Southeast Asia
Streaming media provider Iflix gets $45m for SE Asia rollout
Malaysia-based VC-backed internet television service Iflix has attracted $45 million of strategic investment from fellow Netflix rivals, including European broadcaster Sky, to expand the company’s business across Southeast Asia.
Lakeshore Capital invests in Thailand's ReadyPlanet
Thailand-focused GP Lakeshore Capital Partners has invested an undisclosed amount in digital marketing service provider ReadyPlanet.
500 Startups launches $10m Vietnam fund
US-based accelerator 500 Startups has launched its latest country-specific fund with a target of $10 million for investments in Vietnam.
Malaysia's VC-backed PurelyB buys Singapore yoga portal
Malaysian health and wellness company PurelyB has acquired Singaporean yoga lifestyle website Stretch City.
Philippines-based PDS secures funding
Philippines-based mobile fintech start-up Pitaca Digital Services has raised a funding round managed by Carillion Partners, a boutique investment services and financial advisory company affiliated with Hong Kong-based Angeon Advisors.
Philippines online pawn store secures VC funding
Manila-based online pawnshop PawnHero has raised an undisclosed amount of pre-Series A funding from a group of venture backers.
Equis launches SE Asia's largest solar project
Renewable energy-focused developer and investor Equis Funds Group has launched Southeast Asia's largest solar energy project in the Philippines.
UK-based Blippar raises $54m for Asia expansion
Blippar, a UK-based developer of augmented reality, computer vision and artificial intelligence technology, has raised a $54 million Series D round to support its Asia expansion plans.
AID Partners to sell stake in HMV to Japan's World Innovation Lab
AID Partners is set for a partial exit from HMV’s Asia business after agreeing to sell an 18.37% stake in the music and movie retailer to Japan-based World Innovation Lab for $9 million.
Malaysia car sale platform raises $2m Series A round
Malaysian PE fund IdeaRiverRun has led a $2 million Series A round of funding for Carsome, a local car purchasing platform.
Riverside-backed MNX in Singapore bolt-on acquisition
The Riverside Company has completed the bolt-on acquisition of Singapore-based Aero Express Logistics (AEL) to its global transportation and logistics platform MNX Global Logistics.
Telstra backs Monk's Hill Southeast Asia fund
Australia’s Telstra Ventures has made an LP commitment to Singapore-based Monk's Hill Ventures' debut Southeast Asia fund - which is targeting S$100 million ($80 million) - as part of an ongoing pivot to Asian venture capital.
GIC to invest $387m in Indonesian retailer
Singapore’s GIC Private has agreed to invest IDR5.2 trillion ($387.4 million) in Trans Retail, a hypermarket operator controlled by Indonesian conglomerate CT Corp.
VCs commit $15m to Indonesia's Orami
MoxyBilna, an Indonesia-based mother and baby-focused e-commerce group, has received a $15 million funding round led by Sinar Mas Digital Ventures (SMDV), and also announced a rebranding as Orami.
KV Asia acquires Malaysia's TF Value-Mart
KV Asia Capital has acquired a controlling stake in TF Value-Mart, a leading hypermarket chain in Malaysia.
Lightstone Ventures raises $50m Singapore fund
Lightstone Ventures has closed a $50 million fund aimed at investments in Singapore-based companies in the life-science sector.
Denham-backed platform buys Vietnam hydro project
Nexif Energy, a Southeast Asia-based energy investment platform backed by Denham Capital, has bought a majority stake in a Vietnam hydropower project.
Rocket Internet raises $31.4m for property portal
Emerging markets property portal Lamudi has raised EUR29 million ($31.4 million) from its main backer, Germany's Rocket Internet, and several additional investors.
Q&A: KKR's David Liu and Ming Lu
David Liu and Ming Lu, who head up KKR’s private equity operations in Asia, discuss dislocation in China and its neighboring markets, engineering cross-border deal flow, and how GPs can differentiate themselves
Venturra leads $12m round for Malaysia's KFit
Venturra Capital has led a $12 million Series A round for Malaysia-based gym membership app KFit.
KKR exits Vietnam's Masan Consumer with over 2x return
KKR has fully exited Vietnam’s Masan Consumer Corp. (MCC), generating a more than 2x return on a $359 million investment made across two tranches in 2011 and 2013.
Jungle Ventures adds to management team
Singapore-based Jungle Ventures, which is currently raising its second fund, has strengthened its management team with the appointment of a new CFO, director of corporate development, and head of finance.
Singapore's Eyeota raises $7m Series A round
Global Brain, Infinity e.Ventures and Project A Ventures have committed $7 million in Series A funding to Singapore-based adtech company Eyeota.
CVC, Lippo postpone plan to exit Indonesia's Link Net
CVC Capital Partners and the Riady family's Lippo Group have suspended plans to sell their majority stake in Link Net, an Indonesian fixed-line broadband and cable TV operator.