Expansion
Blackstone, Capital International make China agro play
$600 million Dili pre-IPO deal brings in Atlantis, Warburg Pincus
IFC to make first solar investment
World Bank investment unit the International Finance Corporation has confirmed that it will inject $10 million into India’s Azure Power, a solar energy service provider, to expedite that company’s nascent power projects in states such as Punjab, Haryand...
EQT invests Japan Home Centre
EQT Greater China II (EQT) a fund of EQT Partners, has acquired a 40% stake in leading discount houseware retail chain, Hong Kong-based Japan Home Centre (JHC), for an undisclosed amount.
WI Harper invests PRC LEDs with MaxIC
In its second recent investment in the burgeoning LED lighting space, WI Harper has invested an undisclosed amount in MaxIC Technology Corp., a Beijing-headquartered developer of integrated circuits for LEDs, LCD TVs, and other consumer electronics applications.
Blackstone, CapInt, Atlantis, WP put $600 million in China agro
The Blackstone Group, Capital International, hedge fund Atlantis Investment and Warburg Pincus have all reportedly participated in a $600 million pre-IPO investment into Dili Group Holdings, an agricultural markets operator in China, due to list shortly...
Temasek and BOC may bring ATMs to rural China
Singapore sovereign wealth fund Temasek Holdings is understood to be working with Bank of China to spend as much as RMB20 billion ($4.1 billion) in building a banking franchise in rural parts of China.
Coffee Day likely to deliver cuppa jo for KKR
Following earlier reports of potential investment by Kohlberg Kravis Roberts & Co. in Indian company Coffee Day Resorts, which owns the popular coffee chain Café Coffee Day, a consortium led by New York-based now looks likely to invest up to INR10 billion...
IFC promotes health in China
The International Finance Corporation (IFC) has agreed to invest $25 million in Singapore-based Healthway Medical Corporation Ltd for development of medical care facilities “in under-served areas of China,” the group said.
Agri Business goes Global Green with $10 million
The India Agri Business Fund, operated by Rabo Equity Advisors, has invested $10 million into The Global Green Company, the foods division of $4 billion Gautam Thapar-backed Indian business conglomerate Avantha Group.
Nine Rivers invests India's AgriSystem
Nine Rivers Capital has reportedly invested some $7 million in Indian agricultural processing and distribution business Global AgriSystem.
Sequoia seeks CARE stake
Sequoia Capital India is reportedly seeking a 9.4% stake in local ratings agency Credit Analysis and Research (CARE), with a probable investment amount of around $16 million.
Aditya Birla approaches final close
New Indian GP Aditya Birla Capital Advisors is reportedly about to announce the final close of its Fund I at around Rs800 crore ($176 million).
WI Harper to take stake in Taiwan's Testar
Veteran VC firm WI Harper Group has agreed an investment into Taiwan’s Testar Electronics Corporation, which specializes in testing and optimizing Light Emitting Diode (LED) chips, and which will spin out from its parent company Chroma Ate Inc. under...
Fidelity Asia invests PRC medical device distributor
Fidelity Asia Ventures, the Asian venture and growth capital arm of Fidelity International Ltd and its US affiliate Fidelity Biosciences, has jointly invested $10 million in TCT Medical, which claims to be the largest medical device distributor and service...
Dojane Capital in Joyrun Heavy Industry deal
Shanghai-based investment firm Dojane Capital, will invest RMB100 million ($14.6 million) alongside four unidentified investment institutions in Jiangsu Province-based Joyrun Heavy Industry, a large manufacturer of high-end precision casting parts.
Mayfield, SIDBI invest Indian infra with Fourcee
Mayfield India Fund and SIDBI Venture Capital have committed $11 million to Fourcee Infrastructure Equipment, a Mumbai-based provider of liquid cargo logistics equipment and solutions.
Intel to buy Fidelity's India MCX stake
Intel Capital is reportedly going to acquire 2% of the stake in India's Multi Commodity Exchange (MCX) held by Fidelity International.
Intel, Sequoia invest July Systems
Intel Capital has led a Series C funding round of $7 million, alongside previous investors Sequoia Capital and Footprint Ventures, in mobile media company July Systems, founded by Indian technopreneur Rajesh Reddy.
Fresh Coffee Day funding reports continue
Indian media are continuing to report that VG Siddhartha-backed holding group Coffee Day Holdings is about to receive funding of around $75 million, purportedly from Standard Chartered Private Equity Ltd. (SCPEL), with Kohlberg Kravis Roberts & Co. and...
Yorkville invests $10 million in Chinese pharma company
Yorkville Advisors, a US financial firm specializing in providing debt and equity financing to listed companies globally, has injected $10 million into Lotus Pharmaceutical, Inc., a US OTC Bulletin Board-listed company engaged in the production, trading...
Aureos invests Shanghai Fucheng
Emerging markets investor Aureos Capital has reportedly invested some $3.4 million into Shanghai Fucheng Environmental Protection Engineering from its Aureos China Fund.
Temasek, Li Ka-shing, back SecondMarket Inc.
Singapore SWF Temasek Holdings and the Li Ka-shing Foundation, backed by Hong Kong business leader Li Ka-shing, have jointly invested $15 million in a Series B round for SecondMarket Inc., an operator of an online marketplace and trading service for illiquid...
Leopard makes financial services investment
In a co-investment with two other foreign investors, Leopard Cambodia has taken a shared 7.72% stake in ASA, a 19% shareholder of ACLEDA, one of the leading retail banks in Cambodia.
Providence deal with Baidu confirmed
Leading TMT specialist investor Providence Equity Partners has reportedly sealed its deal with PRC Internet search leader Baidu to invest $50 million into a Hulu-like online video service.