Funds
Chile's Grupo Arcano to invest $100m in Australian start-ups
Chilean private equity firm Grupo Arcano plans to invest up to $100 million over the next two years in Australian start-ups.
Vivo closes latest Sino-US healthcare fund at $750m
US-based Vivo Capital has closed its eighth fund at $750 million. It will invest in healthcare companies in the US and China.
Taiwan incubator AppWorks raises $50m start-up fund
AppWorks, a Taiwanese incubator, has raised NT$1.5 billion ($50 million) for a new fund to support domestic internet start-ups.
Sequoia supports Noah's online China financial platform
Sequoia Capital has invested in Shanghai Noah Yijie Financial Tech, an internet finance subsidiary owned by Noah Holdings. The investment amounts to multi-millions of dollars.
Hahn & Co-backed Cowell e Holdings targets $153m offering
South Korea-focused GP Hahn & Co. is set to make a partial exit from electronics manufacturer Cowell e Holdings as the company seeks to raise up to HK$1.19 billion ($153 million) through its Hong Kong IPO.
Creador commits $24m to Indonesia's Bank Index
Creador Capital has paid IDR290 billion ($24 million) for a 20% stake in Indonesian lender Bank Index Selindo.
Australia's VentureCrowd partners with Sydney Angels
VentureCrowd - an Australian equity crowdfunding platform - has formed a partnership with angel investor group Sydney Angels in order to allow start-ups to tap new sources of capital.
Indonesia start-ups: Growth inflection
Indonesia has relatively incubators, angels and entrepreneurs with businesses of investible quality. Does the recent large investment in Tokopedia suggest the start-up ecosystem is now coming of age?
India Value Fund commits $50m to taxi firm Meru
India Value Fund Advisors (IVFA) has injected a fresh $50 million in radio taxi service Meru Cab, and is understood to be in talks to invest an additional $100 million in the next two months.
RRJ makes Fund III filing, registers $762m
RRJ Capital has made a US regulatory filing for its third China and Southeast Asia-focused fund, indicating that $762 million has been committed by LPs so far. This does not necessarily reflect the full extent of the GP’s fundraising efforts.
Japanese ticketing platform gets $5m Series B round
Japanese online ticketing platform Peatix has raised $5 million in a Series B round of funding led by DG Incubation, with strategic investment from SPH Media Fund and Japanese media company Sunny Side Up.
Mizuho Capital raises $170m for third mezzanine fund
Mizuho Capital Partners has launched its third fund focused on small- to medium-sized enterprises (SMEs) with initial commitments of JPY20.6 billion ($170 million).
PE investors exit India's SFO Technologies
IL&FS Investment Managers Limited (IIML), Franklin Templeton and Asia Mezzanine Capital Group (AMCG) have exited SFO Technologies, a leading Indian technology manufacturer.
China P2P car-sharing site uuzuche raises $10m
Uuzuche.com, a Chinese peer-to-peer (P2P) car-sharing platform backed by Lightspeed China Partners, has raised $10 million in a Series A+ round of funding from Bitauto, a Chinese auto information web portal.
Japanese restaurant app Retty raises $8.2m
Fidelity Growth Partners Japan has led a JPY1 billion ($8.24 million) Series C investment in Retty, a Japanese social restaurant guide. Existing investors also took part.
Indian game developer Moonfrog raises Series A round
Indian mobile gaming start-up Moonfrog has raised $15 million in a Series A round of funding led by Tiger Global and existing investor Sequoia Capital.
China interior design site To8to raises $200m
To8to, a Chinese interior decoration service platform, has raised $200 million in a Series C round of funding from Sequoia Capital, Matrix Partners China and classifieds online marketplace 58.com.
Matrix leads $15m round for China CRM platform Xiaoshouyi
Matrix Partners has led a $15 million Series C round of funding for Xiaoshouyi, a Chinese customer relationship management (CRM) platform, alongside Sequoia Capital.
Tiger Global, Accel commit $5m to India's ChargeBee
US-based Tiger Global has led a $5 million Series B round for India-based subscription billing system developer ChargeBee. Existing backer Accel also participated.
Lightspeed backs China's DaoCloud
Lightspeed China Partners has invested in DaoCloud, a Chinese cloud computing start-up.
Indonesia's IndoTrading receives $1.5m in Series A funding
Indonesian e-commerce portal IndoTrading has raised $1.5 million in a Series A round of funding led by OPT SEA, the Southeast Asian investment arm of Japanese e-marketing firm OPT.
Bain Capital targets $2.5b for third Asia fund
Bain Capital is preparing to launch its third Asian fund with a target of $2.5 billion and a hard cap of $3 billion.
VC-backed Flipkart acquires India's AdIQuity
Indian VC-backed e-commerce giant Flipkart has acquired AdIQuity, a domestic mobile ad network. Financial details of the transaction were not disclosed.
Korea's SMBA, IDG form $91m VC fund
IDG Capital Partners and South Korea's Small and Medium Business Administration have agreed to form a KRW100 billion ($91 million) VC fund that will help Korean businesses enter the China market.