US-based VCs TCV and Dragoneer Investment Group have led a $100 million Series E round for FarEye, an Indian logistics software-as-a-service platform focused on Western markets.
TR Capital and Shenzhen Capital Group have backed the spin-out of six healthcare assets held by China focused GP Huagai Capital into a RMB800 million ($125 million) renminbi-denominated continuation fund.
SoftBank Vision Fund 2 has invested $175 million in Korean education app Riiid to build out its artificial intelligence (AI) capacities and advance a global expansion.
From DJI to Ele.me, numerous successful start-ups have emerged from universities in Greater China. VC investors recognize the talent, but they are sometimes wary of the structures
The Southeast Asian manager will commit up to $100 million to hospital roll-up strategy intended to address rising demand for private healthcare in Malaysia’s underserved territories
In Hummingbird Bioscience and Halodoc, Novo Holdings believes it has backed a potential global leader in hard-to-drug cancer and a likely domestic champion in telemedicine and disease management
China’s DST Car Rental has achieved a level of vertical integration unique among start-ups in electrified logistics. With the model proving itself at home, an overseas expansion awaits
Hong Kong’s Animoca Brands is at the forefront of securing digital property rights via cryptographic tokens. The concept is germinating in the games sector, but it is expected to change everything
Navis Capital Partners has acquired a majority stake in Malaysia-based hospital developer Aurelius Healthcare for an undisclosed sum.
For-U Smart Freight, a Chinese road freight logistics company, has raised a $200 million Series E round led by China Structural Reform Fund, China life Investment, and Greater Bay Area Homeland Investments.
Ocean Link and Sequoia Capital China have completed the $190 million privatization and subsequent delisting of Zhejiang New Century Hotel Management.
Akrostar, a Chinese chip designer established less than a year ago by a team that spun out from US-headquartered industry leader Synopsys, has raised RMB500 million ($78 million) in Series A funding.
Anchor Equity Partners, a mid-market private equity firm focused on opportunities in North Asia, with a particular focus on Korea, has invested JPY60 billion ($550 million) in the Japan unit of Korean internet giant Kakao.
Advantage Partners has agreed to invest about JPY7 billion ($64.6 billion) in Tokyo-listed coffeeshop and bakery chain Saint Marc.
TaniHub, a platform that connects farmers with customers and other agriculture industry suppliers, has closed a $65.5 million Series B round led by MDI Ventures.
Lilly Asia Ventures has led a $90 million Series B round for Duality Biologics, a Chinese developer of oncology and autoimmune drugs.
Korean GP Centroid Investment Partners is tapping local investors to participate in a KRW1 trillion ($886 million) equity pool in support of its $1.7 billion acquisition of US golf club manufacturer TaylorMade.
Novo Holdings, which manages the wealth of Denmark’s Novo Nordisk Foundation, has led a $125 million Series C round for Hummingbird Bioscience, a Singapore and US-based drug developer.
A consortium led by Alibaba Group and Baring Private Equity Asia has invested $400 million in the combined consumer goods and grocery retail operations of Vietnam conglomerates Masan Group and Vingroup.
Insight Partners has led a $60 million round for Thunes, a Singapore-based financial technology provider specializing in B2B cross-border payments in developing markets.
Legend Capital has spun out the healthcare assets from two of its China venture capital funds into a continuation vehicle supported by Hamilton Lane and Coller Capital. The $270 million deal includes capital for follow-on investments.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a $100 million Series C led by Ingka Holdings, a holding company for most of Ikea's stores.
Pine Labs, an India-based payments start-up that recently expanded its Southeast Asia footprint through the acquisition of Malaysia’s Face, has secured $285 million in new funding.
Hospitals attract most of the capital and interest aimed at Vietnam healthcare. Macro tailwinds are benefiting other parts of the services ecosystem as well, but GPs don’t want to jump too early