Regions
Tencent, Sequoia join $80m Series B for Australia's Airwallex
Australian financial technology company Airwallex has closed an $80 million Series B funding round with participation from existing investors Tencent Holdings and Sequoia Capital China.
Milltec, Indiamart file for India IPOs
Indian agricultural processing equipment maker Milltec Machinery and online marketplace Indiamart have filed for IPOs. Milltec’s private equity backer Multiples Alternative Asset Management and Indiamart investors Intel Capital, Accion International...
Temasek, RRJ to take 49% stake in HNA-owned Gategroup
Temasek Holdings and RRJ Capital have invested an unspecified amount for a significant minority stake in Gategroup, an airline catering provider owned by troubled Chinese conglomerate HNA Group.
Chinese social e-commerce player Pinduoduo files for US IPO
Pinduoduo, a Chinese social e-commerce platform that counts Tencent Holdings and a string of venture capital firms among its investors, has filed for an IPO in the US.
China-US trade: Balance of power
A long-smoldering trade dispute between the US and China has begun to reverberate globally across a range of sectors. Private equity must not ignore the potential impacts
Chinese investors back Indian online marketplace Cashify
Cashify, an Indian online marketplace for used smart phones and electronics, has raised a $12 million funding round led by China-based GPs CDH Investments and Morningside Capital.
Nissan terminates sale of battery business to China's GSR Capital
Nissan Motor has abandoned plans to sell its electric battery operations and production facilities to GSR Capital because the Chinese private equity firm didn’t have sufficient funds to complete the transaction.
Boyu leads $125m round for Singapore's Trax
Boyu Capital has led a $125 million funding round for Trax, a Singapore-headquartered company that has developed computer vision and analytics solutions through which retailers can link sales to in-store and on-shelf positioning.
Unitas agrees $694m sale of Chinese condiments business
Unitas Capital, which is in the process of exiting its remaining investments after abandoning plans to raise a new fund in 2016, has agreed to sell Chinese condiments producer Jiahao Foodstuff to Huabao International Holdings for $694.5 million.
PE-backed BabyTree to list in Hong Kong
BabyTree, a Chinese parent-focused social networking platform that has received backing from the likes of Fosun Group and Alibaba Group, has filed for a Hong Kong listing.
Cancer drug developer Innovent Biologics files for HK IPO
Innovent Biologics, a Chinese drug developer company with a number of PE backers, has filed for an IPO in Hong Kong under recently introduced rules allowing listings by biotech companies with no revenue or profits.
Hideyuki Inokuma to retire from Advantage Partners
Hideyuki Inokuma, who as chief administrative officer at Advantage Partners is responsible for investor relations as well as middle and back-office functions, is to retire from the Japan-based firm.
NZ Super buys 27% stake in domestic food player
New Zealand Superannuation (NZ Super) has invested an undisclosed sum to take a 27% holding in New Zealand Gourmet, a company that farms and markets a range of fresh produce.
Malaysia's Affin Hwang launches private equity unit
Malaysia-based Affin Hwang Asset Management has launched a private equity arm under the name Bintang Capital Partners.
Google launches Asian games accelerator
Google has launched an accelerator for Southeast Asia, India, and Pakistan that will focus exclusively on video games.
Helion, Kedaara set for partial exits in Indian MFI's IPO
Helion Venture Partners and Kedaara Capital are set to make partial exits in the IPO of Spandana Sphoorty Financial, an Indian microfinance institution (MFI).
Advantage buys China restaurants from Papa John’s
Advantage Partners has acquired 34 restaurants in Beijing and Tianjin from Papa John’s International. The investment is being made through the Japanese private equity firm’s $380 million debut Asia fund, which closed in May.
Japan VC: Acorns to oaks
Japan Post Investment Corporation seeks to fill the late-stage investment gap in Japan's venture capital market that local VC investors lack the capacity to address
YuanMing, Matrix lead $50m round for China's Adlai Nortye
YuanMing Capital and Matrix Partners China have led a Series B round of more than $50 million – denominated in US dollars and renminbi – for Adlai Nortye, a Chinese biopharmaceutical company.
General Atlantic invests $130m in Indian hospital operator
General Atlantic has committed $130 million to Krishna Institute of Medical Sciences (KIMS), a South India-based hospital chain that has been approved for an IPO. The company is also backed by ICICI Venture.
Singapore's EDBI joins $42m round for US-based Puppet
Singapore’s EDBI has joined a $42 million funding round for Puppet, a US-based creator of software development and operation tools, with the goal of driving expansion in Asia.
VCs invest $8m in Singapore's Umitron
Innovation Network Corporation of Japan and D4V, a Japanese seed-stage investor set up by Genuine Startups and US design consultancy Ideo, have joined a S$11.2 million ($8.2 million) investment in Singaporean agricultural technology company Umitron.
C-Bridge leads $20m round for China's Nuance
C-Bridge Capital, a Chinese healthcare-focused private equity firm, has led a $20 million Series B funding round for domestic pharmaceuticals developer Nuance Biotech.
Uxin trades up on debut after $225m US IPO
Chinese used car trading platform Uxin Group gained 10% on its first day of trading on NASDAQ following a $225 million IPO that was scaled back in terms of size and pricing.