Regions
Jungle Ventures, Spring Seeds back big data start-up
Jungle Ventures has led a S$1.5 million ($1.2 million) round of funding for Crayong Data, a Singapore-based big data start-up, with participation from Spring Seeds Capital.
Goldman, Mitsui invest in India's Global Beverages & Foods
Goldman Sachs, Mitsui Global Investment (MGI) and a number of other unnamed investors are paying INR3.15billion ($50.4 million) for a undisclosed stake in Global Beverages and Foods (GBF).
Fosun Venture leads Series B round for Kmsocial
Fosun Venture Capital Investment has led a Series B round of funding for Kongming, a Beijing-based social media marketing solutions provider, with participation from previous investor Fidelity Growth Partners Asia. The investment size is about $10 million.
CITIC PE considers Biosensors acquisition – update
CITIC Private Equity has held talks about potentially increasing its stake in Singapore-listed portfolio company Biosensors International, the medical device maker said on Wednesday.
Japan's education app Smart Education raises $5.4m
CyberAgent Ventures and Infinity Venture Partners have invested JPY550 million ($5.4 million) in Smart Education, a Tokyo-based developer of educational mobile apps for kids.
Mayfield closes second India fund at $108m
Early-stage investor Mayfield has reached a final close of $108 million its second India-focused venture fund.
Intel invests in three China cloud, big data firms
Intel Capital, the corporate investment arm of the US chipmaker Intel Corp, has invested in three Chinese tech start-ups: big data firm Shanghai Yeapoo Information Technology; cloud storage provider Tianjin Zhongke BlueWhale Information Technology; and...
CITIC PE to buy medical devices firm Biosensors - report
CITIC Private Equity is said to be looking to buy full control of its Singapore-listed portfolio company Biosensors International, a medical device maker.
Baring Asia-owned Nord Anglia files for $300m IPO
Nord Anglia Education, a Hong Kong-based school operator with a presence in Asia, the Middle East, Europe and North America, has filed to raise up to $300 million through a US IPO. The company has been majority-owned by Baring Private Equity Asia since...
Horizon Ventures leads $23m round for Hampton Creek Food
Hong Kong billionaire Li Ka-Shing’s Horizon Ventures has led a $23 million Series B financing round for Hampton Creek, a US-based food technology firm.
Hopu participates in $2.5b China warehouse investment
Hopu Investment Management is part of a consortium that has agreed to invest $2.5 billion in Global Logistic Properties (GLP), a Singapore-listed warehouse operator with interests in China, Japan and Brazil.
Spain's Telefonica signs up Chinese incubator
Wayra, Spanish telecom giant Telefonica’s accelerator initiative, has signed an agreement with Virtue Inno Valley (VIV), an incubator program backed by China’s Tsinghua University.
Superangel swoops in to support Vancl
Chinese smart phone maker Xiaomi is a smash hit, valued at $10 billion in its most recent round of funding. Lei Jun, the company’s founder, is riding high. In contrast, Chen Nian (pictured), who set up online clothing retailer Vancl six years ago, is...
Jack Ma returns to school
Jack Ma was an English teacher at Hangzhou Dianzi University before he went on to found Alibaba Group. Now he has returned to the education sector to support the next generation.
Adveq buys into Australia’s king of crops
The term "real assets" doesn't generally conjure up images of almonds. And these assets aren’t widely available. California, Spain and Australia account for around 80% of a global almond market set to be worth $5 billion in 2013.
Singapore vs. Hong Kong: Shifting sands
Fund administrators are seeing increased demand from GPs for back office services in Singapore. Hong Kong isn’t the definitive loser, but the territory’s lack of tax and regulatory certainty for PE is a factor
Of the same mind
So now we know, or at least we are in a position to make an informed guess: Alibaba Group is worth $127.6 billion. Others would puts its value at north of $150 billion, but that’s not the point. More interesting is the process that led to this estimate...
ClearVue Partners closes $262m China consumer fund
ClearVue Partners has closed its first fund, ClearVue Partners Fund I, at $262 million. It has exceeded the original target of $200 million.
Fosun invests $35m in Malaysian restaurant chain
Fosun Group, China’s largest privately-owned conglomerate, has committed RMB210.5 million ($35 million) to Malaysia’s Secret Recipe, becoming the second-largest shareholder in the restaurant chain.
Investors eye Australian engineering carve-out
Australia-listed engineering firm UGL is weighing offers for its property service unit DTZ, just over two years after it bought the UK business from administrators in a GBP77.5 million (A$129.5 million) deal.
Israeli crowdfunding platform launches in Australia
OurCrowd, an Israeli equity crowd-funding platform set up by serial entrepreneur Jon Medved, has established operations in Australia.
Sequoia leads Series B for China home renovation site to8to
Sequoia Capital has led a Series B round of funding for to8to, a Chinese online renovation site, with participation from existing investor Matrix Partners.
TPG, Fosun set for $369m China healthcare take-private
TPG Capital and Fosun Industrial have teamed up with the CEO of Chinese healthcare provider Chindex International have won board approval to privatize the NASDAQ-listed company. The deal values Chindex at approximately $369 million.
India's IFCI to set up $32m social venture fund
Industrial Finance Corporation of India (IFCI), the country’s oldest development finance institution, has received a government mandate to set up a venture capital fund that will support economically disadvantaged groups.