Regions
ChrysCapital invests $8.4m in South Indian Bank
ChrysCapital Partners has paid INR527.8 million (about $8.4 million) for a stake in listed lender South Indian Bank (SIB).
CDH invests in Southeast Asia equipment leasing business
CDH Investments has committed an undisclosed sum to Aver Asia Corporation, a Southeast Asia-based equipment leasing business. It is the latest in a clutch of deals the China-based GP has secured outside of its home market.
Vivo closes latest Sino-US healthcare fund at $750m
US-based Vivo Capital has closed its eighth fund at $750 million. It will invest in healthcare companies in the US and China.
Taiwan incubator AppWorks raises $50m start-up fund
AppWorks, a Taiwanese incubator, has raised NT$1.5 billion ($50 million) for a new fund to support domestic internet start-ups.
INCJ invests in Japan laser manufacturer Spectronix
The government-backed Innovation Network Corporation of Japan (INCJ) has agreed to invest up to JPY500 million ($4.2 million) in laser manufacturer Spectronix.
Sequoia supports Noah’s online China financial platform
Sequoia Capital has invested in Shanghai Noah Yijie Financial Tech, an internet finance subsidiary owned by Noah Holdings. The investment amounts to multi-millions of dollars.
Hahn & Co-backed Cowell e Holdings targets $153m offering
South Korea-focused GP Hahn & Co. is set to make a partial exit from electronics manufacturer Cowell e Holdings as the company seeks to raise up to HK$1.19 billion ($153 million) through its Hong Kong IPO.
VC-backed Snapdeal buys stake in logistics platform
Jasper Infotech, the VC-backed enterprise behind Indian online marketplace Snapdeal, has bought a 20% stake in QuickDel Logistics, operator of e-commerce logistics platform Gojavas.
Kedaara invests $32m in Indian packaging firm
Kedaara Capital has invested INR2 billion ($31.8 million) in India's Parkson Packaging - a maker of printing and laminated packaging cartons backed by ChrysCapital - in return for an undisclosed stake.
Creador commits $24m to Indonesia's Bank Index
Creador Capital has paid IDR290 billion ($24 million) for a 20% stake in Indonesian lender Bank Index Selindo.
China’s Sailing makes partial exit from Israel-based Mobileye
China’s Sailing Capital has raised $77.5 million by selling a portion of its shares in Mobileye, an Israel-based road accident avoidance technology developer that went public in the US in August last year.
HK’s Nest appoints ex-Intel executive to set up accelerator franchise
Hong Kong-based seed investor Nest has appointed Peter Dingle, formerly of Intel Corporation, to lead its newly-established Branded Accelerators program.
Elixir Capital backs Indonesian recycling firm
Elixir Capital has agreed to invest $4.5 million in Indonesian recycling company Bintang Makmur, through its ECM Straits Fund.
KKR joins $170m round for China used car trading platform
KKR has teamed up with search giant Baidu and US-based hedge fund sponsor Coatue to invest $170 million in Uxin, a Chinese online used car auction company best known for B2B platform Youxinpai.
Australia's VentureCrowd partners with Sydney Angels
VentureCrowd - an Australian equity crowdfunding platform - has formed a partnership with angel investor group Sydney Angels in order to allow start-ups to tap new sources of capital.
Indonesia private debt: Belt and braces
There is money to be made providing debt-based solutions to growing Indonesian companies that struggle to get financing from other sources. But enter uninformed or unprotected at your peril
Indonesia middle market: Slow-burn story
Indonesia’s middle market is a proxy for the robust services sector, but it is difficult for investors to penetrate and deal flow has been slow in recent years. Are we are about to see more?
Indonesia start-ups: Growth inflection
Indonesia has relatively incubators, angels and entrepreneurs with businesses of investible quality. Does the recent large investment in Tokopedia suggest the start-up ecosystem is now coming of age?
Indonesia reforms: The waiting game
Indonesia’s new president is still carrying goodwill from the investment community and has made some reassuring moves. Now investors are waiting to see if the new direction will pay off
Q&A: Tokopedia's William Tanuwijaya
Despite initial local skepticism and competition from global rivals, Tokopedia has become Indonesia’s leading online marketplace, securing $100 million from SoftBank and Sequoia Capital last year. CEO William Tanuwijaya charts the journey
Indonesia: Unrealistic expectations?
The strong fundamentals that saw Indonesia propelled into the upper echelons of private equity – by words, if not deeds – as a counterpoint to China and India are largely unchanged.
India Value Fund commits $50m to taxi firm Meru
India Value Fund Advisors (IVFA) has injected a fresh $50 million in radio taxi service Meru Cab, and is understood to be in talks to invest an additional $100 million in the next two months.
China's CICC appoints ex-Hopu partner as CEO
China International Capital Corporation (CICC) has appointed Mingjian Bi, formerly investment banking chief in CICC and a partner at Hopu Investment Management, as its new CEO.
China’s Cheetah Mobile buys VC-backed mobile ad network
Cheetah Mobile, a US-listed Chinese internet security software provider backed by Matrix Partners and Tencent Holdings, has purchased VC-backed mobile ad network MobPartner for $58 million.