Expansion
Deal focus: Hao recommits to hospital modernization
Hao Capital to support the continued roll-out of DJ HealthUnion's hospital IT solutions platform in China
The long game: Merchant banking-style PE
Ascendent Capital Partners’ China strategy involves advising companies first and raising the prospect of investment second, perhaps with a sizeable gap in between. Does this signal change in the middle market?
BlaBlaCar raises $200m for emerging markets push
Insight Venture Partners and Lead Edge Capital have led a $200 million Series D round for French ride-sharing start-up BlaBlaCar to fuel its push into emerging markets.
China VCs back US communications start-up
A group of VC investors including Morningside Technologies, SIG, GGV Capital, Shunwei Capital Partners and IDG Capital Partners have invested in a $20 million Series B round of funding for Agora, a US-based communications-as-a-service provider.
IDG, Carlyle re-up in China online real estate portal SouFun
IDG Capital Partners and The Carlyle Group will invest between $400 million and $700 million in US-listed Chinese online real estate portal SouFun Holdings, alongside company management.
CMC, Warner Bros agree Chinese language movie JV
Media-focused private equity firm China Media Capital (CMC) and Warner Brothers Entertainment will form a joint venture to produce Chinese language films.
Warburg Pincus, Legend re-up in China chauffeur service Ucar
China-based chauffeured car service provider Ucar has raised a further $550 million from Warburg Pincus, Legend Capital and China Auto Rental (CAR). They have now invested a total of $800 million in the company.
Baidu leads $150m round for China baby product e-commerce site
Chinese search provider Baidu has led a $150 million Series D round of funding for Mia.com, a local childcare-focused e-commerce platform. The two companies have also agreed a strategic partnership.
China's Didi Kuaidi agrees partnership with US-based Lyft
China-based ride-hailing app operator Didi Kuaidi has invested $100 million in US counterpart Lyft as part of a strategic alliance between that will allow each company to use the other’s services.
Olympus commits $40m to China's Tendcare Medical
Olympus Capital Asia has invested $40 million in Chinese private hospital manager Tian Jian Hua Xia Medical Group Holdings, or Tendcare Medical Group.
FountainVest leads $223m round in China's Fangdd.com
FountainVest Partners has led a $223 million Series C round of funding for Chinese online real estate services platform Fangdd.com.
Hao Capital invests $12.5m in China's DJ Health Union
China-focused GP Hao Capital has invested $12.5 million in DJ HealthUnion Systems Corporation, which specializes in providing health data sharing solutions to hospitals.
Falcon Edge leads $225m round for India's Ola
Indian ride-hailing service Ola has raised $225 million in funding led by existing investor Falcon Edge Capital, in the opening tranche of a planned $500 million round.
Vertex, Sinar Mas lead round for Indonesia's HappyFresh
Vertex Ventures and Sinar Mas Digital Ventures have led a $12 million funding round for Indonesia-based online grocer HappyFresh.
Eight Roads commits $15m to India's CredR
Indian used motorbike marketplace CredR has raised a $15 million Series A round from Eight Roads Venture, formerly called Fidelity Growth Partners.
China’s Meituan leads $35m round for online campus store
Zhai.me, a Shanghai-based online convenience store aimed at students, has raised $35 million in a Series B round of funding led by Meituan.com, a group-buying site backed by Alibaba Group and several VC firms.
2015 AVCJ Awards - last call for nominations
Nominations for the 2015 AVCJ Private Equity & Venture Capital Awards close today, September 23. The deadline has already been extended once and will not be extended again.
Hong Kong freight services platform raises $14m
Hong Kong-based freight services platform Freightos has raised a $14 million Series B round from a clutch of investors.
Kalaari leads $9m round for India's Industrybuying
Kalaari Capital has led a INR600 million ($9 million) Series B round for Indian B2B online marketplace Industrybuying.com, with participation by SAIF Partners and Beenext.
Creador reaches $250m first close on Fund III
Southeast Asia and India-focused GP Creador has reached a first close of $250 million on its third fund. A final close around the target of $450 million is expected around the end of the year.
Carlyle buys stake in India's Metropolis Healthcare
The Carlyle Group has agreed to buy a 37% stake in medical diagnostics chain Metropolis Healthcare, ending a dispute among the company's current ownership.
Baidu leads $40m round for China healthcare site
Chinese search engine Baidu has led a $40 million Series B round for Quyiyuan.com, a Shanghai-based medical consultation and service-booking mobile app.
China's Didi Kuaidi completes $3b funding round
China-based ride-hailing app operator Didi Kuaidi has closed a $3 billion funding round, said to be the largest-ever fundraise by a private internet start-up globally.
Australia's Blue Sky buys stake in Origo Education
Australia-based Blue Sky Private Equity has acquired a significant minority stake in Origo Education, a mathematics tuition provider for primary school students.