Shenzhen Scholar Education, a Chinese after-school tutoring business backed by CRE Alliance, has filed for an IPO in Hong Kong.
Verlinvest has led a INR1.8 billion ($25 million) Series C investment in India’s Drums Food International, best known for the Epigamia yogurt brand.
American Express has acquired Pocket Concierge, a Japanese digital services provider for the restaurant industry backed by several domestic venture capital firms.
BGH Capital is close to announcing its first deal after a revised offer of A$2.1 billion ($1.5 billion) for Australian education services provider Navitas won backing from the company’s board.
Weimob, a Shanghai-based provider of marketing and cloud services to online merchants that is backed by Tencent Holdings and several private equity firms, has surged 14% on its first day of trading on the Hong Kong Stock Exchange.
Belt Road Capital Management, a Cambodia-based private equity firm focused on Southeast Asia, has led a $7 million investment in Vietnamese e-commerce player LeFlair.
Sequoia Capital India has led a $40 million Series C funding round for Eruditus Executive Education, a developer of education technology based in India, with participation by existing investor Bertelsmann India Investments.
Nreal, a China-based company that makes advanced virtual reality glasses that resemble normal sunglasses, has raised $15 million in Series A funding from investors including Shunwei Capital.
Indian managed accommodation platform operator Zolo has raised $30 million in Series B funding from a group of investors including IDFC Alternatives.
Baraja, an Australia-based start-up developing guidance technology for autonomous vehicles, has raised a $32 million Series A round from investors including Sequoia China and Blackbird Ventures.
Indian online automobile marketplace CarDekho has raised $110 million in Series C funding from investors including Sequoia Capital India, Hillhouse Capital, CapitalG – an investment arm of Alphabet, parent of Google – and Axis Bank.
KKR backed in Qingdao Haier at a time when the Chinese white goods giant wanted to expand overseas and address competitive pressure at home. The GP helped it deliver on both fronts
Tencent Holdings has led a $300 million round of funding for Chinese online education start-up Yuanfudao, propelling the company to a valuation in excess of $3 billion.
Naspers has re-upped in Indian online food ordering and delivering platform Swiggy, leading a $1 billion Series H round of funding for the company.
The transformation of Manuka Health from loosely run family affair into professional segment leader helped organize a cottage industry into big business
FountainVest Partners, which has raised three US dollar-denominated China-focused funds, has closed its first renminbi vehicle at RMB1.7 billion ($246.5 million).
Indian online fresh meat and seafood delivery company Licious felt compelled to raise its Series D round within three months of its Series C after a segment leader from Japan made an irrefutable offer
Japan’s Yamaha Motor has invested $150 million in Southeast Asia-based ride-hailing app Grab as part of a strategic partnership aimed at developing the company’s motorcycle hailing services in the region.
VIG Partners acquires Bonchon, a Korean-headquartered fried chicken restaurant chain with a global presence, with an eye to growing the business worldwide
Xianlife, a Beijing-based smart retail service provider, has received $100 million in funding together with its subsidiary Good Neighbors Convenience Stores.
SoftBank Vision Fund and Alibaba Group have joined a $1.1 billion round for Indonesian e-commerce and related online services provider Tokopedia.
Fresh Buddy, a Chinese social e-commerce app that focuses on fresh produce, has raised a $100 million Series B round led by Genesis Capital.
Luckin Coffee, a Chinese coffee shop chain established last year, has raised $200 million in Series B round from existing investors GIC Private, Centurium Capital, and Joy Capital.
Indian online education start-up Byju’s has raised a $400 million funding round led by Naspers Ventures, an investment arm of South African media conglomerate Naspers.