Region
Softbank's Nikesh Arora commits $482 million to the firm
Softbank President and COO Nikesh Arora has invested JPY60 billion ($482 million) in the firm in a personal stock market transaction.
Yunfeng leads Series C round for China's logistic app Yunmanman
Yunfeng Capital has led a Series C round of funding for Yunmanman, a Shanghai-based mobile logistic distribution platform. Existing investors Sequoia Capital and Lightspeed China Partners also participated.
Tata Opportunities Fund invests in Uber
Tata Capital will make a significant investment in ride-hailing service Uber through its Tata Opportunities Fund (TOF).
TPG's Ben Gray to start his own PE firm
Ben Gray, managing partner at TPG Capital, is preparing to set up his own private equity firm focused on investment opportunities in Australia.
Singapore online grocer RedMart raises $26.7m
Singapore-based online grocery marketplace RedMart has raised $26.7 million in a bridge round from existing investors Garena Online, Softbank Ventures Korea and US-based Visionnaire Ventures.
Kerogen to invest $100m in North Sea gas developer
Kerogen Capital, a Hong Kong-headquartered energy investor, has committed up to $100 million to Zennor Petroleum, an exploration and production (E&P) company that focuses on the UK’s North Sea area.
Fund focus: Lightspeed gets traction in India
In 2010, Lightspeed Venture Partners concluded that it could more effectively tap China’s burgeoning technology space with a dedicated country fund. A China vehicle was duly launched and reached a final close in 2013 at $168 million.
China agriculture: Seeds of hope
Fragmentation and inefficiency have hampered Chinese agriculture for years, but a combination of policy reform and consumer demand may allow the sector to unlock its potential. Does private equity have the key?
Deal focus: Blume targets e-commerce's back-end
Asian e-commerce companies are having a hard time living up to their billing. Orders may come in at the speed of light, but deliveries come from warehouses that largely still dependent on relatively slow human labor.
Softbank, Foxconn, Alibaba lead $500m round for Snapdeal
SoftBank Group, Foxconn Technology Group and Alibaba Group have led a $500 million investment in Indian online marketplace Snapdeal.
IDG, JD in $174m round for Shanghai Pharma's e-commerce unit
Chinese online retailer JD.com and IDG Capital Partners have participated in a RMB1.11 billion ($174 million) Series A round of funding for Shanghai Pharmaceuticals’ online drug distribution platform.
India's IIFL to raise $153 million VC fund
IIFL Wealth Management, the Indian financial services firm backed by Fairfax Holdings and the Carlyle Group, will raise a seed venture fund of up to INR10 billion ($153 million).
Tiger invests $15m in Indian fashion site Roposo
Tiger Global has invested $15 million in Indian fashion-oriented social network Roposo.
PE-backed La Chapelle, Legend Capital launch PE fund
Hong Kong-listed Shanghai La Chapelle Fashion, a ladies' apparel maker backed by a string of PE investors, has partnered with Legend Capital to set up a PE fund worth RMB153 million ($24 million).
Sequoia, CBC back Airbnb to expand in China
Airbnb, an online vacation home rental marketplace based in San Francisco, has forged a partnership with China Broadband Capital (CBC) and Sequoia China to expand into the Chinese market.
Deal focus: CITIC Capital gears up global strategy
When CITIC Capital and Crestview Partners bought Canadian auto parts supplier Stackpole International for $512 million in 2013, they had little suspicion that they would be exiting less than two years later. But they did feel that Stackpole’s variable-speed...
Profile: BPI's Dennis Montecillo
After 15 years spent advising PE firms in Asia, Dennis Montecillo has returned to his native country as executive vice president with the Bank of the Philippine Islands (BPI). The timing could not be better
China distress: After the boom
China’s slowing growth has created a wave of corporate defaults, and these bad debts should be put up for sale. Not all foreign investors are ready to jump in, though, conscious of the difficulties in extracting value
Chinese event venues search portal raises $20m
HotelGG.com, a Chinese online booking platform for event venues, has raised $20 million in a Series B round of funding from existing investors including Matrix China Partners, Chengwei Ventures and SIG China.
Goldman Sachs invests $150m in India's Piramal Realty
Goldman Sachs has invested $150 million in the Piramal Group's real estate development arm, Piramal Realty, less than a month after Warburg Pincus committed INR18 billion ($284 million) to the company.
Religare reaches final close of $78m on first debt fund
Religare Credit Advisors has announced a final close of the domestic vehicle of its first debt fund, Religare Credit Opportunities Fund, at INR5.1 billion ($78 million).
Kalaari leads funding round for YourStory
Indian tech business news website YourStory has raised a Series A round led by Kalaari Capital, with participation from Qualcomm Ventures, Ratan Tata and T.V. Mohandas Pai.
Warburg's Chang Sun targets $1b China agribusiness fund
Black Soil Capital Partners, a private equity firm newly formed by Chang Sun, formerly Asia managing director at Warburg Pincus, is looking to raise $1 billion for its debut China agriculture-focused fund.
China cancer diagnostics firm Burning Rock raises $23m
Burning Rock Biotech, a Chinese cancer diagnostic start-up, has raised RMB150 million ($23 million) in an extended Series A round of funding from Ji Feng Capital, Sequoia Capital and Legend Star.