Regions
India proposes regulatory changes to boost start-up listings
The Securities and Exchange Board of India (SEBI) has floated a number of proposals intended to ease the listing process for technology-focused start-ups.
CIC to back Japan-China industrial cooperation fund
China Investment Corporation (CIC) has reached an agreement with several Japanese financial institutions to establish a fund that will support Japanese companies looking to expand into China.
Saudi Arabia’s PIF commits $500m to China-Russia fund
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).
China Life backs AI drug development platform XtalPi
A healthcare fund managed by China Life Insurance has led a $46 million extended Series B investment in XtalPi, a US-based artificial intelligence-enabled healthcare services platform established by Chinese scientists.
Ping An Ventures leads $20m round for China's Xgene
Xgene Pharmaceutical, a Chinese drug maker, has raised $20 million in a Series B round of funding led by Ping An Ventures with participation from Zhongtai Investment – a unit of Indonesia’s Sinar Mas Group – and existing investors Morningside Venture...
Deal focus: Meltin plans next stage in human evolution
Japanese bio-robotics start-up Meltin has received a $17.7 million Series B round from a group of investors including SBI Investment with a view to revolutionizing human-machine interfaces
KKR returns for a second helping of Australia's GenesisCare
KKR will take a minority stake in Australian cancer and cardiac services provider GenesisCare – just over two years since exiting the business to a consortium led by China Resources Group.
BGH resumes its pursuit of Australia's Healthscope
A group of private equity investors led by BGH Capital has renewed its approximately $4.1 billion ($2.9 billion) bid for Australia-listed hospital operator Healthscope. A similar offer was rejected earlier this year.
Nio Capital, Eight Roads lead Series A for Innovusion
Innovusion, a US-based developer of Lidar technology for autonomous vehicles, has raised a $30 million Series A round led by Eight Roads Ventures China and Nio Capital, a unit of Chinese electric vehicle maker Nio.
Chinese smart city player Terminus raises $173m Series B
Terminus Technologies, China’s largest city-level mobile internet platform, has raised RMB1.2 billion ($173 million) in an extended Series B round led by China Everbright and IDG Capital. Local artificial intelligence (AI) technology developer SenseTime...
Centurium increases hard cap on China fund to $1.98b
Centurium Capital, a private equity firm established by ex-Warburg Pincus China head David Li, has increased the hard cap on its debut fund from $1.5 billion to $1.98 billion.
Deal focus: Mandaya targets shifting healthcare demand
Kendall Court backs Mandaya Medical's bid to capture the demand for quality healthcare among Indonesia's growing middle class
China car group buying platform Tuanche files for US IPO
Tuanche, a Chinese online auto services platform that specializes in group buying, has filed for an IPO in the US. Its backers include K2 Ventures, Highland Capital Partners, and Bertelsmann Asia Investments (BAI).
Motilal Oswal closes third India fund at $325m
Motilal Oswal Private Equity (MOPE) has closed its third growth equity fund at INR23 billion ($325 million), beating its target of INR20 billion.
SCPE exits India's Dolvi Metals & Minerals
Standard Chartered Private Equity (SCPE) has exited its stake in Dolvi Minerals and Metals, a trader of metallic and non-metallic minerals based in India.
Composite Capital leads $50m round for India's ClearTax
Hong Kong-based hedge fund Composite Capital has led a $50 million funding round for Indian online financial services provider ClearTax.
Philippines start-ups: Cultural baggage
The Philippines is said to be at a tipping point where growing investor interest is set to culminate in the country’s first global start-up success story. A subtle malaise, however, is offsetting expectations
Zebra Capital closes second China fund
Zebra Global Capital, a Chinese GP established by Qunar co-founder Chenchao Zhuang (pictured), has reached a final close on its second fund. The firm said its total assets under management are now around $2 billion, without disclosing the size of the...
Deal focus: Linklogis embraces supply chain finance 2.0
GIC Private leads $220 million investment in Linklogis, a financial technology player aiming to fill China's supply chain finance gap
Yunfeng leads $50m Series C for China's Yunxuetang
Yunxuetang, a Chinese employee training platform has raised $50 million in a Series C round led by Yunfeng Capital.
Advent expands China mattress market foothold
Advent International has expanded its presence in China’s growing mattress and sleeping products market with a new platform combining existing portfolio company King Koil and local counterpart Serta China.
TVS reaches $113m first close on third India growth fund
TVS Capital Funds, a PE investment firm sponsored by the TVS Group and Shriram Group, has reached a first close of INR8.3 billion ($113 million) on its third India growth fund.
Chinese HR SaaS player Beisen gets $100m Series E
Beisen, a Chinese cloud-based software-as-a-service (SaaS) provider specializing in human resources, has raised over $100 million in a Series E round led by Matrix Partners and Genesis Capital, with participation from Sequoia China Capital. All three...
Q&A: Wellington Management's Michael Carmen
Michael Carmen, a senior managing director and PE lead portfolio manager at Wellington Management, discusses the growing opportunity in the late-stage pre-IPO market and the challenges for investors