Expansion
Deal focus: MOPE re-enters India's automotive market
Having tracked India-based Happy Forgings for five years, Motilal Oswal Private Equity is now confident in the company's ability to build its presence in the domestic and export auto components markets
Affinity, BRV seal Shinsegae e-commerce deal
Affinity Equity Partners and BRV Capital Management have finalized an agreement with Shinsegae that will see them invest a combined KRW1 trillion ($878 million) in the South Korean retail group’s e-commerce business.
KKR invests $144m in Southeast Asia's PropertyGuru
KKR has committed S$200 million ($144 million) in Series D funding to PropertyGuru, a Singapore-based online property portal that has several existing private equity investors.
SE Asia-focused Chinese fintech player gets $70m Series C
Akulaku, a Chinese consumer finance platform that primarily serves customers in Southeast Asia, has raised $70 million in a Series C round led by fintech company Finup Group. Sequoia Capital India, Blue Sky Venture Capital, and Qiming Venture Partners...
Booking invests $200m in Southeast Asia's Grab
Booking Holdings, which operates multiple online travel sites, has invested $200 million in Southeast Asia ride-hailing app Grab as part of a strategic partnership.
China auto retail player Huasheng Haoche raises $210m
Chinese auto retailer Huasheng Haoche has raised $210 million in a Series B round of funding led by Crescent Point Group, with participation from Goldman Sachs. JD Finance and Frees Fund, which backed the company’s seed and Series A rounds, also re-upped....
KKR returns for a second helping of Australia's GenesisCare
KKR will take a minority stake in Australian cancer and cardiac services provider GenesisCare – just over two years since exiting the business to a consortium led by China Resources Group.
Deal focus: Linklogis embraces supply chain finance 2.0
GIC Private leads $220 million investment in Linklogis, a financial technology player aiming to fill China's supply chain finance gap
Yunfeng leads $50m Series C for China's Yunxuetang
Yunxuetang, a Chinese employee training platform has raised $50 million in a Series C round led by Yunfeng Capital.
Advent expands China mattress market foothold
Advent International has expanded its presence in China’s growing mattress and sleeping products market with a new platform combining existing portfolio company King Koil and local counterpart Serta China.
Chinese HR SaaS player Beisen gets $100m Series E
Beisen, a Chinese cloud-based software-as-a-service (SaaS) provider specializing in human resources, has raised over $100 million in a Series E round led by Matrix Partners and Genesis Capital, with participation from Sequoia China Capital. All three...
Capillary raises funding to support China expansion
Capillary Technologies, a Singapore-headquartered artificial intelligence (AI) analytics provider with a substantial presence in India, has received funding from Warburg Pincus for a Chinese expansion.
Accel leads $13.6m round for India's Universal Sportsbiz
Accel Partners has led a INR1 billion ($13.6 million) Series E round for Indian fashion retailer Universal Sportsbiz (USPL).
Global Brain leads round for SE Asia's Omise
Thailand-based financial technology company Omise has raised a funding round of undisclosed size led by Japanese venture capital investor Global Brain.
China's Momenta secures new funding, claims $1b valuation
Momenta, a Chinese developer of autonomous driving technology backed by a number of VCs, has announced a fresh funding round of undisclosed size at a valuation of $1 billion.
Motilal Oswal invests $27m in India auto player
Motilal Oswal Private Equity (MOPE) has invested INR2 billion ($27 million) in Happy Forgings, an Indian manufacturer of forged and machined components focused on the automotive industry.
Source Code re-ups in Chinese computer rental start-up
Edianzu, a Chinese start-up that rents out computers and other office equipment to corporate customers, has raised $60 million in Series D funding led by existing investor Source Code Capital.
3Q analysis: Favoring the few
Brand names dominate Asia fundraising to an unprecedented degree; China IPOs continue despite weakening markets; Taiwan, Australia and Singapore deliver an unlikely investment boost
Australia's Quintet invests in local recruitment business
Quintet Partners, an Australian investment firm established by a former Citigroup banker, has acquired a significant stake in Talent, a locally based staffing and recruiting company focused on the IT sector.
GIC leads $220m Series C for China supply chain finance player
Chinese supply chain finance provider Linklogis has raised $220 million in a Series C round of funding led by GIC Private.
Ant Financial re-ups in India's Zomato
Indian restaurant discovery and food delivery platform Zomato has raised $210 million from existing investor Ant Financial, the financial services affiliate of China’s Alibaba Group.
Yunfeng leads $300m round for China's Xiaozhu
Xiaozhu, a Chinese online booking platform for short-term room rentals, has received a $300 million funding round led by Yunfeng Capital and Advantech Capital.
US-China biotech: Troubled transfers
Chinese investment in US biotech – and its ability to import intellectual property for domestic drug development – looks set to be a casualty of worsening relations between the two nations
Microsoft to invest in PE-backed ride-hailing platform Grab
Microsoft has made a strategic investment in Grab as part of a wider arrangement that will see it collaborate with the Southeast Asia-focused ride-hailing business on digital services.