Japanese venture capital firm Samurai Incubate has closed its second Africa-focused fund above target at just over JPY2.02 billion ($18.6 million).
The imminent US listing of a Middle East and North Africa (MENA) media app via a special purpose acquisition company (SPAC) is helping legitimize the region for Asian private equity.
Back-and-forth investment and business building between Asia and the Middle East is a fertile theme for private equity. Such activity appears set to steadily increase rather than boom
PolicyBazaar, India’s largest insurance comparison portal, has raised $75 million from US-based Falcon Edge Capital for a Middle East expansion.
Employees Provident Fund’s $600 million shariah-compliant co-investment mandate suggests increasing institutional appetite for Islamic finance solutions in private equity. Is the industry ready?
OTV, an Israeli VC firm focused on digital health, has closed its latest fund at $170 million, opened a China office, and appointed a new head of Asia to spearhead an expansion in the region.
Saudi Arabia’s Public investment Fund (PIF) has invested INR95.5 billion ($1.3 billion) in India’s Reliance Retail, taking a 2% stake.
Social distancing is driving demand for FreshToHome's farm-to-fork fish and meat supply chain offering. The company's $121 million Series C will go towards expansion in India and the Middle East
China’s data-driven consumer apps are having a harder time keeping politics out of business as they become increasingly competitive in global markets. Lessons are plentiful; solutions are not
Taranis, an Israel drone-based crop monitoring solution provider for farms, has raised $30 million in a Series C round eyeing expansion opportunities in Asian markets.
Ronen Nir is a general partner at Viola Ventures, an early-stage technology investor under Israel’s Viola Group looking to expand its presence in Asia
Beijing-based MSA Capital and Al Salam Bank-Bahrain have set up a $50 million VC fund that will target cross-border opportunities between China and the Middle East and North Africa (MENA) region.
Baring Private Equity Asia has agreed to buy Lumenis, an Israel-headquartered medical devices manufacturer that counts Asia as its largest market, from XIO Group for a valuation of $1 billion.
A group of Chinese investors including Gaorong Capital and Sequoia Capital China have joined a $120 million Series B round for Nigerian logistics and payments technology company Opay.
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
China-based MSA Capital, also known as MagicStone Alternative Investments, has confirmed that Middle Eastern investor Al Waha has made an LP commitment to its second venture capital fund.
Conservative sovereign wealth investors are increasingly comfortable making direct commitments to venture-oriented technology companies. The strategy appears to suit them but remains to be validated
Nigeria-based online services platform OPay has raised a $50 million funding round with participation by a number of Chinese investors, including IDG Capital, Source Code Capital, Sequoia Capital China, Meituan-Dianping, and GSR Ventures.
Oman-based private equity firm Jabreen Capital is expanding into Southeast Asia with the acquisition of a stake of undisclosed size in the Singapore division of Korean counterpart EastBridge Partners.
Investcorp entered the region last year through a fund commitment in China and the acquisition of an alternative investment platform in India. The firm’s top executives explain the rationale
Two executives from The Abraaj Group, including founder Arif Naqvi, have been arrested on US fraud charges relating to the collapse of the growth markets-focused private equity firm.
Boomplay has leveraged demand for its Chinese parent's smart phones to become the leading music streaming platform in Africa. Maison Capital and Yunshi Capital were sufficiently impressed to back a $20 million Series A round
Saudi Arabia’s Public Investment Fund (PIF) will invest $500 million into the Russia-China Investment Fund (RCIF), a vehicle established in 2012 by China Investment Corporation (CIC) and the Russian Direct Investment Fund (RDIF).
The Abu Dhabi Investment Authority (ADIA) has hired Kabir Mathur, a former member of KKR’s Asia leadership team, to head its private equity investments in India and Southeast Asia.