Investments
Japan Post Capital leads $26m Series E for Sansan
Japan Post Capital has led a JPY3 billion ($26.4 million) Series E round for Sansan, a Tokyo-based company that applies cloud technology to business card management services.
Taiwan start-ups must think globally - AVCJ Forum
Taiwanese entrepreneurs should leverage local technology talent and use their home market as a testing ground for products and services that have global appeal, industry participants told the AVCJ Taiwan Forum.
Lighthouse invests $35m in India's Aqualite
Lighthouse Funds has invested more than INR2.5 billion ($35 million) for a minority stake in Aqualite Industries, an Indian footwear manufacturer.
Secondary restructurings: Opportunistic delays
Creative secondary deals are presenting private equity investors with new options for extending exposure to prized assets. Although a modest trend, it evokes big questions about best conduct
ChrysCapital acquires US health-tech player
Indian private equity firm ChrysCapital has acquired a majority stake in GeBBS Healthcare Solutions, a California-based developer of enterprise technology for the healthcare sector.
Singapore's SolarHome gets $10m for Myanmar push
SolarHome, a Singaporean off-grid solar specialist, has received $10 million in debt funding for a Myanmar expansion from crowdfunding platforms Crowdcredit and Trine.
KKR invests $366m in Singapore's V3 Group
KKR has confirmed it will invest up to S$500 million ($366 million) in Singapore-based luxury lifestyle and wellness products company V3 Group at an enterprise valuation of about S$1.7 billion.
Hellman & Friedman makes $1.8b bid for NZ online marketplace
Hellman & Friedman has submitted a bid to acquire 100% of New Zealand-listed online auction and e-commerce company Trade Me for NZ$2.6 billion ($1.8 billion).
Google joins Series C round for Japan's Abeja
Google has participated in a Series C round for Japanese corporate analytics player Abeja, taking the company's cumulative funding to JPY6 billion ($53 million).
China industrial e-commerce player Ruigu raises $33.5m
Ruigu Shop, a Chinese online retailer focused on electrical hardware, has raised RMB230 million ($33.5 million) in an extended Series B round led by Immensus Capital.
Singtel Innov8 leads $16m round for Australia's Data Republic
Singtel Innov8, the venture arm of Singapore telecom giant SingTel, has led a A$22 million ($16.2 million) Series B round for Australian cybersecurity technology company Data Republic.
Cool Japan leads $44m round for Spiber
Cool Japan Fund has led a JPY5 billion ($44 million) round for Spiber, a domestic biotechnology developer focused on synthesizing protein-based materials that simulate characteristics of spiderwebs.
Ant Financial leads Series C for Chinese logistics player Keking
Chinese logistics cloud-based software provider Keking has raised RMB1 billion ($143.7 million) in a Series C round of funding led by Ant Financial and Centurium Capital.
Steadview, Vy lead $50m Series D for India's UrbanClap
Hong Kong-based hedge fund Steadview Capital and existing investor Vy Capital have led a $50 million Series D round for Indian local services marketplace UrbanClap.
Golden Gate commits $18m to Malaysia
Singapore-based Golden Gate Ventures has committed to invest MYR75 million ($18 million) in Malaysian technology start-ups and opened a new office in the country.
Evolving India: Sophistication on demand
India's private equity market has reached a new level of maturity, and GPs must show they can keep pace with increasingly sophisticated entrepreneurs and LPs' expectations for returns
China's 360 Enterprise Security raises $180m pre-Series B
Chinese B2B internet security services provider 360 Enterprise Security Group has raised RMB1.25 billion ($180 million) in a pre-Series B round of funding.
VIG buys global Korean fried chicken franchise
VIG Partners has agreed to buy a 55% stake in Bonchon International, a Korean fried chicken restaurant brand with 325 outlets across eight countries. The size of the transaction was not disclosed.
MSPEA backs Indian NBFC Kogta Financial
Morgan Stanley Private Equity Asia (MSPEA) has led a INR1.54 billion ($22.1 million) investment in Indian non-banking finance company (NBFC) Kogta Financial.
L Catterton invests China fitness club operator
L Catterton Asia has invested an undisclosed amount in Will’s Group, a China-based operator of fitness facilities and services, to support its domestic expansion plans.
India's VC-backed Drivezy raises $20m Series B
Drivezy, a vehicle sharing marketplace based in India, has raised a $20 million Series B round led by existing investor Das Capital, with participation by Japan’s Yamaha Motor Co.
Square Peg joins $81m Series B for Australia's Deputy
Australia’s Square Peg Capital has joined an $81 million Series B funding round for domestic workforce management software provider Deputy.
Polaris to acquire Japan's O-Net from Rakuten
Polaris Capital has agreed to acquire Japanese online marriage services and event planning business O-net from e-commerce giant Rakuten for an undisclosed amount.
Korea's ACE Equity seals $356m tech manufacturing buyout
ACE Equity Partners, a Korean private equity firm that operates on a project fund basis, has acquired Daeho Technology Korea (DTK), a manufacturer of glass used in smart phones, for KRW400 billion ($356 million).