Regions
Deal focus: CXA flexes health muscles
Singapore's CXA raises $25 million in Series B funding to build out its benefits model that helps both companies and employees fight their healthcare battles more efficiently
VCs commit $60m to US VR firm for Asia push
Several Asian VC investors have joined a $60 million Series D round for US-based virtual reality (VR) and digital cinematography technology developer Lytro to support its expansion into Asia.
NLVC leads $18m round for China clothing rental site
Northern Light Venture Capital (NLVC) has led an $18 million Series A round of funding for Ms. Paris, a Chinese online fashion rental company.
Moelis leads Series B for Australia's Rokt
Rokt, an Australia-based start-up that provides digital marketing services to e-commerce companies, has received a $15 million Series B round of funding led by Moelis Australia Asset Management.
Singapore's mClinica raises $6.3m Series A round
US-based venture capital firm Unitus Impact has led a $6.5 million Series A funding round for Singaporean healthcare technology start-up mClinica.
Blackstone's India co-head leaves to run own firm
Matthew Cyriac (pictured), co-head of The Blackstone Group’s India private equity team, has left the firm to run his own asset management business.
Impact investors and Asian banks: Developing interest
Despite the rise of non-banking finance companies, traditional banks in emerging markets still appeal to impact investors. Using them to their potential means adapting to each market
Fund focus: Asian LPs back AGIC’s cross-border proposal
AGIC Capital is targeting up to three more deals in 2017 as its debut Asia-Europe fund closes at $1 billion, having received strong support from Asian LPs
HG Capital invests $23m in Chinese CRO firm
Chinese private equity firm HG Capital has led a RMB160 million ($23 million) round of funding for Beijing Nuokangda Pharmaceutical Technology, a contract research organization (CRO).
IFC proposes $15m investment in India's Clean Max
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $15 million to Indian solar power company Clean Max Enviro Energy Solutions.
India's PE-backed ReNew raises $200m from Japan strategic
Indian PE-backed renewable energy producer ReNew Power Ventures has raised $200 million from Japanese energy producer JERA.
Softbank to buy US-listed Fortress for $3.3b
SoftBank Group has agreed to acquire Fortress Investment Group – which manages $36.7 billion in alternatives – for approximately $3.3 billion in cash. It puts the Japanese company on course to become one of the world’s largest asset managers.
China’s CMC Capital invests in Formula E
A consortium led by Chinese media-focused private equity firm CMC Capital Partners has acquired a stake in Formula E Holdings, the official promoter of the electric cars racing series FIA Formula E Championship.
Asia value creation: Internal repairs
Private equity investors in Asia are responding to an increasingly competitive deal-sourcing environment with a stronger focus on value-add, but successful implementation will require a cultural commitment
Fund focus: CITIC rides the Japan wave
CITIC Capital raises $268 million for third Japan fund, benefiting from an upturn in investor sentiment that should prove to be a boon for Japanese GPs in general
Deal focus: Trax offers brands a valuable close-up
Trax Image Recognition closes in on a $250 million valuation as Investec Bank backs the Singapore's start-up's solution for giving brands a clearer picture on what shelf positioning means for sales
Azerbaijan fund commits $100m to e-Shang Redwood's Japan vehicle
Azerbaijan’s state oil fund (SOFAZ) has agreed to invest $100 million in a Japan-focused logistics vehicle being raised by e-Shang Redwood (ESR), a pan-Asian logistics services company that has a string of private equity backers.
China logistics data firm G7 raises $45m from CDB, GLP
G7, a Chinese manufacturer of smart devices for use in the logistics sector, has raised $45 million from China Development Bank Capital (CDB Capital) and Singapore-listed warehouse operator Global Logistic Properties (GLP).
Blume Ventures forms alliance with Draper Venture Network
Draper Venture Network (DVN), a global alliance of VC investors formed by US-based Tim Draper (pictured), has chosen early-stage GP Blume Ventures as its member for India.
Goldman Sachs, TPG back Asia data center player
Goldman Sachs and TPG Capital have led a A$400 million ($306 million) round of funding for AirTrunk, a Singapore-based data center provider that is currently developing facilities in Australia and has plans to expand region-wide.
NZ hologram tech player receives $27m Series B round
Time Warner Investments has led a group of investors, including China’s Baidu Ventures, in a $27 million Series B funding round for New Zealand-based holographic technology company 8i.
Vertex leads $7.5m Series A for India's Flutura
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has led a $7.5 million investment in Flutura Business Solutions, an Indian data services provider that uses internet-of-things (IoT) technology.
Q&A: True North’s Vishal Nevatia
India Value Fund Advisors (IVFA) recently changed its name to True North and restructured its investment team along sector lines. Vishal Nevatia, the firm’s managing partner, explains why
VIG reaches $600m final close on third Korea fund
VIG Partners has closed its third Korea-focused fund at $600 million, with support from new and existing investors including Korea’s National Pension Service (NPS).