Regions
Japan photo sharing app developer raises $1.5m
CyberAgent Ventures, TBS Innovation Partners, Incubate Fund, and Golden Gate Ventures have together invested JPY150 million ($1.47 million) in Cinnamon, the start-up behind the photo sharing app Seconds.
Cerberus completes Kokusai Kogyo exit - report
Cerberus Capital Management has reportedly completed the sale of its stake in Japanese property operator Kokusai Kogyo for about JPY140 million ($1.37 billion).
Premji Invest leads $50m round for India fashion site Myntra
Bangalore-based fashion portal Myntra Designs has raised $50 million from investors led by Premji Invest, an investment arm owned by Indian tycoon Azim Premji.
China-focused Infinity Group invests in US oil assets
Infinity Group, the Israel-based PE firm created by China Development Bank and local conglomerate IDB Group, has teamed up with oil technology firm Glori Energy to acquire oil-producing assets in Texas from Petro-Hunt for $40 million.
Sony agrees to sell Vaio PC unit to JIP
Sony has confirmed that it plans to sell its loss-making Vaio PC division to Tokyo-based mid-market buyout shop Japan Industrial Partners (JIP). Financial details have not been disclosed but previous estimates valued the deal at around JPY40-50 billion...
VCs commit $14.3m to Japan online printing start-up
A consortium of Japanese venture capital investors including Global Brain, World Innovation Lab (WiL), Itochu Technology Ventures and GMO Ventures have invested JPY1.45 billion ($14.3 million) in Raksul, a Tokyo-based start-up providing online printing...
Globis, Gree invest in Japan crowd-sourced editing platform
Globis Capital Partners and Gree Ventures have together invested JPY300 million ($2.9 million) in Viibar, the Japanese start-up behind the video production-focused crowd sourcing platform of the same name.
KKR provides $100m in structured finance to India’s Avantha
KKR has agreed to provide $100 million in long-term financing to Avantha Group in order to help the Indian conglomerate pay down debt and continue investing in its businesses. The capital will come from KKR India Financial Services, the private equity...
Navis raises $1.3b for seventh Asia fund
Navis Capital Partners will complete fundraising for its seventh Asia vehicle next week with up to $1.3 billion in commitments from LPs. Work will then begin on a shariah-compliant parallel fund, which is expected to close in June, taking the final total...
Fortisure leads Series C for Indian ad tech player
Jivox, an advertising technology company with operations in India and the US, has raised $5.8 million in Series C funding led by existing investor Fortisure Ventures. Shah Capital also participated, as did existing investors Opus Capital and Helion Venture...
BVCF invests in US-based Jaguar Animal Health
China-focused BVCF has committed $2 million in a Series A round of funding for Jaguar Animal Health, a veterinary drugs developer, with another $3 million to come by the end of the month.
Halifax-backed Envision Pharma acquires Australia's ProScribe
Envision Pharma Group, a scientific communication company backed by US-based private equity firm The Halifax Group, has acquired Australian medical writing firm ProSribe in a move to expand its Asian footprint.
CDC supports funding round for Indian e-commerce platform
CDC Group will contribute approximately $27.5 million to the latest round of funding for Jabong, a fashion and apparel-focused Indian e-commerce platform.
Jungle Ventures backs Singapore's Klinify
Klinify, a Singapore-based electronic medical records management service provider, has received S$770,000 ($604,000) in seed funding round led by Jungle Ventures.
Ex-Standard Chartered director joins BanyanTree Finance
Anshuman Goenka, formerly a director at Standard Chartered Private Equity (SCPE), has joined Mumbai-based private equity firm BanyanTree Finance as managing director.
WestBridge takes minority stake in Indian snack foods producer
WestBridge Capital Partners has acquired 24.9% of DFM Foods, a leading Indian snack foods manufacturer best known for Crax Corn Rings.
IDG, Ascent invest in India's Newgen, Headland exits
IDG Ventures India and Ascent Capital have acquired a minority stake in Newgen Software Technologies, a Dehli-based business management services provider, for INR1.1 billion ($17.6 million). The investment facilitates the exit of Headland Capital Partners.
JIP in talks to buy Sony’s PC business – report
Japan Industrial Partners (JIP) is said to be in talks with Sony Corp. over the tech conglomerate’s loss-making personal computer division. It would be one of the country’s highest-profile corporate divestments and part of a business reorientation...
VC-backed JD.com targets $1.5b US IPO
Chinese online retailer JD.com, which has received $1.7 billion in venture capital and private equity funding in the last two years, is seeking to raise up to $1.5 billion through a US IPO.
Pantheon hires Jie Gong from Morgan Stanley
Global fund-of-funds manager Pantheon has appointed Jie Gong, formerly of Morgan Stanley Alternative Investment Partners, as a Hong Kong-based partner with a focus on China.
Matrix India leads Series B for Mswipe
Mswipe Technologies, a Mumbai-based mobile payment services provider, has raised a Series B round of funding led by existing investor Matrix Partners India. Axis Bank and DSG Consumer Partners also participated.
India to allow LBOs for distressed assets
Indian banks will be allowed to support leveraged buyouts of distressed companies by “specialized entities” according to plans released by the Reserve Bank of India. Under a liberalized regulatory regime for asset sales, sector-specific private equity...
PE consortium buys Aditya Birla Nuvo's BPO unit for $260m
An investor group led by Capital Square Partners and CX Partners has agreed to buy Aditya Birla Minacs Worldwide, a business process outsourcing (BPO) unit owned by Aditya Birla Nuvo (ABNL), for an enterprise value of $260 million.
Australia's Catalyst secures $245m Actrol trade sale
Catalyst Investment Managers has exited Actrol Group, a components and systems supplier to the heating, ventilation and refrigeration industry, to Reece Australia for A$280 million ($245 million).