Culture Amp, an Australia-headquartered enterprise technology provider specializing in human resources (HR), has $100 million in Series F funding at a valuation of $1.5 billion.
SoftBank Ventures Asia has led a JPY6.2 billion ($56.4 million) Series C round for Japanese sneaker marketplace and e-commerce start-up Soda.
India-based automobile marketplace Droom has raised $200 million in the first tranche of a pre-IPO funding round that values the company at $1.2 billion.
The founders of Hong Kong-headquartered financial technology provider Airwallex, which has received $500 million in VC funding, have launched their own venture capital fund.
Singapore sovereign wealth fund GIC has committed $240 million to Arctic Green Energy (AGE), an Iceland-based geothermal energy developer that has already received substantial Chinese backing.
Everstone Group has teamed up with data center operator Yondr Group to invest $1 billion in facilities across India, leveraging the country’s push for greater data localization.
Direct secondaries specialist NewQuest Capital Partners has acquired a minority stake in Cloudnine, an India-based hospital chain, by committing primary capital and taking out several existing investors.
Semidrive Technology, a specialist semiconductor manufacturer for the automotive industry, has raised RMB1 billion ($154 million) in Series B funding led by Pro Capital and V Fund.
Gupshup, an India-based messaging services provider, has received $240 million from Fidelity, Think Investments, Malabar Investments, Harbor Spring Capital, Neuberger Berman, and White Oak.
Indonesia-based grocery platform HappyFresh has closed a $65 million Series D round led by Korean internet giant Naver and Netherlands-based investor Gafina.
Temasek Holdings, Moore Strategic Ventures, and Mirae Asset Global Investments have led a $145 million Series F round for Indian social media platform ShareChat at a valuation of $3 billion.
Accel has led a Series C top-up for MyGlamm, an India-based direct-to-consumer (DTC) beauty products marketplace, taking the overall round to INR5.3 billion ($71.1 million).
Genesis Capital, a China growth-stage technology investor established by Richard Peng, who previously led the investment program at Tencent Holdings, is seeking $1.2 billion for its third US dollar-denominated fund.
Riverwood Capital has led a $200 million Series D round for Singapore-based cross-border payments technology provider Nium at an approximately $1 billion valuation.
Australia’s Go1 gains traction with a B2B approach to a rapidly expanding human resources and workforce management software industry. SoftBank Vision Fund 2 is among the believers
Having agreed to provide a succession solution to the founder of Korean furniture retailer and interior designer Hanssem, IMM Private Equity wants to harness growth through demographics and differentiation
The lack of a reliable IPO channel is a longstanding exit obstacle for venture capital investors in India. Domestic listings may, unexpectedly, prove to be the answer
Semiconductors are a popular investment target in China on the back of US decoupling and a push for self-sufficiency. Alex Banh, a managing partner of sector specialist IPV Capital, shares his views
China has imposed severe restrictions on private tutoring that appear to undermine the commercial viability of companies in the space, potentially making private equity investment unviable.
Best & Less Group (BLG), an Australian baby, kids and womenswear retailer, has raised A$60 million ($44 million) through a domestic IPO, facilitating a partial exit for majority owner Allegro Funds Group.
TransThera, a China-based drug developer, has raised $100 million in Series D funding led by CPE and China Structural Reform Fund.
Belgium-based Incofin Investment Management, which focuses on financial inclusion and developing market agri-food segments, has reached a first close of $60 million for an India impact fund.
PAG has acquired a controlling stake in Acme Formulation Private, an India-based contract development and manufacturing organization (CDMO), for approximately $145 million.
Asia Partners and Falcon Eduge Capital have led a $100 million Series B round for GudangAda, an Indonesian online marketplace that targets wholesale and small-scale retailers.