related businesses.
NGP leads $10m round in China’s Sensoro
Nokia Growth Partners (NGP) has led a $10 million round of funding for Sensoro, a Chinese developer of mobile internet data networks based in the US and China.
Taiwan must think globally, overcome China issues - AVCJ Forum
Taiwan needs to think globally as it looks for ways that domestic companies can leverage growth in other markets, but this means addressing mainland Chinese involvement in the economy.
Deal focus: Partners Group targets top-tier baby products
China baby products retailer Aiyingshi wants to develop its online presence and identify partners and acquisition targets in developed markets. Partners Group is going to help
Deal focus: S Chand unlocks digital doors
IFC and Everstone support S Chand's plans to take India educational publishing firmly into the digital age
China P2P car rental app Atzuche raises $47m
Atzuche, a Shanghai-based peer-to-peer (P2P) car rental start-up, has raised a RMB300 million ($47 million) Series B round of funding from China Pacific Insurance, Ivy Capital, Hearst Capital, Matrix Partners and Ceyuan Ventures.
Australia's Tyro Payments receives $72m in funding
Tiger Global Management, TDM Asset Management and Mike Cannon-Brookes, co-founder of Atlassian, have provided A$100 million ($72 million) in funding for Tyro Payments, an Australian financial technology company with aspirations of becoming a bank.
Highlight provides Series A for China’s eDoctor
Highlight Capital has led a Series A round of funding for eDoctor Healthcare Communications, a Chinese start-up specializing in pharmaceutical marketing solutions.