Miaojiankang, a China-based company that provides health data tracking, management, and analysis services through an online platform, has raised RMB500 million ($74 million) in a Series C round from China Pacific Insurance and Xiran Capital.
Hian Goh knows better than most Southeast Asian VC investors the cultural barriers that discourage the region’s entrepreneurs. With Openspace Ventures he aims to provide start-ups the support they need
The China-Belarus Industrial Investment Fund, an investment vehicle under China Merchants Group, has led a $41 million Series C round of funding for Shenzhen-based Zhuiyi Technology, an artificial intelligence start-up specializing in chatbots.
Samara Capital has purchased a 50% stake in Indian cosmetics maker Blue Heaven Cosmetics for an undisclosed amount, its second investment in the personal care segment in as many weeks.
Sprng Energy, an Indian renewable energy platform backed by Actis Capital, has acquired a 194 megawatt portfolio of operating solar power assets from SP Infra, the infrastructure investment arm of Shapoorji Pallonji Group.
By applying artificial intelligence to human resources management, China's IfChange claims to make recruitment and retention more efficient. The company is now pushing to expand its customer base and product coverage
PE and VC players are slowly discovering the investment and business expansion opportunities in the lower-tier cities of developing Asia. Risk-reward calculations are becoming more complex in the process
The Longreach Group has announced the third investment from its recently closed third mid-market buyout fund, with an agreement to acquire contract development and manufacturing organization (CDMO) Quasar Engineering.
China-based Zhongneng United, which rents out aerial work platforms that provide temporary access to inaccessible areas, has raised $50 million in Series B funding led by Source Code Capital.
Qiming Venture Partners has led a RMB200 million ($30 million) Series B round for Emergen, a Chinese company that designs intelligent operating systems for factories and produces industrial robots.
Intel Capital has invested two Chinese start-ups as part of a $117 million commitment across 14 artificial intelligence (AI) companies globally.
EQT has made an investment of undisclosed size in MHC Asia, a Southeast Asia-based healthcare benefits administrator that helps corporate clients customize health and wellness offerings.
General Atlantic and Värde Partners have invested INR18.5 billion ($267 million) in PNB Housing Finance, the publicly listed mortgage subsidiary of India’s Punjab National Bank (PNB).
RRJ Capital has agreed to take full ownership of Gategroup, an airline catering provider owned by troubled Chinese conglomerate HNA Group.
Indian online grocer BigBasket has raised $149.9 million from a group of investors including Mirae Asset Management, UK development finance institution CDC Group, and Alibaba Group.
China-based Dingdang Kuaiyao, an online-to-offline (O2O) medicine retailer, has raised RMB600 million ($89 million) in a new round of funding led by existing investor Softbank China Venture Capital.
China Synergy Fund, the dual currency investment vehicle established earlier this year by TPG Capital and CICC Capital, has agreed to acquire Electropoli, a provider of surface treatment services, from French automotive conglomerate Impala Group.
Yipinshengxian, a China-based fresh food discount supermarket operator, has raised RMB2 billion ($297 million) in a Series B round of funding led by Tencent Holdings.
Coatue Management has led a $25 million Series C round for Chinese big data analytics and cloud services company Kyligence.
Mirae Asset Capital has led a $11.5 million Series B round for Standigm, a Korean drug discovery and development company that uses artificial intelligence (AI).
Chinese industrial robotics developer and incubator Guochen raises $15 million in Series A funding to continue pushing China's robotics industry to greater heights
CDIB Capital, the private equity arm of China Development Financial, has launched a tender offer for Taiwan-based chemical producer Jintex that values the company at NT$1.87 billion ($60.5 million).
Boomplay, a music streaming and download service provider serving African audiences, has raised $20 million in a Series A round led by Maison Capital, with participation from Yunshi Capital.
Tata Group, GIC Private, and special situations investor SSG Capital have formed a consortium to invest INR80 billion ($1.1 billion) in India’s GMR Airports (GAL). It will facilitate a number of private equity exits.