Expansion
Shenzhen Capital invests China's Le Vision Pictures
Shenzhen Capital Group has invested in a Series A round of funding for Le Vision Pictures, the Beijing-based film making arm of online film and TV portal LeTV. Details of transaction were not disclosed but this latest investment bring to total amount...
GGV, Orchid Asia invest in China's Beauty Plus
GGV Capital and investment group Orchid China have jointly participated in a Series A round of funding for a Shanghai-based cosmetics retailer Beauty Plus.The financial terms were not disclosed.
IFC, Invesco WLR lead Organica Water Series B round
WLR China Energy Infrastructure Fund (CEIF) - a private equity fund managed by Invesco WLR Private Equity - has taken part in a Series B round of funding for Organica Water, a global waste water treatment solutions provider, led by International Finance...
Vangoo Capital leads China's luxury goods site Series C round
Japan’s Vangoo Capital Partners has led a Series C round funding for Secoo.com, a Chinese luxury goods e-commerce platform. The investment sum was undisclosed.Existing investors IDG Capital, French venture capital firm Vantech Capital and Shanghai-based...
China pollution control business gets $20m Series C round
Invesco WLR Private Equity and Keynote Ventures have led a $20 million Series C round funding for LP Amina, an US-based energy and environmental solutions provider. Existing investors Qiming Venture Partners and Hao Capital also participated.
GE Energy invests $42m in India hydro-electric project
GE Energy Financial Services India has committed INR2.5 billion ($42.5 million) to a hydro-power project in north-east India operated by Gati Infrastructure (GIL). The investment was made through a share subscription agreement, for an undisclosed stake....
China's Car Clubs rental service secures Series A financing
Hangzhou-based Incapital and government-owned Tobon VC have provided a Series A round of funding for Car Clubs, a Chinese car rental service operator. Details of transaction were not disclosed but it is said to be in excess of RMB10 million ($1.6 million)....
China's Baifendian secures $10m Series B round
Baifendian, a Chinese recommendation engine that tracks user tastes and predicts how they might rate items, has received $10 million in Series B financing from Zhejiang Shinkansen Media Investment via its Eastern Starry Sky Culture Fund.
Arisaig invests $30m for stake in India McDonald's franchisee
Arisaig Partners has bought a 3.47% stake in Mumbai-listed Westlife Development for INR1.8 billion ($30 million). Westlife controls McDonald’s restaurants in west and south India through its direct subsidiary, Hardcastle Restaurants. It is one of two...
China's SAIF invests in COFCO-run food retail site
SAIF Partners has invested in Womai.com, a food and grocery B2C online platform set up by Chinese food conglomerate COFCO. Financial terms were not disclosed but the investment is said to be more than $10 million.
L Capital targets Chinese beauty
As growth slows in China's consumer sector, L Capital Asia has identified cosmetics as a segment with the qualities to withstand the broader trend. Put simply, as a woman’s disposable incomes rise, so does her consumption of premium cosmetics, particularly...
Caffeinated returns: Private equity's coffee shop craving
Private equity is already leveraging the growing popularity of coffee shops across Asia. But where is the next frontier – and is it all about the coffee?
Everstone to invest $33m in Indian NBFC
Everstone Capital is to invest INR2 billion ($33.5 million) for a 15-20% stake in Hinduja Leyland Finance (HLF) a non-banking financial company (NBFC) owned by the Hinduja Group.
Google buys stake in VC-backed Taiwan glass supplier
Google has taken a 6.3% stake in Himax Display, a subsidiary of Taiwanese company Himax Technologies, which manufactures liquid crystal silicon (LCOS) chips used in Google Glass and other products. The company also counts KPCB Holdings, Khosla Ventures...
New Zealand's Rangatira takes 12% stake in Magritek
New Zealand PE firm Rangatira has acquired a 12% stake in Magritek, which manufactures nuclear magnetic resonance (NMR) and magnetic resonance imaging (MRI) devices, for an undisclosed sum. It has the option of increasing its holding to 18% in a year....
Blue Sky invests $18m in Australian retirement home chain
Blue Sky Private Equity (BSPE) has invested more than A$20 million (US$18.3 million) for around 40% of retirement community operator and developer Oak Tree Group.
EXS Capital leads $37m investment in Vietnam RE developer
EXS Capital has led a $37 million investment in Vietnamese real estate developer Son Kim Land (SKL). Financial details of the transaction were not disclosed.
L capital Asia invests in Chinese cosmetics firm
L Capital Asia, a private equity firm sponsored by LVMH Group, has invested in Guangdong Marubi Biological Technoloy Stock, becoming the second-largest shareholder in the cosmetics company. The deal is reportedly worth more than $100 million.
CNEI invests $9.7m in leading Chinese prawn player
China New Enterprise Investment (CNEI) has committed $9.7 million to Zhanjiang Newpro Food, a leading integrated operator in China's prawn farming industry.
J-Star, supply chain fund back Tokai Trim
Japanese mid-cap buyout firm J-Star has joined the Supply Chain Support Fund (SCSF) - a vehicle backed Japan Auto Parts Industries Association and Development Bank of Japan (DBJ) - in investing around JPY1-2billion ($10-20 million) in auto parts firm...
Investors commit another $26m to Australia fashion site The Iconic
Australian fashion online retailer The Iconic has picked up A$28 million ($26 million) through a new round of funding led by Verlinvest, a Belgium-based investment firm set up by the founding families of Anheuser-Busch InBev. Existing shareholders Investment...
Tata Capital backs Indian data security platform
Tata Capital has participated in a Series A round of funding for enterprise file sharing and sync (EFSS) and mobility vendor Vaultize. Financial terms were not disclosed, but the Tata Capital Innovations Fund aims to invest $4–10 million in companies...
Indonesia mining: Swimming with sharks
Indonesia is resource rich and its mining sector is coveted by many foreign investors. But regulatory and legal uncertainty, plus concerns about local partners, is compelling them to sit on the sidelines
Southeast Asia oil and gas: Going solo
The relative scarcity of independent oil and gas exploration and production firms in Southeast Asia doesn’t reflect the region’s wealth of natural resources opportunities. Private equity firms are catching on