Regions
CITIC Capital to acquire New Zealand's Trilogy for $175m
CITIC Capital has agreed to buy Trilogy International (TIL), a producer of skincare products and fragrances listed in New Zealand and Australia, for NZ$250 million ($175 million) via a scheme of arrangement.
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
Hony to invest in Li & Fung consumer assets
Hony Capital has agreed to invest in several businesses – covering furniture, beauty, and apparel – from Hong Kong conglomerate Li & Fung for $1.1 billion.
Ekuinas buys Malaysia's Davex for $63m
Malaysian government-backed PE firm Ekuinas has acquired domestic lighting design company Davex for MYR255 million ($62.5 million).
US, India-based MindTickle raises $27m Series B
US and India-based training and networking platform operator MindTickle has raised $27 million in Series B funding led by Canaan Partners.
Accel leads $10m round for India’s HomeLane
Accel Partners has led a $10 million Series C round for Indian interior design start-up HomeLane.
India's Teabox closes $7m Series B
Teabox, an online delivery service for fresh Indian tea, has closed a $7 million Series B funding round led by RB Investments.
Deal focus: An EV ecosystem play
WM Motor Technology's recent Series B round makes it one of the best-funded electric vehicle start-ups in China. The company has ambitions to build an EV ecosystem
VCs in $45m round for Chinese tech news site 36kr
Gobi Partners and China Prosperity Capital have led a RMB300 million ($45 million) round of funding for 36Kr Media, a Chinese online technology news platform.
Rakuten, Techstars launch Singapore accelerator
Japanese e-commerce giant Rakuten has launched a Singapore-based accelerator program in conjunction with Techstars. It is Techstars’ first program in an Asian city.
CDC leads $19m round for India's Veritas
UK-based development finance institution CDC Group has led an $18.6 million Series B round for Indian non-banking finance company (NBFC) Veritas Finance.
Finstar commits $50m to Southeast Asia fintech program
Finstar Financial Group, a Russia-based private equity firm focused on financial technology, will invest $50 million in an existing portfolio company as part of a Southeast Asian mobile consumer lending agenda.
Japanese start-up gets $90m for space trips
Innovation Network Corporation of Japan (INCJ) has joined a $90.2 million round for Japanese lunar exploration company iSpace. It is said to be the largest Series A raised in the country to date.
Vertex leads $50m round for China’s Guoxiaomei
Vertex Ventures China has led an initial Series C round of funding worth $50 million for Guoxiaomei, a self-service smart shelf operator.
Profile: KPCB China's James Huang
James Huang, a managing partner at KPCB China, has launched his own healthcare-focused investment firm to put his incubation and operational skills to work with a new generation of Chinese start-ups
2017 in review: Peak of the cycle?
Large-cap buyouts take private equity investment to record high; KKR leads the way in fundraising, but renminbi vehicles still distort the market; IPOs flourish amid global public markets boom
Western Digital drops challenge to Bain consortium’s Toshiba deal
Western Digital Corporation has dropped its legal challenge to the acquisition of Toshiba Memory Corporation (TMC), the Nand flash memory unit of Toshiba Corporation, by Bain Capital Private Equity-led consortium.
ICICI Venture set to part-exit India's KIMS via IPO
India’s ICICI Venture Funds Management will exit part of its stake in Krishna Institute of Medical Sciences (KIMS) in a planned domestic IPO.
Deal focus: GPs smile at emotive robots
Kaname Hayashi, development leader of SoftBank's Pepper, is working on his own line of emotive robots. Few details have been disclosed but investors were happy enough to commit $57 million in funding
China autos: Wheeling and dealing
A nascent, fragmented and digitally savvy industry of traditional car services is set for expansion as China’s booming car market matures. Private equity investors are piling in enthusiastically
Q&A: Bain Capital's Stephen Pagliuca
Stephen Pagliuca, co-chairman of Bain Capital, on carving out Toshiba’s flash memory business, rising valuations, and how functional and sector expertise will define the PE firms of the future
Chinese travel platform Mafengwo secures $133m Series D
Chinese travel services platform Mafengwo has raised $133 million Series D round from new investors including Ocean Link, General Atlantic, Temasek Holdings, Yuantai Investment, and Hopu Investment.
Warburg Pincus invests $350m in India's Bharti Telemedia
Warburg Pincus has invested $350 million in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel.
Australia's Allegro closes Fund III at $218m hard cap
Australia-based turnaround investor Allegro Funds has reached a final close on its third fund at the hard cap of A$290 million ($218 million) as well as raising A$92 million for a sidecar vehicle.