Hillhouse Capital has led a $60 million Series B round for China’s Iaso Biotherapeutics via its newly established VC unit GL Ventures.
Bosheng Guangdian, a Chinese optical semiconductor maker targeting the smart phone market, has raised RMB100 million ($14 million) from a group featuring Vision Knight Capital.
Economic disruption caused by the coronavirus outbreak is likely to leave many private equity portfolio companies in breach of their leverage covenants. Borrowers and lenders are looking for a fix
Qinhan Hutong, a Chinese education provider that offers an art and culture curriculum, has raised RMB150 million ($21 million) in Series B funding from Mingde Chuancheng, a Shanghai-based education and consulting company.
SecuLetter, a Korean cybersecurity technology provider, has raised a $8 million Series B round that included Saudi Arabian VC firm Riyadh Valley Company.
The founders of Hong Kong-listed Li & Fung have teamed up with PE-owned warehouse operator GLP on a take-private offer that values their company at HK$10.7 billion ($1.37 billion).
Latin Leap, a Colombian VC investor and start-up services provider, has launched a boutique fund targeting $20 million to help Southeast Asian companies expand into Latin America.
Norwest Venture Partners has led a INR3.5 billion ($46 million) Series E round for Veritas Finance, an Indian non-banking finance company (NBFC) that issues loans to micro, small and medium-sized enterprises (MSMEs).
Sequoia Capital China has invested of RMB1.2 billion ($171 million) in Chinese dairy products manufacturer Junlebao, becoming the largest institutional investor with a 15.26% stake.
Unable to achieve the cost-effectiveness of America's driverless grocery delivery services in China, Neolix refocused on transporting meals. Investor Yunqi Partners believes simple solutions mean quicker commercialization
Indian hotel platform Oyo has concluded a $1.5 billion Series F round by raising $807 million from RA Hospitality Holdings, an entity controlled by founder and CEO Ritesh Agarwal, and SoftBank Vision Fund.
Pacific Equity Partners (PEP) and BGH Capital are continuing their due diligence on Australian cinema and theme park operator Village Roadshow despite the company experiencing difficulties due to coronavirus outbreak.
Shane Gong, who previously led the Singapore office at Australia's CHAMP Private Equity, now CPE Capital, has been recruited by Evercore to head up its PE secondaries business in Asia.
Several Korean investors have committed KRW56 billion ($44 million) in funding to Bungaejangter, a local C2C mobile marketplace specializing in second-hand goods.
Spinny - alongside industry peer Truebil - has taken the used car sales model that works for Carvana in the US and applied it to India. Combining online reach with offline legitimacy is the key
Chinese IT platform 51CTO switched from online media to online training five years ago and hasn't looked back. With $20 million in Series C funding, the company wants to sustain its rise
LGT Lightstone Aspada has led a $50 million Series B round for Vivriti Capital, which operates CredAvenue, an Indian platform that helps companies raise debt.
RemeGen, a Chinese drug developer, has raised a $100 million round led by Lilly Asia Ventures and Lake Bleu Capital.
Anchor Equity Partners is paying KRW209.8 billion ($163 million) for an approximately 13% stake in the music and entertainment division of Korean internet giant Kakao.
A recent commitment by China’s CDH Investments to Wow Tech underlines how sensual health products such as vibrators are moving from the margins to the mainstream, globally and in Asia
SIG and China Renaissance New Economy Fund have co-led a $25 million Series C round for Insgeek, a Chinese insurance technology specialist.
Singapore-based ride-hailing app Grab has teamed up with the local technology regulator to launch a start-up accelerator focused on facilitating business expansions into Vietnam.
Chinese enterprise digital solutions provider Cloudwise has raised $24 million in an extended Series D round led by Everest Venture Capital. Sequoia Capital China, WestSummit Capital, ASG and Koala Fund also participated.
Korea’s Mirae Asset Global Investments has led a $500 million Series F round for Impossible Foods, a US-based food technology supplier pursuing an Asia expansion.