Region
Tata Capital to buy minority stake in Standard Greases
India's Tata Capital is to acquire a 17.36% stake in Mumbai-based Standard Greases & Specialities for an undisclosed sum.
Tencent to up stake in PE-backed China South City
Tencent Holdings will pay HK$822.5 million ($106 million) to increase its stake in China South City Holdings, a logistics center operator that counts PAG among its investors, to 11.55%.
Canaan's Khanna to launch India venture debt fund
Canaan Partners Managing Director Rahul Khanna is to launch a INR3 billion ($49 million) debt fund aimed at supporting early-stage and established technology ventures in India.
Lightspeed leads $10m round for China P2P car-sharing site uuzuche
Lightspeed China Partners has led a $10 million Series A round of funding for uuzuche.com, a Chinese peer-to-peer (P2P) car-sharing platform.
KKR restructures Asia leadership team
David Liu and Ming Lu have been appointed co-heads of Asia private equity at KKR as several members of the firm’s leadership team across the region assume additional responsibilities. Joe Bae remains head of KKR Asia and chairman of the regional investment...
Standard Chartered PE backs garlic-themed restaurant in Korea
Standard Chartered Private Equity (SCPE) has led a $48 million joint investment in Mad for Garlic, a Korea-based Italian restaurant chain that has expanded into Southeast Asia.
Profile: Advantage Partners' Richard Folsom
For the past 30 years Advantage Partners co-founder Richard Folsom has enjoyed a front-row seat on the inner workings Japan's corporate world - here he shares his insights.
China food-ordering platforms: Stand and deliver
Competition is increasing in China's online food delivery market as VC investors back start-ups looking to achieve scale ahead of expected consolidation. How asset-heavy should the business model be?
Morningside bets on social network
"We currently have a large position in Apple. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come." This 24-word Tweet, comprising just 111 characters, managed to push up Apple's value by $12 billion in less than...
Blackstone pins down China's Xinrong
Driven by an aging population, increasing health awareness and a rising middle class, China's medical device market is growing at a rapid pace. A recent report by the Hong Kong Medical and Healthcare Device Industries Association reveals that since 2000...
Southeast Asia e-commerce: Logistics logjam
Southeast Asia is expected to see rapid growth in e-commerce over the next five years. But are there enough competent logistics providers to deliver the goods in a timely and cost-effective fashion?
Second hand, first place
Manheim, the world's largest automobile auction provider, was a project more than 30 years in the making. The company facilitates sales of used cars worth $46 billion annually, dominating a US market that trades 40 million vehicles a year.
What now, Alibaba?
Chinese online furniture retailer Meilele started out life as a store within Taobao, Alibaba Group's C2C e-commerce platform in 2008. The company's transactions ran through the Taobao platform, with online payment service Alipay collecting monies owed....
Sinarmas supports Ardent Capital's Southeast Asia expansion
Southeast Asia-focused e-commerce investor Ardent Capital has received $12.5 million in funding led by Indonesian conglomerate Sinarmas. Existing backers also participated.
Blackstone in China orthopedics play
The Blackstone Group has picked up a significant stake in Chinese medical devices company Xinrong Best Medical Instrument. Financial details were not disclosed but the deal is understood to be worth around $100 million.
Legend leads $50m round for China online finance site Tongbanjie
Legend Capital has led a $50 million Series B round of funding for Tongbanjie, a Chinese online finance mobile app, with participation from existing investors IDG Capital Partners and China Growth Capital.
Matrix invests in India's Red Monster
Matrix Partners India has invested an undisclosed sum in mobile game developer Red Monster Games.
India local-language media start-up gets $16m from VCs
Sequoia Capital has led a INR1 billion ($16.4 million) round of funding for Verse Innovation, owner and operator of India-based local-language mobile platform NewsHunt.
Altos Ventures reaches $60m close on South Korea fund
Silicon Valley-based venture capital firm Altos Ventures has reached a final close on its debut South Korea-focused fund at a hard cap of $60 million after eight months in the market.
Alibaba shares surge 38% on US trading debut
Shares in Alibaba Group soared 38.07% in their first day of trading on August 19, following a $21.8 billion IPO on the New York Stock Exchange (NYSE).
Qiming commits $10m to China car rental platform Zuzuche
Qiming Venture Partners has invested $10 million in a Series A round of funding for Zuzuche.com, a Chinese third-party car rental platform.
Global Environment Fund backs India's Shakti Pumps
Global Environment Fund (GEF) has agreed to invest INR450 million ($7.4 million) in Indian submersible water pump manufacturer Shakti Pumps.
Archer seeks Asian partner to boost Brownes Dairy – report
Archer Capital is said to be seeking an Asian partner to invest in Brownes Dairy and help the milk producer market its products overseas, particularly in China.
China's JD Capital offers student credit loans
China JD Capital, also known as Jiuding Capital, has set up a new fund to provide individual loans for Chinese university students.