Region
GGV leads $15m round for Southeast Asia taxi-booking app
GGV Capital has led a Series B round of funding worth more than $15 million for GrabTaxi, a Southeast Asia-focused taxi-booking mobile phone app.
Capital Today commits $7m to online game developer
China-focused investor Capital Today has participated in a $7 million round of funding for Thatgamecompany, a US online game developer.
Sequoia raises $530m for India fund
Sequoia Capital has raised $530 million for its fourth India-focused fund, which has an expanded remit to take in opportunities in Southeast Asia as well.
Sequoia leads $100m round for Korean e-commerce platform
South Korean e-commerce platform Coupang has raised a $100 million round of funding led by Sequoia Capital that is said to value the company at more than $1 billion.
Softbank invests in Chinese P2P site Edai
Softbank China Venture Capital (SBCVC) has committed a Series A round of funding for Chinese peer-to-peer lending (P2P) platform Edai.com.
3i exits auto parts firm to Chinese buyer, nets 2x return
3i has sold Hilite International, a German suppler of auto engine and transmission parts, to China's AVIC Electromechanical Systems for EUR473 million ($643.8 million), generating a 2.1x return.
China to ease curbs on foreign investment in hospitals
China is to relax limits on foreign investment in joint-venture (JV) hospitals as part of efforts to deepen its healthcare reform.
AIP Japan to launch $300m healthcare focused fund
Asia Investment Partners (AIP) Japan is launching its sixth healthcare-focused fund, which will specifically target the elderly care home segment.
Mobile app analytics firm App Annie raises $17m from VCs
Mobile app analytics platform App Annie has raised $17 million in new funding from existing investors IDG Capital Partners, Greycroft Partners and Sequoia Capital.
China's Alibaba to buy 10% stake in Singapore Post
Alibaba Group has agreed to buy a 10.35% stake in Singapore Post (SingPost) for S$312.5 million ($249 million), becoming the second-largest shareholder in the national postal service provider.
India's Piramal Capital merges PE and lending arms
Piramal Capital has merged its real estate private equity fund management business - Indiareit - and its real estate-focused non-banking financial company (NBFC).
PE-backed Café Coffee Day eyes $1b India IPO - report
Café Coffee Day - the Indian café chain backed by KKR, Standard Chartered Private Equity (SCPE)and New Silk Route Advisors (NSR) - is said to be considering an IPO next year.
Clearwater sells jack-up rig to Middle East buyer
Asia special situations investor Clearwater Capital Partners has sold a jack-up rig built in a Singapore shipyard to a drilling services partnership between the Saudi Arabian government and Schlumberger.
Accel-backed India medical advisory service bought by Ebix
Healthcare Magic, an India-based medical advisory service that won early backing from Accel Partners, has been acquired by NASDAQ-listed on-demand software and e-commerce services provider Ebix.
Hony completes $569m sell down of CSPC Pharma
Hony Capital has made a partial exit from Chinese generic drugs maker CSPC Pharmaceutical Group, generating HK$4.41 billion ($569 million).
KKR agrees $1.1b deal for Singapore's Goodpack
KKR has agreed to buy Goodpack, the world’s largest manufacturer of intermediate bulk containers (IBCs), for S$1.4 billion ($1.1 billion). It plans to delist the company from the Singapore exchange.
Charm Communications accepts CMC-backed buyout offer
Chinese advertising agency Charm Communications has accepted a take-private offer from a consortium backed by China Media Capital (CMC) that values the NASDAQ-listed company at around $180 million.
PEP exits Australia's Peters Ice Cream to UK's R&R
Pacific Equity Partners (PEP) has exited Australia's Peters Ice Cream to PE-backed UK ice cream company R&R.
Japan Industrial Solutions invests $98m in Unitika
Turnaround specialist Japan Industrial Solutions (JIS) has agreed to acquire a stake in listed textiles manufacturer Unitika for JPY10 billion ($98 million).
SIG commits $20m to China discount site 51Fanli
SIG China has committed $20 million in a Series B round of funding to 51Fanli, a Shanghai-based online discount aggregation site.
LP interview: Canada Pension Plan Investment Board
Canadian Pension Plan Investment Board has established a sizeable presence in Asia and is making ever larger commitments to GPs in the region. But Mark Machin, the fund’s Asia president, says it is still early days
Apax benefits from Bright Food's ambition
Apax Partners' 6x return on its investment in Israel-based Tnuva Food Industries has been hard earned.
Aion makes India breakthrough
The decisive victory recorded by new Prime Minister Narendra Modi in India’s general election has removed a lingering element of uncertainty regarding economic and foreign investment policy, but it cannot save companies from their past misdeeds.
China's OTC market: The shortcut
JD Capital has become the first Chinese private equity firm to list on the country’s over-the-counter platform. Is the New Third Board a viable exit option – for GPs or for portfolio companies?