Private equity firms present attractive partnership opportunities for corporate investors in Southeast Asia as both public and private companies seek to augment their existing strengths and fuel growth strategies.
Golden Gate Ventures was founded in order to bring much-needed support to Southeast Asia’s fledgling start-up community. The firm has found success by promoting an entrepreneurial culture within its team
TPG Capital has led a $100 million Series D funding round for Bigtree Entertainment, an India-based ticketing services company best known for its aggregator service BookMyShow.
OfBusiness, an India-based financial technology company focused on smart financing services has received an INR2billion Series C funding round led by Creation Investments and Falcon Edge.
Yitu Technology, a Chinese artificial intelligence (AI) start-up, has received $100 million in funding from China Industrial Asset Management (CIAM). It comes a month after the company raised a Series C-plus round of $200 million.
A group of Southeast Asian and Chinese investors has provided a $50 million extended Series B round of funding for Advance.AI, a big data specialist with offices in Beijing, Singapore, Jakarta, and Manila.
Pintec Technology, a Chinese financial technology business backed by Ventech China, Xiaomi Ventures, and Matrix Partners China, among others, has filed for a US IPO.
China venture capital-focused fund-of-funds Unicorn Capital Partners raises $250 million with an eye on an increasingly challenging but rewarding early-stage technology space
Booking Holdings, which operates a number of online travel businesses including Booking.com, has invested $500 million in Didi Chuxing, a Chinese ride-hailing company with substantial PE and VC backing.
L Catterton Asia aims to help Chinese online luxury goods retailer Secoo expand its frontiers with technological and logistical support from e-commerce giant JD.com
An eruption of investment and company creation in Chinese biotech has signaled the dawn of a raw but promising market. First-movers must negotiate immediate pitfalls while targeting long-term upside
Ascentage Pharma, a Chinese biopharmaceutical company primarily focused on treatments for cancer, has raised $150 million in Series C funding.
LeapFrog Investments has acquired a majority stake in India-base healthcare industry supplier Ascent Meditech for an undisclosed sum.
Indian online education platform Unacademy has raised a $21 million Series C round of funding from a group of investors led by Sequoia Capital India.
Snowball Finance, a Chinese online financial information platform that subsequently expanded into asset management, has raised $120 million in a Series D round of funding led by Ant Financial, Alibaba Group’s financial services affiliate.
Cango, a private equity-backed Chinese automotive transaction services platform that brings together car dealerships, buyers, and financial institutions, is seeking to raise up to $150 million through a US IPO.
Connie Chan (pictured), the executive at US venture capital firm Andreessen Horowitz responsible for managing the Asian network, has been promoted to general partner.
Opera Software, a Norwegian web browser developer acquired by a PE-backed Chinese consortium in 2016, is looking to raise up to $115.2 million in a US IPO.
51 Credit Card, a Chinese online credit card management platform backed by the likes of Tiantu Capital, GGV Capital, and Shunwei Capital, raised HK$1 billion ($128.5 million) in its Hong Kong IPO.
Lakeshore Capital has taken a controlling stake in domestic drug manufacturer Devakam Apothecary Hall, owner of the Namman Muay analgesic cream brand, for an undisclosed amount.
Lionbridge, a Chinese commercial vehicle leasing business controlled by Bain Capital Private Equity, has received RMB1 billion ($150 million) in funding led by Baidu and Sunshine Capital, an investment unit of Sunshine Insurance Group.
GIC Private’s investment performance declined for the third consecutive year, with the sovereign wealth fund once again warning of uncertainty driven by high asset valuations, increased risk of monetary policy tightening, and international trade tensions.
TA Associates has acquired a minority stake in Prudent Corporate Advisory Services, an India-focused provider of mutual funds and other wealth management products.
China’s emerging venture capital firms are seeking an edge in a competitive market through differentiated deal sourcing – offering a more personalized service than their more established counterparts or simply making bets that confound conventional...