Expansion
Indian healthcare player La Renon raises $16m from Sequoia
La Renon, an Indian developer and manufacturer of pharmaceutical drugs and services, has raised INR1 billion ($16 million) in Series A funding from Sequoia Capital.
Japan's Sumitomo Mitsui backs GMO Payment
Japan's GMO Internet - which runs its own early-stage investment unit, GMO Venture Partners - has raised JPY8 billion ($65 million) from Sumitomo Mitsui to develop e-commerce payment solution GMO Payment Gateway (GPG).
Morningside leads $15m investment in China's Luqa Pharma
Hong Kong-based pharmaceutical developer Luqa Pharma has raised a $15 million Series A round of funding led by Morningside Ventures.
CNEI re-ups in Chinese prawn producer
China New Enterprise Investment (CNEI) has made a follow-on investment of $6.5 million in Zhanjiang Newpro Foods, a leading integrated operator in China’s prawn farming industry.
Navegar commits $15m to Philippines-based TaskUs
Manila customer support outsourcing start-up TaskUs has received a $15 million series A round from the Philippines-based Navegar Fund.
India's Swiggy raises $16.5m from Norwest, Accel, SAIF
Indian food delivery platform Swiggy has raised $16.5 million in a Series B round led by Norwest Venture Partners, along with existing investors Accel Partners and SAIF Partners and an unnamed investor.
Q&A: ICG's Christopher Heine
Whether it is mezzanine for buyouts or growth financing for family businesses, Christopher Heine, head of Asia Pacific at Intermediate Capital Group, wants to be seen as a partner rather than just another capital provider
Deal focus: RRJ doubles down on e-commerce logistics
When RRJ Capital first committed $250 million to Shanghai Yupei Group in April 2014, Temasek Holdings was its sole partner in the investment. The company had 16 warehouses with a total gross floor area of more than 1.4 million square meters and plans...
Deal focus: Aspada backs India's agri-tech 'Uber'
Indian agriculture is woefully inefficient. This is in part due to the extreme fragmentation of land ownership; the UN estimates the average farm holding is 1.6 hectares, or just larger than two football pitches. As a result, the nation’s food producers...
Korea e-commerce: Appetite for disruption
Capital is gravitating to the leaders in Korea’s e-commerce space as consumers swap shopping malls for mobile devices. Efficient logistics and effective payment systems sit at the top of the agenda
India payments: The missing link
India’s payment start-ups hope to shape the way e-commerce companies charge for their goods. The future may lie with approaches tailored to the country’s circumstances
TPG joins $129m investment in Singapore's PropertyGuru
Singapore online property portal PropertyGuru has raised S$175 million ($129 million) from TPG Capital, Australia's Square Peg Capital, and Indonesian media company Emtek Group.
Australia's Future Fund leads $40m round for India solar firm
Australia's Future Fund has led a $40 million investment in Indian Solar power company Applied Solar Technologies (AST). Existing investors Bessemer Venture Partners (BVP), Capricorn Investment Group and the International Finance Corp. (IFC) also participated....
Innovation Works leads $6m round for China's Smellme
Chinese pet-oriented social network Smellme has raised a $6 million Series A round of funding led by Innovation Works.
Snow Leopard, Paytm commit $5m to India's Jugnoo
Indian autorickshaw-hailing service Jugnoo has raised INR320 million ($5 million) in Series A funding from Snow Leopard Technology Ventures and Paytm, along with some existing angel investors.
RRJ consortium commits $250m to China warehousing player
RRJ Capital has re-upped in Chinese logistics player Shanghai Yupei Group, leading a consortium that has agreed to invest $250 million in the business.
Alibaba Pictures raises $1.6b to fund media acquisitions
Alibaba Pictures, a Hong Kong-listed film and entertainment unit owned by Alibaba Group, plans to raise about HK$12.1 billion ($1.56 billion) through a share placement to help finance potential acquisitions in the media industry.
India home appliances marketplace raises $20m
Indian hyper-local online marketplace Zopper has raised $20 million from existing investors Tiger Global and Nirvana Venture Advisors.
Fidelity leads round for India healthcare start-up Medwell
Fidelity Growth Partners India (FGPI) and affiliated US fund Fidelity Biosciences have invested $10 million in Medwell Ventures, operator of Nightingales specialty home healthcare services.
Tembusu backs Singapore energy efficiency business
Singapore-based GP Tembusu Partners has invested in local energy efficiency services start-up Barghest Building Performance (BBP), providing a "seven-figure" mezzanine commitment.
Morningside backs China mathematics teaching start-up
Early-stage investor Morningside Technologies has led a $5 million Series A round of funding for Leleketang, a China-based online teaching platform that specializes in mathematics and Chinese.
Warburg Pincus invests $120m in India's Ecom Express
Ecom Express, an Indian e-commerce logistics startup, has raised INR8.5 billion ($120 million) from Warburg Pincus.
Nexus leads $15m round for India data solutions firm
Nexus Venture Partners has led a $15 million Series B round for Indian data center software developer Arkin, along with other investors.
SoftBank commits $1b to Korea e-commerce player Coupang
Japan’s SoftBank Corp. has added another Asian e-commerce brand to its portfolio with a $1 billion commitment to South Korea-based Coupang.