Expansion

China exits: Open to alternatives

With China’s public markets still dogged by uncertainty – and, at time of writing, new share offerings suspended – PE investors are looking at other options. Trades in particular are getting more traction

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Asia O2O services: The long tail

From taxi journeys to pedicures, online-to-offline services are changing consumption channels in Asia’s emerging markets. Some leaders have emerged, but much of the sector is still up for grabs

Q&A: GrabTaxi's Anthony Tan

GrabTaxi started out as an entry in business plan contest at Harvard Business School in 2011, where it placed second. Co-founder and CEO Anthony Tan explains how it has become Southeast Asia’s leading ride-hailing company

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The billion-dollar club: Asia's tech unicorns

Asia accounts for one fifth of the global tech sector’s unicorn population as companies raise larger rounds at ever higher valuations. But as investor sentiment weakens, some of these behemoths should be concerned

India's ReNew Power raises $265m round

Indian renewable energy producer ReNew Power Ventures has raised a $265 million funding round led by a subsidiary of the Abu Dhabi Investment Authority (ADIA), with participation by existing investors Goldman Sachs and the Global Environment Fund (GEF).

PremjiInvest commits $33m to India's HRI

PremjiInvest, the private investment firm for Wipro Enterprises Chairman Azim Premji, has invested INR2.16 billion ($33 million) in cosmetics developer Hygienic Research Institute (HRI).

General Atlantic buys stake in India's IIFL Wealth

General Atlantic has agreed to pay up to INR11.2 billion ($173 million) for a minority interest in IIFL Wealth Management (IIFLW), a subsidiary of IIFL Holdings, the Indian financial services group formerly known as India Infoline.

China O2O delivery start-up raises $13m

Matrix Partners and Lightspeed China Partners have committed $13 million in extended Series A round of funding to 123Feng.com, a Chinese start-up provides delivery services for e-commerce and food-ordering platforms.

GGV seeks $1.1b for VC investments in China, US

GGV Capital is planning to raise up to $1.1 billion across three vehicles – a core venture fund, a top-up vehicle and an early-stage fund – that will target start-up and growth-stage technology deals in China and the US.