Regions
FTV Capital leads $56m round for Indian researcher
US venture investor FTV Capital has taken a minority stake in India-based industry research and consulting company MarketsandMarkets after leading a $56 million funding round.
Fund focus: Pioneer sees PE come of age in New Zealand
Pioneer Capital sees the closing of its third fund at the hard cap of $180 million as confirmation that private equity in New Zealand has become more mainstream
China’s state-backed SME fund leads round for Tianyancha
China’s National Small & Medium Enterprises Development Fund has led a RMB130 million ($18 million) Series A round for Tianyancha, a Beijing-based business data search firm.
Alibaba assumes control of VC-backed online ticket platform
Alibaba Group has taken full ownership of Damai.cn, a leading Chinese online ticketing platform that previously raised funding from VC investors.
Japan's Moneytree raises $9m Series B
Japan-based SBI investment has led a JPY1 billion ($9 million) Series B funding round for domestic financial technology services company Moneytree.
Italian PE unit backs Morrow Sodali's purchase of Australia's GPS
GPS, an Australia-based shareholder services and corporate governance consultancy, has been acquired by global counterpart Morrow Sodali in a deal supported by Italian government-controlled PE investment unit Simest.
Sands Capital leads $70m round for India's BlackBuck
Sands Capital has led a $70 million Series C round of funding for Indian business-to-business (B2B) logistics technology start-up BlackBuck.
VCs invest $75m in US-New Zealand aerospace player
US venture capital firms Data Collective and Promus Ventures have joined a number of existing investors in a $75 million Series D funding round for US and New Zealand-based aerospace company Rocket Lab.
IFC set to back India's Pi Ventures
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of $3 million to the artificial intelligence (AI)-focused debut fund of Indian VC investor Pi Ventures.
Deal focus: TPG makes surprise trade sale
Secrecy was paramount as TPG Capital abandoned plans to list Australia's Alinta Energy in favor of negotiating a $3.1 billion trade sale to Hong Kong-based Chow Tai Fook Enterprises
Portfolio: Eight Roads and China's DeltaHealth
Eight Roads decided to leverage the development of China’s healthcare sector by building a hospital, but addressing the various challenges that come with a greenfield strategy requires very patient capital
Due diligence: Behind the curve
Gaining an accurate impression of an industry is vital for investors, but this can be difficult in markets where information is patchy or unreliable. Those who hope to prosper must learn to judge data carefully
Australia's Square Peg raises $180m for debut VC fund
Square Peg Capital, an Australian venture capital firm set up by Paul Bassat, co-founder of job listings site Seek, has closed its debut fund at A$234 million ($180 million), exceeding the A$200 million target.
CMC, HG Capital lead $26m round for China’s Newrank
China-focused GPs CMC Capital Partners and HG Capital have jointly led a RMB180 million ($26 million) Series B round of funding for Newrank, a Shanghai-based media platform.
India's Flipkart raises $1b in downround – report
Indian e-commerce giant Flipkart has reportedly raised a $1 billion round of funding at a valuation of about $10 billion – a drop from $15 billion as of its previous round.
China travel sites Woqu, Lulutrip merge, raise $25m
Chinese outbound online travel platforms Woqu.com and Lulutrip – both of which have received several rounds of funding from VC and strategic investors – have agreed to merge. The combined entity has received $25 million in new funding.
Northstar completes Innovalues acquisition, targets bolt-ons
Northstar Group has completed its S$331.4 million ($238 million) acquisition of Singapore-listed precision components manufacturer Innovalues, outlining plans for bolt-on acquisitions.
Kubera Partners exits India's Planetcast
New York and Mumbai-based private equity firm Kubera Partners has agreed to sell its 28% stake in India’s Planetcast Media Services through a secondary transaction with an undisclosed PE buyer.
VIDEO: Mark Chiba, The Longreach Group
Mark Chiba, group chairman & partner of The Longreach Group, discusses mid-market buyouts in North Asia
Everstone, Mayfield, others part exit India's SLCM
Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Bank have part exited their stakes in Indian agricultural logistics and financing firm Sohan Lal Commodity Management (SLCM).
Chinese car-trading platform Mychebao gets $100m Series C
PAG Asia Capital has led a $100 million Series C round of funding for Mychebao.com, a Chinese online auction platform for second-hand cars.
SDIC Fund leads $40m Series B for Chinese drug developer
Suzhou Ribo Life Science, a Chinese drug developer that focuses on liver diseases, has raised a RMB270 million ($40 million) Series B round led by SDIC Fund Management.
Thailand's Bangkok Bank launches fintech accelerator
Bangkok Bank has launched a start-up accelerator to support financial technology development in Thailand. Hong Kong venture investor Nest will co-manage the program.
Chinese logistics robot developer Geek+ secures $14m
Chinese logistics and warehousing robotics developer Geek+ has raised a RMB100 million ($14 million) round of funding led by Vertex Ventures China.