Having found its sweet spot bridging the middle markets of Asia and Europe, AGIC Capital plans to stay there – although Fund II will move earlier to capture technology hardware post-commercialization
Accel Partners, Avataar Ventures, Norwest Venture Partners, and Premji Invest, have committed $100 million in funding to Amagi, an India-based software-as-a-service (SaaS) platform aimed at TV broadcasters.
Ximalaya, a Chinese online audio platform backed by the likes of Tencent Holdings, General Atlantic, and Goldman Sachs, has canceled its planned IPO.
SPAC deals and GP-led secondary transactions are bringing more liquidity options to Southeast Asia, a geography where private equity investors have often struggled to achieve exits, industry participants told the AVCJ Singapore Forum.
Apax Partners-owned Helthium Medtech, an India-based medical devices manufacturer formerly known as Sutures India, has filed for a domestic IPO.
The Carlyle Group has exited what was its debut investment in Indonesia – after a nine-year holding period – with the sale of telecom towers operator Solusi Tunas Pratama (STP).
PayPal has agreed to buy Japan’s Paidy, a specialist in deferred e-commerce payments backed by several private equity investors, for about JPY300 billion ($2.7 billion).
A private equity consortium's right to enforce a put option against the chairman of Korea's Kyobo Life Insurance has been upheld following arbitration, though the ruling stopped short of endorsing a price for the transaction.
Delivery Hero was instructed to offload Yogiyo as a condition of buying Woowa Brothers. Affinity, Permira, and GS Retail made the most of a $685 million opportunity to enter Korea’s food delivery space
China e-commerce giant JD.com has agreed to buy a 26.38% stake in Hong Kong-listed China Logistics Property Holdings (CNLP) from the company’s founder, which will trigger a mandatory takeover offer for the entire business at a valuation of more than...
Korea’s VIG Partners has sold a 10% stake in funeral services provider Preed Life to Mastern Partners, a local PE platform, for KRW50 billion ($43.2 million).
PayU, a payments provider owned by South African conglomerate Naspers, has agreed to acquire 100% of Indian payments app BillDesk for $4.7 billion, setting up several private equity exits.
Tata Capital Innovations Fund is set to exit Indian industrial materials developer Pluss Advanced Technologies to a local conglomerate in a deal worth INR1.1 billion ($15.7 million).
SenseTime, a Chinese artificial intelligence (AI) technology developer that has received more than $5.2 billion in private funding in the past seven years, has filed for a Hong Kong IPO.
DayDayCook, a China-focused direct-to-consumer brand that started as a cooking-themed video platform, has agreed to merge with a US-listed special purpose acquisition company (SPAC) at an enterprise valuation of $300 million.
Chinese smart phone maker Xiaomi has agreed to buy local autonomous driving technology developer Deepmotion, facilitating liquidity events for Source Code Capital and Redpoint China Ventures.
Indian e-commerce logistics Delhivery has acquired Spoton Logistics, a private equity-owned express logistics and supply chain business, with a view to strengthening its B2B capabilities.
Advent International has sold its controlling stake in AI Dream – operator of the Serta and King Koil mattress brands in China – to Hillhouse Capital.
A consortium led by Asia healthcare-focused private equity firm CBC Group has agreed to acquire a 46.9% interest in Hugel, a South Korean manufacturer of botox and other health-related pharmaceuticals, for KRW1.7 trillion ($1.5 billion).
Kedaara Capital and Partners Group have made partial exits from Aavas Financiers, the mortgage business they carved out from Indian non-banking finance company Au Financiers in 2016 and took public two years later.
Baring Private Equity Asia is poised to add to its enterprise technology portfolio with the acquisition of Straive – a Philippines-based outsourcing business previously known as SPi Global – from Partners Group.
A special purpose acquisition company (SPAC) sponsored by Liang Meng, founding managing partner of China’s Ascendent Capital Partners, has agreed to merge with PE-backed Tim Hortons China at a valuation of $1.8 billion.
Partners Group has agreed to buy India-based broadband provider Atria Convergence Technologies for an enterprise valuation of nearly $1.2 billion, facilitating a full exit for True North and a partial exit for TA Associates.
The sale of ARA Asset Management to ESR will create a real estate behemoth primed to go big on e-commerce-driven logistics and data centers – and allow Warburg Pincus to reunite with the platform it seeded