China’s Buhuo Ventures has closed its first US dollar-denominated fund at $100 million, following a GP-led cross-currency restructuring of a renminbi vehicle.
IMM Private Equity has made the first investment under its newly launched credit strategy, picking up a 40% stake in SK Lubricants, which is controlled by Korean conglomerate SK Group, for KRW1.09 trillion ($984 million).
SoftBank Ventures Asia has led a $28 million Series B round for Aplikasi Super, which claims to be Indonesia’s first and leading social commerce platform.
Zomato, an India-based food services platform that raised more than $1.25 billion in private funding from the likes of Ant Group, Tiger Global Management, and Sequoia Capital India, is looking to raise up to INR82.5 billion ($1.11 billion) through a domestic...
Prosus Ventures and Avataar Ventures have led a $75 million Series D round for ElasticRun, an Indian retail services provider for the micro, small and medium-sized enterprise (MSME) segment.
YiAuto, a Chinese new car marketplace, has raised a $70 million Series C round led by SIG. Existing investors GGV Capital, BlueRun Ventures, Sky9 Capital, and K2 Venture Partners also participated.
Vastai Technologies, a China-based artificial intelligence (AI) chip designer, has raised RMB500 million ($77 million) in an extended Series A round led by Matrix Partners China and China Internet Investment Fund.
Pacific Equity Partners (PEP) and The Carlyle Group have abandoned their A$2.7 billion ($1.97 billion) bid for Australia-based financial data and fund administration services provider Link Administration Holdings.
Quadrant Private Equity has made a partial exit from Australian car dealership Peter Warren Automotive Holdings following the company’s A$260.1 million ($203 million) IPO.
Chinese digital marketing player Mobvista has acquired VC-backed local counterpart Reyun in a cash-and-stock transaction worth RMB1.5 billion ($232 million).
Japanese engineering conglomerate JGC Group has teamed up with local VC Global Brain to establish a JPY5 billion ($46 million) fund targeting industrial sector technology start-ups.
Bain Capital has teamed up with two Japanese PE firms – Japan Industrial Partners (JIP) and Japan Industrial Solutions (JIS) – to carve out Hitachi Metals from its corporate parent for as much as JPY816.8 billion ($7.5 billion).
Trustar Capital – formerly CITIC Capital Partners – has acquired a stake in Yifei Group, an online business service provider to China’s beauty and personal care industry, continuing its string of deals in this area over several years.
Warburg Pincus has acquired a majority stake in India-based consumer goods packaging manufacturer Parksons Packaging, taking out positions held by Kedaara Capital, Olza Holdings, and IIFL Holdings.
China-based medical devices manufacturer Hygea Medical Technology has raised a RMB500 million ($77 million) Series C round led by China Growth Capital.
Macquarie Infrastructure & Real Assets (MIRA) has agreed to acquire 100% of Australia-listed waste management business Bingo Industries for A$2.3 billion ($1.8 billion).
ADV Partners and Premji Invest have acquired a significant majority stake in Indian plastic molding company Micro Plastics Private (MPPL) for an undisclosed sum.
Chinese agricultural drone maker EAVision has raised $30 million in Series C funding led by Temasek Holdings, CITIC Agricultural Industry Fund, and Bits x Bites.
Hello Inc, best known as the operator of China bike-sharing service Hellobike and backed by the likes of Alibaba's Ant Group and GGV Capital, has filed for an IPO in the US.
Main Sequence Ventures, a specialist deep tech investor established by Australia’s national science agency, CSIRO, has closed its second fund with A$250 million ($194 million) in commitments.
The private equity firms are backing Adopt A Cow’s combination of high-quality, high-transparency dairy products and its ability to reach young Chinese consumers through non-traditional channels
Having built its business on imports into China, e-commerce enabler Xingyun now wants to take Chinese brands global as well. For HI Transformational Fund, it represents a compelling inflection point
New Zealand’s Halter is bringing innovation to an industry that hasn’t seen many new tools since the invention of barbed wire. Blackbird Ventures is offering its support