Investments
Deal focus: Linctex makes SaaS pay in China
Vision Plus Capital identified Linctex after conducting a deep dive into China's textile industry supply chain. It believes the company has the right model - and is in the right industry - to make software-as-a-service work
Deal focus: Vogo pursues transformation on two wheels
Vogo and Bounce are both scooter rental start-ups targeting the Indian market, but they are going about it in very different ways. Lightstone Aspada is backing the former's more inclusive approach
Macro factors not slowing private debt in Australia - AVCJ Forum
Leveraged lenders focusing on Australia and New Zealand continue to see strong demand from financial sponsors, with the impact of global macroeconomic volatility likely to be delayed and perhaps muted.
China's GenFleet Therapeutics raises $50m Series B
CDH Investments and Shenzhen Capital Group have co-led a $50 million Series B round for GenFleet Therapeutics, a Chinese drug developer.
China's Billionhome leads $14m round for space tech player
Chinese private equity firm Billionhome Capital has led a RMB100 million ($14.4 million) investment in local satellite technology supplier Mino Space.
Sequoia warns founders not to underestimate coronavirus impact
Sequoia Capital has advised founders and CEOs of its portfolio companies to “question every assumption” about their business in response to mounting global concern over the coronavirus outbreak, which it describes as the “black swan of 2020.”
China EV charging operator secures $190m Series A
Telaidian, which claims to operate China's largest electric vehicle (EV) charging network, has raised RMB1.35 billion ($190 million) in Series A funding.
Japan Post Capital joins $26m round for Singapore's AnyMind
Japan Post Capital and Sparx Group have provided $26.4 million in funding to AnyMind, a Singapore-based marketing technology start-up focused on entertainment.
Motilal Oswal invests $32m in Indian TB diagnostic player
Motilal Oswal Private Equity (MOPE) has committed INR2.4 billion ($32.4 million) to Molbio Diagnostics, a molecular diagnostics manufacturer that specializes in low-cost diagnosis of tuberculosis and other diseases.
Chinese autonomous mining vehicle provider raises $14m
Cathay Capital has led an extended tranche of Series A funding worth RMB100 million ($14 million) for Waytous, a Chinese autonomous driving start-up focused on the mining industry.
CITIC, CDH, Legend invest $300m in China freight business
CITIC Capital, CDH investments and Legend Capital have invested $300 million in SF Freight, a sub-brand of Chinese courier company SF Express, through a convertible note issue.
Profile: Baring Asia's Jean Eric Salata
Jean Eric Salata has built Baring Private Equity Asia from a one-man-shop into a firm with $20 billion in assets, negotiating financial crises and changing economic realities. He has never been one to stand still
US GP joins Series C for India's Stanza Living
US-based Equity International has joined a Series C round of undisclosed size for India’s Stanza Living, a technology-enabled hospitality and student housing services provider.
Indian cardiac analytics firm Tricog raises $10.5m
Tricog, an India-based cardiac analytics firm, has raised $10.5 million in Series B funding from a group of domestic and international VCs.
Australia fintech player InDebted raises $9m Series A
Carthona Capital and MassMutual Ventures have led a A$14 million ($9.2 million) Series A round for Australian financial technology provider InDebted.
Mongolia start-ups: Steppe forward
Unlike most frontiers, Mongolia is more talent hub than consumer market. There is no systemic hindrance to start-up investment but few mechanisms to sufficiently organize it
India technology: The Jio effect
Nearly three months have passed since Reliance Industries launched Jio Platforms as a holding company for its digital and telecom businesses. Is it poised to reshape India’s technology landscape?
Sequoia leads $14m Series B for China's Mech-Mind Robotics
Mech-Mind Robotics, a provider of intelligent solutions for industrial robots, has raised a RMB100 million ($14 million) Series B round led by Sequoia Capital China.
Paragon leads $30m Series B for Indian fintech player
SMEcorner, an Indian online lender to small businesses, has closed a $30 million round comprising equity and debt led by Paragon Partners.
India used car dealership raises $43m Series B
Spinny, an online platform for selling used cars, raised $43.7 million in a funding round led by The Fundamentum Partnership, an Indian growth capital VC firm.
Anacacia invests Australian workforce services player
Anacacia Capital has confirmed a “significant” investment in Australian workforce services provider Sureway Employment & Training.
Chinese insurance tech player raises $14m Series A
Chinese health insurance platform Nuanwa Technology has raised a RMB100 million ($14 million) Series A round led by Longfor Capital, a unit of real estate developer Longfor Group.
MSPEA leads $23m Series D for India's Ummeed
Morgan Stanley Private Equity Asia (MSPEA) has led a INR1.6 billion ($23 million) Series D round for Indian low-income home loans provider Ummeed Housing Finance.
Vertex leads $10m round for Indian data services firm
Hasura, a software-as-a-service firm that helps companies improve the data delivery process, has raised $9.9 million in a Series A round led by Vertex Ventures.