Region
Creador in Repco Home Finance withdrawal
The growth of India's non-banking finance companies (NBFCs) - institutions that offer banking services without meeting the definition of a bank - is well-documented. According to the Reserve Bank of India (RBI), the share of NBFC's assets as a proportion...
NRI investors sue ICICI Venture for damages
ICICI Venture is being sued by a group of 69 non-resident Indian investors who are seeking $103 million in damages from over alleged losses from a property fund run by the GP.
SoftBank bets big on Indonesia e-commerce
Softbank's first investment in Alibaba Group came 14 years ago. The initial $20 million was followed by around $80 million more, and by the time of Chinese e-commerce giant's IPO earlier this year, the Japanese tech firm held a 32.4% stake. This holding...
Alea Consulting opens Mumbai office
India-headquartered risk management advisory Alea Consulting has opened a new office in Mumbai, its third in the country.
Mobile payments: Breaking down barriers
Driven by strong demand from consumers underserved by traditional payment channels, VC and strategic investors are increasingly active in Southeast Asia mobile payment. It is too early to identify winners.
Infrastructure: Building partners
LPs are seeking to boost their exposure to Asian infrastructure through direct investment, either independently or alongside GPs. In a highly varied regional market, there is no one-size-fits-all approach
China's SOEs: Reform agenda?
Clearly nonplussed by the question, the GP's voice crept up an octave as he replied: "Of course we're bidding for Sinopec Marketing; everyone is. But I've no idea if we'll get it."
India's Adlabs Imagica raises $8m from NYLIM, Jacob Ballas
Indian theme park operator Adlabs Entertainment has raised INR500 million ($8.18 million) in a pre-IPO round of investment from NYLIM Jacob Ballas India, a vehicle co-owned by New York Life Insurance Company and Jacob Ballas Capital.
Canada's Cycle Capital to enter China cleantech market
Canada-based cleantech investor Cycle Capital Management (CCM) will help set up a venture capital fund in Qingdao as part of an investment partnership with the eastern China city.
Warburg Pincus raises $4b global energy fund
Warburg Pincus has closed its first dedicated energy fund at the hard cap of $4 billion, comfortably exceeding the $3 billion target.
China mobile marketing firm Lomark raises $30m
A group of VC investors – DFJ DragonFund, KPCB, ABC Capital and Shenzhen Fortune Venture Capital – have committed $30 million in Series B funding to Lomark, a Chinese mobile advertising firm.
China photo-sharing app Blink secures $20m round
Blink, a Chinese photo sharing and messaging mobile app, has raised $20 million in Series A funding from Tencent Holdings, Sequoia Capital, H Capital, ZhenFund and Innovation Works.
CDH VC, Pine invest in China cloud service provider Upyun
CDH Ventures and Pine Capital have provided a Series A round of funding for Upyun, a Chinese cloud services specialist.
Tamarisc leads Series A round for Australia's Serraview
Australian software-as-a-service (SaaS) start-up Serraview has raised a Series A round of funding from US-based venture capital firm Tamarisc as it looks to expand into US markets.
Orchid Asia invests in Chinese apparel maker La Chapelle
Orchid Asia has taken a minority stake in Shanghai La Chapelle, a PE-backed ladies apparel manufacturer that listed in Hong Kong last month, for HK$122 million ($16 million).
EIG invests $125m in Indian renewables player Greenko
EIG Global Energy Partners has invested $125 million in Greenko, an India-focused renewable energy developer that has previously received funding from the likes of GIC Private and TPG Capital.
CVC-backed Link Net cuts size of Indonesia share sale
Link Net, an Indonesian fixed-line broadband and cable TV operator in which CVC Capital Partners is an investor, has reduced the size of its planned share placement.
PE-backed Luye Pharma to take full ownership of Beijing Jialin
Luye Pharma Group, a PE-backed Chinese drug maker, has taken full ownership of its industry peer Beijing Jialin Pharmaceutical, acquiring a 42.02% interest from existing PE shareholders.
Vertex leads investment in China household services app
Vertex Venture, an investment unit of Temasek Holdings, has led a Series B round for Ayibang, a Chinese housekeeping service booking app, with participation from Shunwei Capital Partners and Ceyuan Ventures.
Creador ups Fund II to $330m with additional commitment
Creador has increased the size of it second fund to $330 million after receiving an additional LP commitment of $30 million.
Tencent, Tiger Global lead $350m round for China mobile shopping app
Koudai Gouwu, a Chinese mobile shopping portal, has raised a $350 million Series C round of funding led by Tencent Holdings and Tiger Global. H Capital, VY Capital and DST Advisors also participated.
Creador in 3x partial exit from India's Repco Home Finance
Creador has made a partial exit from India's Repco Home Finance (RHF), generating a 3x return on its original investment.
China sovereign fund chairman moves to CICC
Xuedong Ding, chairman and CEO of China Investment Corporation (CIC), has moved to investment bank China International Capital Corporation (CICC) as its new chairman.
Centerbridge leads $352m restructuring of Australia-listed miner
Centerbridge Partners will support a $352 million restructuring plan for Boart Longyear, an Australia Securities Exchange-listed mining services provider that has struggled as falling commodities prices prompt a scaling back in exploration.