Region
Indian P2P rental property listings site NoBroker raises $3m
SAIF Partners and Fulcrum Ventures have taken part in a $3 million Series A round of funding for NoBroker, a Bangalore-based peer-to-peer (P2P) property listings site for renting homes.
TPG, Northstar make another part exit from Indonesia's BTPN
TPG Capital and Northstar Pacific Partners have made another partial exit from Indonesian lender Bank Tabungan Pensiunan Nasional (BTPN), selling a 17.5% stake to Japan's Sumitomo Corp. for IDR5.93 trillion ($461.8 million)
Chinese K12 education site 17zuoye raises $100m
H Capital has led a $100 million Series D round of funding for 17zuoye.com, a Chinese K-12 online learning and teaching platform. Singapore’s Temasek Holdings, DST Advisors and Shunwei Capital Partners, also took part in the round.
NXP forms Chinese semiconductor JV with JAC Capital
NXP Semiconductors, a Dutch chip manufacturer listed in the US, has announced it plans to form a Chinese joint venture with state-owned private equity firm JianGuang Asset Management (JAC Capital).
Helion leads $5m round for Indian shopping app
Indian fashion discovery and shopping app Wooplr has managed to raise $5 million in a Series A round of funding led by Helion Venture Partners.
Malaysia's CMS Opus PE exits TriSystems Engineering
Malaysia’s CMS Opus Private Equity has completed a full exit from TriSystems Engineering, a domestic engineering firm which focuses on the oil and gas sector,for MYR22 million ($6 million).
Shunwei closes first RMB fund at $160m
Shunwei Capital Partners, a Chinese VC firm set up by Lei Jun, a founder of mobile phone maker Xiaomi, has closed its first renminbi-denominated fund at RMB1 billion ($160 million).
US accelerator 500 Startups launches $10m Thai fund
Silicon Valley-based accelerator and early stage investor 500 Startups is understood to be launching a new $10 million micro-fund for Thailand.
VCs invest $34m in Japan online printing start-up
Japanese online printing service Raksul has managed to raise JPY4 billion ($33.7 million) from a slew of local venture capital investors.
China manicure service app raises $50m Series C from VCs
Helijia, a Chinese mobile app for booking manicure appointments, has raised a $50 million Series C round of funding from several venture capital investors, valuing the start-up at approximately $300 million.
Australia buyouts: Downsizing
Bain Capital has completed two buyouts in Australia in the last five years. The first was a classic large-scale affair as accounting software firm MYOB was acquired from Archer Capital and HarbourVest Partners for around $1 billion in 2011. Three years...
Australia mid-market: Squeezed middle
Several Australian superannuation funds are eschewing commitments to smaller domestic GPs because they have to deploy a larger quantum of capital. If more follow suit, what does it mean for the middle market?
LP Interview: SunSuper's Michael Weaver and HOSTPLUS' Neil Stanford
Michael Weaver, private markets manager at SunSuper, and Neil Stanford, investment manager for private equity at HOSTPLUS, discuss portfolio composition and performance.
Australia mining: Panning the value stream
In the midst of the commodities downturn GPs are still finding deals in mining services, although volatility can play havoc with execution. Better value might be found upstream, if you know where to look
Q&A: Pacific Equity Partners' Simon Pillar
Simon Pillar, managing director at Pacific Equity Partners (PEP), on the prospects for buyouts in Australia, selling assets to strategic buyers in Asia, and evolving LP attitudes towards co-investment.
Australia VC: Policy permutations
Plans to reinstate tax breaks for Australian start-ups that issue share options to staff rather than pay sizeable salaries has cheered VC investors. They are generally positive about the government role in fostering innovation
Vogo to exit South Korea's Tong Yang Life to China insurer in $1b deal
South Korean GP Vogo Investment is exiting its majority stake in Tong Yang Life Insurance to China's Anbang Insurance Group in a KRW1.13 trillion ($998 million) deal.
China's $40b Silk Road infrastructure fund goes to work
China has started operating its $40 billion Silk Road infrastructure fund targeting businesses in neighboring countries and regions.
Tiger Global leads $4m Series A round for India news app
Tiger Global has led a $4 million Series A round investment in India's News In Shorts (NIS), a mobile-based service that aggregates shortened news stories.
Israeli Rainbow Medical raises $25m from Chinese investors
Rainbow Medical, an Israeli medical investment firm, has raised $25 million from a group of Chinese investors including Ping An Insurance and telecom giant ZTE Corporation,financial company Yongjin Group and undisclosed Chinese venture capital funds....
Japan's SBI, Thailand's Finansia form SE Asia PE venture
Japan's SBI Holdings and Thai financial group Finansia has together set up SBI Finansa Private Equity Partners to target investment opportunities in Southeast Asia.
Bain Capital agrees to pay $421m for Japan hot spring chain
Bain Captial has agreed to buy Japanese hotel and spa operator Ooedo-Onsen Holdings for JPY50 billion ($421 million), including debt.
China's two largest VC-backed taxi-booking apps to merge
Didi Dache and Kuaidi Dache, China's two largest venture capital-backed taxi-booking app start-ups, are planning to merge to create one of the largest companies of its kind in the world.
Unison to exit Japan wine retailer Enoteca to Asahi
Japanese mid-market GP Unison Capital has agreed to exit wine retailer Enoteca to brewing giant Asahi Group. The terms of the deal were not disclosed.