Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
EBay has acquired a 5.5% stake in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
Switzerland-based private equity firm Vaalon Capital and Netherlands investor IFSD BV have provided a combined $15 million to Indian financial and enterprise services provider MyMoneyMantra (MMM).
Indian travel services platform Yatra Online, which has several VC investors, has agreed to an acquisition by software and e-commerce services provider Ebix at an enterprise valuation of $337.8 million.
Hendrik Susanto left a career in private equity and venture capital to head Traveloka’s inorganic growth strategy. The new role harnesses investment expertise to build a longer-lasting company
Visa has confirmed its participation in an ongoing Series F round for Indonesia-based ride-hailing and online services platform Go-Jek that had raised about $1 billion as of February.
Orum Therapeutics, a Korean biotechnology developer targeting cancer and rare diseases, has secured a $30 million Series B round from a group including IMM Investment and InterVest.
Vietnam’s VinaCapital has acquired the operations of Singapore financial technology platform Smartly for an undisclosed sum.
Chinese game live-streaming platform Douyu International Holdings closed flat on its first day of trading on NASDAQ following a $775 million IPO – the largest US offering by a Chinese company this year.
Sequoia Capital China and Eastern Bell Venture Capital have led a RMB250 million ($36.3 million) Series A round for Lichuang Mall, a Chinese B2B online trading platform that specializes in electronic components.
Near, a Singapore-based artificial intelligence (AI) services provider that supports enterprise analytics, has raised $100 million from UK private equity firm Greater Pacific Capital.
Singapore mother-and-child online services provider theAsianparent is planning an expansion by tracking the fastest birth rates around the region. Fosun is backing the agenda
Gobi Partners has joined Teleport, the cargo and logistics platform of AirAsia, to commit $10.6 million in Series B funding to Malaysia-based e-commerce logistics and parcel delivery service EasyParcel.
Chinese cloud-based robotics developer CloudMinds has filed for an IPO in the US with a view to raising up to $500 million.
With $850 million in dry powder to deploy from its second US dollar-denominate fund, China’s Genesis Capital is targeting Series C and D rounds for start-ups on the cusp of greatness
Igloohome, a Singapore-based smart city supplier for enterprises in real estate and infrastructure, has raised a $15 million round co-led by Wavemaker Partners, Insignia Ventures Partners, and Seeds Capital.
Private equity and venture capital firms are seeking investments that target China’s lower-tier cities, which continue to see rapid consumption growth despite the economic slowdown at national level.
Bain Capital Credit has invested $300 million in D&J China, a Shanghai-based business and technology development park developer pursuing a domestic expansion.
Ping An Insurance has made a strategic investment in iTutorGroup, a Chinese online education platform that previously raised four rounds of funding, the most recent at a valuation of $1.6 billion.
Australian quick service restaurant chains Oporto, Red Rooster and Chicken Treat have their third consecutive private equity owner after PAG Asia Capital bought the business from Archer Capital.
Chinese early-stage investor Plum Ventures has closed its fifth angel fund with RMB532.5 million ($77.4 million) in commitments, taking its total assets under management to RMB3 billion.
Singapore-based healthcare platform Novena Global Lifecare has completed a $350 million merger with Xingkedou, a VC-backed Chinese hair salon operator that specializes in fast turnaround services.
Fosun RZ Capital, the VC arm of Fosun, has led a Series C round of undisclosed size for Singapore-based theAsianparent, which claims to be Southeast Asia’s largest mother-and-child online platform.
Tiger Global Management and Sequoia Capital have led a $60 million funding round for India-based business-to-business (B2B) industrial goods marketplace Moglix.