Nazrin Hassan, CEO of Cradle Fund, died on June 14 due to blast injuries incurred when his mobile phone exploded, the Malaysian venture capital firm has confirmed.
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has abandoned plans for a $60.1 million IPO in the US citing unspecified difficulties with some investors.
The Abraaj Group – which has been under pressure since governance concerns emerged in February – has appointed provisional liquidators to work on a restructuring of the firm after a second creditor filed a petition seeking to recover unpaid debts.
PatSnap, a cloud-based intellectual property analytics and management software developer based in the UK and Singapore with more than half of its clients in China, has raised a $38 million Series D round led by Shunwei Capital and Sequoia Capital.
CVC Capital Partners has acquired 100% of Malaysia-based food company Munchy Food Industries for an undisclosed sum.
Japan’s Toyota Motor Corporation will contribute $1 billion as the lead investor in the latest round of funding for Southeast Asia-focused ride-hailing business Grab. The commitment – the largest-ever made by an automaker in the ride-hailing industry...
Southeast Asia-focused ride-hailing app operator Grab has launched a venture capital unit aimed at developing and investing in emerging technology businesses across the region.
Chinese media platform operator YY has led a Series D round for Bigo Live, a Singapore-based video streaming company backed by Ping An Insurance, with a $272 million commitment.
CLSA Capital Partners (CLSA CP) and Singapore family office Kamet Capital Partners have invested $60 million in Asia telecom player MyRepublic.
The application of virtual tokens as investment instruments is modernizing the venture capital industry. Stakeholders are discovering a range of pitfalls and possibilities during the transition
Mekong Capital has invested an undisclosed amount in Vietnamese mattress and bedding retailer Vua Nem to support its expansion.
Apis Partners is targeting $400 million for its second middle-market growth fund focused on financial services and technology investments in emerging markets, with a $500 million hard cap.
SoftBank Ventures Korea (SBVK) has co-led a $20 million Series A round for EV Hive, an Indonesian co-working space operator that spun out from East Ventures last year, alongside H&CK Partners and Tigris Investment, both of which are also based in South...
Advantage Partners has completed the buyout of Malaysian plastic bottle manufacturer Plastic Centre through its recently closed $380 million Asia fund.
A group of VCs including China’s Sky9 Capital are backing a global push by Southeast Asian e-commerce operator Ezbuy. The plan will require combining international vision with local knowhow
Alan Jiang helped launch Uber in China, Malaysia and Vietnam before serving as Indonesia country head. Now he is leading Chinese bike-sharing start-up Ofo’s expansion in Southeast Asia
MAP Aktif Adiperkasa, an Indonesian sports retailer that counts CVC Capital Partners as a minority shareholder, is planning to raise up to IDR1.32 trillion ($94 million) through a domestic IPO.
A group of VCs including Yashang Capital and Westlake Ventures have backed a $20 million Series A funding round for Singaporean biotech developer Lion TCR.
Navis Capital Partners aims to promote ethical and environmentally sustainable textile production through its investment in Vietnam's Saitex
A group of VCs including IDG Ventures has provided $17.6 million in pre-Series C funding to Singaporean shopping platform operator Ezbuy.
Private equity valuations in Vietnam are rocketing as competition for deals hots up and target companies tie their pricing expectations to soaring public markets.
Retail investors in Singapore will be able to get exposure to the Temasek Holdings private equity portfolio through a $500 million bond issuance backed by 36 funds, including vehicles managed by The Blackstone Group, KKR, Silver Lake Partners, and TPG...
The Carlyle Group has hired Robby Winarta as a managing director for Indonesia and Long Hoang as a director for Vietnam.
Navis Capital Partners has invested an undisclosed amount in Saitex Holdings, a denim products manufacturer for the global jeans industry based in Vietnam.