TPG Capital affiliate PacificBridge Asset Management and MCM Investment Partners, a Hong Kong-headquartered merchant bank and asset manager, have led a $25 million Series B round for Singapore artificial intelligence (AI) start-up Taiger.
Fundraising has accelerated in Southeast Asia’s venture capital space in recent years, but the ecosystem remains fragile. Expansion will be difficult until GPs can prove the viability of the market to LPs
Indonesia-based ride-hailing and online services platform Go-Jek has received a fresh investment of undisclosed size from Mitsubishi Corporation - as well as two other units of the Japanese conglomerate - as part of its ongoing Series F round.
EV Growth has led a $14.5 million Series A round for Indonesian logistics industry technology provider Waresix.
EQT Partners has made a take-private offer for Singapore-listed hospital operator Health Management International (HMI) that values the company at S$611 million ($449 million).
Ritase, an Indonesian technology provider for the trucking industry, has raised an $8.5 million Series A round led by Golden Gate Ventures.
Singapore’s GIC Private warned of “high-risk asset valuations that mask weak market fundamentals and growing economic uncertainties” having dialed down exposure to developed market public equities in favor of private equity, bonds and cash over...
Singapore’s Golden Equator has punctuated a spate of fundraising activity with confirmation it will launch a $200 million mezzanine and private debt fund for growth-stage companies in Southeast Asia.
Oman-based private equity firm Jabreen Capital is expanding into Southeast Asia with the acquisition of a stake of undisclosed size in the Singapore division of Korean counterpart EastBridge Partners.
Southeast Asian ride hailing and online-to-offline (O2O) services platform Grab has received a $300 million commitment from global investment manager Invesco as part of its ongoing $6.5 billion Series H round.
Indonesian P2P lending platform KoinWorks has raised S$16.5 million ($12 million) in Series B funding led by EV Growth and Quona Capital.
Warburg Pincus has closed its latest China companion fund – which officially includes Southeast Asia for this vintage – at the hard cap of $4.25 billion.
Home Control International, a Singapore-based manufacturer of remote controls for television and smart devices owned by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
Trax, a Singapore-based developer of retail computer vision and analytics solutions with several private equity backers, has acquired US-based shopping rewards app developer Shopkick for an undisclosed amount.
Korea’s Stonebridge Ventures has led a $13.5 million investment in CoHive, an Indonesian co-working space operator previously known as EV Hive that spun out from East Ventures.
China-based GPs Sinopharm Capital and Cedarlake Capital have announced a $20 million investment in Singapore-based healthcare platform Novena Global Lifecare, along with a strategic partnership for a $150 million fund that will support Southeast Asian...
China-US trade tensions will drive a second wave in the One Belt One Road Initiative (OBOR) as Chinese companies relocate lower-end manufacturing to new markets, according to Victor Fung, group chairman of Fung Group, a Hong Kong multinational with interests...
A growing number of Singaporean retail investors are seeking PE exposure under a program overseen by Temasek Holdings. Nearly 31,000 applications representing S$820 million ($602 million) were submitted for the S$180 million worth of bonds – backed...
Malaysia’s Kenanga Investment Bank has launched a venture fund of undisclosed size that will invest exclusively in companies that have achieved unicorn status or are within 6-24 months of IPO.
Advent International has up to $3 billion to deploy in Asia following its recent global fundraise. It has increased headcount to widen sector coverage
Vietnam’s private sector is rich in opportunity and many people have ambitions of building the next Mobile World. But engagement between entrepreneurs and private equity doesn’t always run smooth
Asia Partners, a Singapore-based VC firm co-founded by Nick Nash, the former group president of mobile internet and gaming platform Sea, has raised more than $70 million for its debut fund, which will invest in Southeast Asian technology companies at...
Paul Sanford, CIO of credit-focused impact investment firm TriLinc Global, explains why Southeast Asia has proved a challenging market and how he is preparing for a spike in institutional investor interest
Qxpress, the logistics subsidiary of Southeast Asian e-commerce platform Qoo10, has raised $50 million from Korean private equity firm Crescendo Equity Partners.