Region
Jade Invest part exits China's Latt Liv to JD.com
Jade Invest has confirmed a partial exit from Chinese lifestyle goods retailer Latt Liv, selling a “strategic stake” to e-commerce giant JD.com. Financial terms have not been disclosed.
Korea's Pavilion to pay $54m for firefighting business
Korea’s Pavilion Private Equity has agreed to acquire a controlling stake in domestic firefighting equipment maker Paratech for about KRW65 billion ($54 million).
India, US-based speech AI player Uniphore raises $51m
Asian VCs have backed a $51 million Series C round for Uniphore, an India and US-based artificial intelligence (AI) developer focused on speech recognition.
PE-backed CSB files for India IPO
CSB, an Indian private bank with several private equity backers, has filed for an IPO that is expected to raise at least INR300 million ($4.2 million). It is the first PE-backed IPO filing in more than nine months.
Sequoia, Matrix join $20m round for Chinese fintech player
Sequoia Capital China and Matrix Partners have joined a $20 million round for Chinese financial technology provider QFPay.
China's PE-backed Zhihu raises $434m Series F round
Zhihu, a Chinese question-and-answer platform, has raised a $434 million Series F round led by domestic search engine Baidu and short video site Beijing Kuaishou Technology.
Kotak closes India distressed asset fund at $1b
The Kotak Special Situations Fund, which is sponsored by an alternative assets arm of Kotak Mahindra Group focused on Indian non-performing loans (NPLs), has reached a final close of $1 billion.
Bertelsmann leads $30m round for India fintech start-up
Bertelsmann India Investments has led a $30 million funding round for Rupeek, an India-based online gold loan marketplace.
China's 01VC closes second early-stage fund at $100m
China’s 01 Venture Capital (01VC) has closed its second US dollar-denominated fund for early-stage investments with $100 million in commitments.
Naspers leads $125m round for India's Meesho
Naspers has led a $125 million round for Indian e-commerce platform Meesho with support from Facebook and a number of existing VC investors.
Chinese smart city platform developer raises $283m
China Everbright has led the first phase of Series C round – worth RMB2 billion ($283 million) – for Terminus Technologies, a Chinese supplier of city-level internet of things (IoT) platforms.
Women on corporate boards: Finding a voice
Investor pressure and industry lobbying has contributed to a rise in female representation on corporate boards. While quotas work for some, they aren’t necessarily the silver bullet
KKR to acquire China business of Hong Kong-listed NVC
KKR has announced a strategic partnership with Hong Kong-listed lighting solutions company NVC Lighting in which the GP will acquire a controlling stake in NVC’s mainland China business.
India's Lendingkart raises $30m Series D
Indian financial technology platform Lendingkart has raised a INR2.1 billion ($29.9 million) Series D round from existing investors Fullerton Financial Holdings, Bertelsmann India Investment, and India Quotient.
Kleiner Perkins, Aspex lead $64m round for Korea's Viva Republica
Kleiner Perkins and Aspex Management, a pan-Asia investor founded in Hong Kong last year, have led a $64 million round for Korean financial technology start-up Viva Republica.
China's Biocytogen gets $78m Series D
Chinese contract research organization (CRO) Biocytogen has raised a RMB543 million ($78 million) Series D round led by China Life Insurance and SDIC Venture Capital, a VC arm of the State Development & Investment Corporation (SDIC).
Partners Group invests Australian wind farm
Partners Group has made an investment of undisclosed size in an Australian wind power project. It is the firm’s fourth wind farm investment in the country in three years.
Women entrepreneurs: Tales from the coalface
Women remain underrepresented in start-up ecosystems across Asia, but for those who have taken the plunge, there is potential to make a social impact that transcends their respective target markets
JC Flowers plans near-full exit from Japan's Shinsei Bank
US-based private equity firm JC Flowers is planning to sell nearly all of its stake in Japanese financial institution Shinsei Bank for an undisclosed amount.
Hong Kong's AMTD trades up after US IPO
Shares in AMTD International, a PE-backed division of Hong Kong financial advisor AMTD Group, traded as much as 28% above initial pricing following a $174 million IPO on the New York Stock Exchange.
Former CIC PE head joins China Renaissance
Ou Wang, the former head of private equity for China Investment Corporation (CIC), has joined China Renaissance Holdings as a strategy consultant. He has also joined the board of Huajing Securities, the firm’s mainland China-focused investment banking...
Carbon recycling specialist raises $72m Series E
Novo Holdings, a Danish venture and growth equity investor focused on life sciences, has provided $72 million in Series E funding to LanzaTech, a US carbon recycling specialist with a significant Asia presence.
Integral agrees carve-out of Japanese refrigerator supplier
Integral Corporation has agreed a JPY50 billion ($471 million) carve-out of a subsidiary of Tokyo-listed Sanden Holdings Corporation that supplies refrigerators for use in convenience stores and vending machines.
Lazard's Nick Miles take on Asia-Europe role
Nick Miles, leader of the Asia private capital advisory team at Lazard, has taken on a newly created role intended to enhance collaboration between the firm’s operations in Asia and Europe.