Investments
Buyouts: More trouble in Taiwan
The collapse of a Morgan Stanley Private Equity Asia-backed bid to acquire CNS from MBK Partners once again underlines the challenges facing buyout investors in Taiwan, on entry and exit
Accel leads $6m round for India's SigTuple
Accel Partners has led a $5.8 million Series A round for Indian healthcare-focused AI start-up SigTuple Technologies.
Singapore proposes simpler regulatory framework for VCs
Singapore should make it easier for venture capital firms to establish themselves locally and take steps to attract more private equity investors to the country as part of efforts to fill the funding gap, a government-appointed panel has recommended....
Warburg Pincus leads $100m Series D for China's Yunniao
Warburg Pincus has led a $100 million Series D round for Yunniao Distribution, a platform for sourcing intercity courier services in China, followed by existing investors Matrix Partners and GSR Ventures.
China VC-backed parenting site gets Series D from Suning
Lamabang, a Chinese parent-focused social platform backed by several VC investors, has raised a Series D round of funding from local home appliance retailer Suning Commerce.
Peepul Capital invests in Unibic India
Peepul Capital has cemented its control of snack food maker Unibic India by acquiring the entire stake of minority investor Lighthouse Funds.
India's Wooplr raises $8m Series B
Sistema Asia Fund (SAF) has led an $8 million Series B round for Indian social network and online fashion marketplace Wooplr.
China logistics: Time to deliver
The pursuit of Global Logistic Properties (GLP) is a natural consequence of more private capital entering China's transportation and logistics sector - indeed, GLP itself is managing a sizable portion of this capital
Deal focus: Grab thinks local in Indonesia
Grab will invest $700 million in Indonesia over four years with a view to developing more localized solutions that support the development of its core ride-hailing business as well as promote financial inclusion
MSPEA, Far EasTone abandon bid for Taiwan's CNS
Morgan Stanley Private Equity Asia (MSPEA) and Far EasTone Telecommunications have withdrawn their bid for Taiwan cable TV operator China Network Systems (CNS) after the deal became bogged down by regulatory reviews.
Temasek leads $55m round for India's CarTrade
Singapore state-backed investment group Temasek Holdings has led a INR3.7 billion ($55.2 million) funding round for Indian online auto sales portal CarTrade.
Chinese VC-backed car valuation platform raises $29m
Che300.com, a Chinese VC-backed platform that values used cars, has raised RMB200 million ($29 million) in a Series C round of funding led by state-owned automotive company SAIC Motor.
Beyond Next Ventures leads $3.4m round for Japan's CureApp
Japan-based investor Beyond Next Ventures has led a JPY380 million ($3.4 million) round for domestic healthcare software developer CureApp.
PAG buys Australian cake retailer The Cheesecake Shop
PAG Asia Capital has acquired The Cheesecake Shop, an Australia-based specialist cake retailer with a franchise network of more than 200 stores across Australia, New Zealand and the UK.
Flipkart: A unicorn unbowed
Despite a series of markdowns over the last 12 months and increased competitive pressure, Indian investors say e-commerce giant Flipkart is still a force to be reckoned with
China online pharmaceutical trading site raises $16m
Yaoshibang, a Chinese B2B pharmaceutical trading platform, has raised a RMB110 million ($16 million) Series B round co-led by Shenzhen-based Green Pine Capital Partners and Fosun Group.
VIDEO: Xiaolin Zhang, Shoreline Capital
Xiaolin Zhang, co-founder and managing partner of Shoreline Capital, discusses non-performing loan (NPL) investment opportunities in China
Deal focus: Equis cracks Australian solar market
Finding a reliable local counterparty for a power purchasing agreement gave Equis the confidence to commit $302 million to solar projects in Australia
PAG, Meridian invest $225m in Food Union Group
PAG Asia Capital and Meridian Capital have invested a combined $225 million in Europe-based dairy and ice cream producer Food Union Group, with a view to expanding the business in China.
IFC proposes $57m investment in Vietnam bank
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $57 million in Vietnam Prosperity Commercial Joint Stock Bank (VPBank).
Singapore's CXA raises $25m Series B round
The investment arm of Singapore's Economic Development Board (EDBI) and B Capital Group have led a $25 million Series B funding round for Singaporean health technology start-up CXA Group.
RB Investments leads $10m Series B for India's TravelTriangle
Singapore-based VC firm RB Investments has led a $10 million Series B round for Holiday Triangle Travel, operator of Indian online travel planning marketplace TravelTriangle.
Deal focus: Affinity captures Korea credit card exposure
General Electric's sale of its stake in Hyundai Card was complicated by joint venture partner Hyundai Motor Group staying involved. Affinity Equity Partners leveraged its existing relationship with the conglomerate to seal the deal
Investec leads $19.5m round for Singapore image recognition player
Investec Bank has led a $19.5 million funding round for Trax Image Recognition, a Singapore-based company that uses visual technology to support manufacturers and retailers.