Region
KV Asia buys Singapore skin care brand
KV Asia Capital has agreed to acquire Singapore-based Derma-Rx International Aesthetics (DIAL) from Indian skin care company Marico Kaya Enterprises. The financial terms of the deal were not disclosed
Sailing Capital launches cross-border RMB buyout fund
China’s Sailing Capital and its subsidiary Shanghai Sailing Industrial Capital have launched a RMB5 billion ($821 million) buyout fund, in a bid to facilitate cross-border transactions.
Portea Medical raises $7.6m from Accel, Ventureast
Accel Partners and Ventureast have contributed INR480 million ($7.69 million) in Series A funding for Indian home healthcare provider Portea Medical.
Itochu, Mizuho back Japan restaurant finder app
Itochu Ventures and Mizuho Capital have led a JPY330 million ($3.2 million) Series B round of funding for Retty, the Japanese start-up behind the restaurant app of the same name.
Singapore's Coda Payments gets Series A round
Carrier billing provider Coda Payments has raised $2.3 million in Series A funding from GMO Global Payment Fund, Rakuten Ventures, CyberAgent Ventures, and return backers Golden Gate Ventures and Skype co-founder Toivo Annus.
China to resume IPOs in 2014 – CSRC
The China Security Regulatory Commission (CSRC) plans to re-open the IPO market in January. About 50 firms are expected to pass the regulator’s review and become the first batch to list.
ICICI Venture invests $22.4m in BTI Payments
ICICI Venture has committed INR1.4 billion ($22.4 million) to BTI Payments for a significant stake in the ATM and point-of-sales (POS) services contractor.
PE firms bid for CVCI-owned BPO firm SourceHOV - report
Apax Partners, The Carlyle Group and Baring Private Equity Asia are said to be among bidders for SourceHOV, a business process outsourcing (BPO) firm jointly owned by Citigroup Venture Capital International (CVCI) and Mumbai-listed HOV Services.
Taiwan proposes changes to M&A regulations
Taiwan’s cabinet has approved the first amendments to the territory’s Business Mergers and Acquisitions Act in nearly a decade, including a provision that raises the level of shareholder support required for a take-private transaction to go through. PE...
MBK Partners sells Japan-based Invoice to Lone Star
MBK Partners has fully exited Invoice, Japan’s largest telecom bill aggregation service provider, to Lone Star Funds. The sale price was not disclosed but sources close to the deal said the North Asia-focused private equity firm had generated a 2.5x money...
L Capital acquire 40% of 2XU, Lazard sees 2x multiple
L Capital, the private equity firm backed by luxury goods conglomerate LVMH, has acquired a 40% stake of 2XU, an Australian sports apparel brand, for a reported A$75 million ($68.3 million). The transaction represents a partial exit for previous backers...
Blackbird leads round for Australian bitcoin start-up
Blackbird Ventures has invested A$250,000 ($227,645) to lead a A$500,000 round of funding for Melbourne-based CoinJar, a bitcoin wallet and exchange provider. Angel investors in the round include RetailMeNot founders Guy King and Bevan Clark and game...
Canada's CPPIB targets India office market with $200m JV deal
Canada Pension Plan Investment Board (CPPIB) will commit $200 million to its first real estate venture in India. In partnership with the Shapoorji Pallonji Group, it will acquire income-producing office buildings in Indian cities. CPPIB has an 80% stake...
Archer consortium scraps bid for NZ's Abano Healthcare
A consortium of investors including Archer Capital has scrapped its bid for New Zealand's Abano Healthcare Group. The group, which also featured Healthcare Industry Limited (HIL) and Steamboat Capital, cited a downgrade in the company's forecast profit...
Highland leads Series A round in food ordering website
Highland Capital Partners has provided approximately $10 million in Series A funding to Etaoshi, a Chinese online food ordering and delivery platform. Several undisclosed domestic venture capital firms also participated in the round.
Nazara Technologies launches gaming-focused seed fund
Indian mobile games developer and publisher Nazara Technologies has launched a seed stage fund to back game developers.
IvyCap leads $5m round for India's Aujas Networks
IvyCap Ventures has led a INR310 million ($5 million) round of funding for Aujas Networks, an information risk management (IRM) service provider. Existing investor IDG Ventures India, along with new entrant Rajasthan Venture Capital Fund (RVCF), also...
Orchid Asia-backed Autohome sets terms for $126m US IPO
Autohome, a Chinese online automobile marketplace in which Orchid Asia is an investor, plans to raise up to $125.9 million through an IPO on the New York Stock Exchange. The private equity firm will not be exiting any shares through the offering.
China's CBC invests in travel website Breadtrip
China Broadband Capital (CBC) has provided a Series B round of funding for Breadtrip.com, an online travel platform. The company has now raised about $10 million across two rounds.
AMP buys Australia schools project from RBS
AMP Capital will acquire a 100% interest in a portfolio of school buildings in Melbourne from Royal Bank of Scotland (RBS). The purchase is being made via the AMP Capital Community Infrastructure Fund, which invests in public-private partnership-style...
VIDEO: Gulpreet Kohli of ChrysCapital Partners
India is becoming more attractive for private equity investors as the capital overhang created by the fundraising boom of the previous vintage eases, reducing competition for deals, says Gulpreet Kohli, managing director at ChrysCapital Partners
Temasek buys stake in India's Eros International
Temasek Holdings has made its first foray into India's Bollywood movie industry as Fullerton Fund Management - a unit of the Singapore sovereign fund - acquired a stake in local film distributor Eros International.
More than 50 Chinese PE firms suspected of illegal fundraising
More than 50 Chinese private equity firms are suspected of illegal fundraising activity, according to the head of a taskforce charged with tracking down offenders. A total of RMB16 billion ($2.6 billion) and more than 100,000 people are thought to be...
India's Girnar Software raises $15m from Sequoia Capital
Sequoia Capital has invested $15 million in a first round of funding for Girnar Software, which owns the automotive marketplace Cardekho.com. The funds will be used to support the marketplace's expansion plans.