Kirwood Capital, a private equity firm that makes growth investments in Australia and New Zealand-based companies with global expansion prospects, has joined a NZ$25 million ($16 million) Series C round or digital lending platform Harmoney.
Prosus Ventures, a VC unit of South African internet conglomerate Naspers, has led a $40 million investment in Indian logistics technology developer ElasticRun.
Quadrant Private Equity has agreed to buy Australian outdoor advertising business QMS Media Group for an enterprise valuation of A$571.6 million ($392 million) through a scheme of arrangement.
XTransfer has won backing from Alibaba and a string of venture capital investors to provide a bridge to payment services that so many small businesses in China are still forced to go without
Chinese investors recognize the long-term potential in fostering technology-enabled business models in Africa, but reluctance to engage local stakeholders and develop local knowledge is holding them back
Hillhouse Capital has secured a 15% interest in Gree Electric Appliances, China's leading manufacturer of air conditioners, beating a consortium led by Hopu Investment.
Manulife Investment Management will target Asia with a newly launched private markets secondary business.
Chinese early-stage investor Shunwei Capital Partners has participated in a Series B funding round for Indian motorcycle taxi operator Rapido, drawing comparisons with the growth trajectory of Indonesia’s Go-Jek.
Mobikon, a Singapore-based marketing technology provider for the restaurant industry, has received a $12.5 million Series B round led by Binny Bansal, co-founder of Indian e-commerce giant Flipkart.
Neiwai, a Chinese lingerie brand, has achieved a valuation of more than RMB1 billion ($142 million) following a RMB150 million Series C round led by Qiming Venture Partners.
Fountain Medical Development, a China-based contract research organization (CRO) that serves a global client base of drug developers, has received $62 million in Series D funding led by Goldman Sachs.
Cornell Capital, a US-based mid-market buyout firm, is starting to realize its Asian ambitions with an investment in Taiwan-based industrial supplier Lorom Holding. Bolt-on expansions appear likely
Japanese private equity firm J-Star has acquired three local internet media companies with a view to bundling them into an acquisition platform for the sector.
CDC Group has made its first equity investment in Nepal with a NPR1.35 billion ($12 million) commitment to WorldLink, the country’s largest private sector internet service provider.
Emotibot, a Chinese provider of computer vision and emotional recognition solutions to e-commerce platforms, financial institutions, and call center operators, has raised $45 million in an extended Series B round of funding.
Hetao 101, a Chinese online education platform dedicated to computer programming for children, has raised $50 million in Series B funding.
Chinese retailer KK Group - formerly known as KK Guan - has raised a $100 million Series D led by an Alibaba Group-backed fund. N5 Capital, Matrix Partners China and Black Algae Capital all re-upped.
ARQ Capital, a Philippines-based GP focused on the local small to medium-sized enterprise (SME) sector, has invested an undisclosed sum in dialysis clinic operator Medline.
China Everbright has turned a sub-scale consumer-facing smart door lock manufacturer into an internet-of-things platform catering to enterprise customers. Terminus is now building out its product base
Ekuaibao, a Chinese software-as-a-service (SaaS) provider specializing in corporate reimbursements, has raised $50 million in an extended Series C round.
Consumer hardware is a cratered landscape in venture capital, and the risk-reward equation is not particularly well understood. New ways of looking at a traditional industry are needed
Qianxun Spacial Intelligence or Qianxun SI, a high-precision positioning services provider, has raised RMB1 billion ($141 million) in a Series A funding round, taking its valuation past RMB13 billion.
Australian financial technology start-up Athena Home Loans has raised A$70 million ($48 million) in Series C funding from a group of investors led by AustralianSuper.
CLSA Capital Partners backed Japan's Worldtool having been won over by a Uniqlo-inspired business model. It turned into a domestic and overseas expansion story