Region
Australia's CEFC, Southern Cross Venture back GreenSync
GreenSync, an Australian company that has developed smart software for use in electricity grids, has raised A$11.5 million ($8.7 million) in Series B funding from Clean Energy Finance Corporation (CEFC) and Southern Cross Venture Partners.
CapitalG leads $15m round for India's Cuemath
CapitalG, the investment arm of Google parent company Alphabet, formerly known as Google Capital, has led a $15 million Series B round for Indian math learning start-up Cuemath.
Australian analytics start-up Local Measure raises $3.4m
Local Measure, an Australian analytics technology provider servicing the tourism industry, has raised $3.4 million for an expansion effort that will include opening new offices in Los Angeles and Dubai.
Taiwan's Foxconn invests in PE-backed Mobike
Taiwan-based Foxconn Technology Group has made a strategic investment in Mobike, a Chinese bike rental service start-up backed by several PE investors including Warburg Pincus.
IMJ, Opt invest $4.4m in Japan's Enechange
Enechange, which manages an energy price comparison site aimed at Japanese customers, has raised JPY500 million ($4.4 million) from Opt Ventures and IMJ Investment Partners.
LP interview: The Dietrich Foundation
The Dietrich Foundation has an unusually large allocation to PE and VC, and to China venture capital in particular. CIO Edward J. Grefenstette discusses the considerations that underpin this exposure
China launches $15b internet investment fund
China’s Ministry of Finance and the Cyberspace Administration of China (CAC) - the country's internet oversight agency - have launched an internet-related investment fund with a target of RMB100 billion ($15 billion).
IFC proposes $10m investment in India's Zinka Logistics
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
Pencarrow sells NZ beverage company to Dutch trade buyer
New Zealand’s Pencarrow Private Equity has sold 100% of domestic tea and coffee company BrewGroup to Jacobs Douwe Egberts (JDE), a Netherlands-based beverages group active in more than 100 countries.
China VCs lead $100m round for local education app Xueba
China Merchants Capital and Grand Fight Investment have co-led a $100 million Series C round of funding for Xueba, a Chinese education app that helps students understand homework exercises.
Australia SaaS start-up Deputy gets $25m from OpenView
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
China online grocery retailer Miss Fresh gets $100m Series C
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
Apax exits India's Cholamandalam
Apax Partners has completed its exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
Skadden hires Asia fund formation partner from Ropes
Skadden has appointed Geoffrey Chan, formerly head of the Asia private investment funds practice at Ropes & Gray, as partner and head of its Asia Pacific investment management practice.
PE-backed e-Shang Redwood buys Singapore industrial REIT
E-Shang Redwood (ESR), a pan-Asian logistics services company backed by Warburg Pincus, has moved into Southeast Asia with an agreement to buy 80% of Cambridge Industrial Trust (CIT), a Singapore real estate investment trust (REIT) with assets worth S$1.4...
Tokio Marine secures $363m second close on Japan fund
Tokio Marine Capital has reached a second close of JPY41.7 billion ($363 million) on its latest Japan mid-market fund. The full target is JPY50 billion.
IDFC to expand platform investments in Fund IV
IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group, plans to continue its strategy of building platforms with its fourth fund.
Saama in $57m final close on India VC fund
Saama Capital has closed its third India venture capital fund at $57 million, above the target of $50 million.
China VC-backed UrWork completes $58m Series B
China VC-backed UrWork, a co-working space provider for start-ups, has raised a RMB400 million ($58 million) Series B round of funding at a post-money valuation of about $1 billion.
500 Startups closes Thailand fund at $15.4m
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
China fundraising: Venture rising?
With the pace of fundraising picking up in China's venture capital industry, offshore LPs face challenges keeping up with the latest developments
Asia secondaries challenged by valuation complications
Valuations remain a key obstacle to securing secondary transactions in Asia, even as a generation of funds becomes a year older and still struggles to generate liquidity, but the market is also growing in complexity due to the nature of the assets on...
Fosun agrees strategic partnership with India's Iron Pillar
Chinese conglomerate Fosun International has entered a strategic partnership with Iron Pillar, an India-based VC firm focused on mid-stage technology companies, to make co-investments in India.
Warburg Pincus invests $120m in India's PVR
Warburg Pincus has invested INR8.2 billion ($120 million) for a 14% stake in Indian listed film and retail entertainment company PVR, providing a partial exit for Multiples Alternative Asset Management.