Gushcloud International, a digital talent agency based in Singapore, has received $11 million from a group of regional VCs and US hip-hop mogul Russel Simmons (pictured).
Affinity Equity Partners has more than doubled its money on Virgin Australia’s frequent flyer business, having agreed to sell back a 35% stake to the parent company for A$700 million ($480 million).
Quadrant Private Equity has completed the fourth investment in six months from its newly established growth fund, with the purchase of a majority interest in Australian online beauty retailer Adore Beauty.
Baidu Ventures has joined a Series B round of undisclosed size for SandStar, a Chinese artificial intelligence (AI) developer focused on the retail sector. It brings total investment to date to $25 million.
Thailand-based fashion retailer Pomelo has raised a $52 million Series C round from a group including Hong Kong’s Provident Growth. It is being called the first-ever Series C for a Thai start-up.
China’s Jingling contemplates an expansion of its social e-commerce strategy after securing a $100 million Series C round and de-risking its business model
Tencent Holdings has joined a $300 million Series B round for Zhuanzhuan, a Chinese second-hand goods trading platform controlled by US-listed online classifieds marketplace 58.com.
Mithril Capital, a US-based VC firm launched by PayPal co-founder Peter Thiel, has invested $45 million in Glance, an Indian smart phone media service provider.
A consortium led by Singapore’s GIC Private has agreed to invest $500 million in VCM Services, a consumer retail division of Vingroup, Vietnam’s largest conglomerate.
Advent International has agreed to acquire a 67.9% stake in Indian snacks manufacturer DFM Foods from investors including WestBridge Capital for INR8.52 billion ($118.7 million). It has made an open offer to buy a further 26% of the company for INR3.26...
Canada Pension Plan Investment Board (CPPIB) has confirmed it has invested $115 million in Indian e-commerce logistics services provider Delhivery.
From Adidas to Li Ning, sportswear brands are expanding aggressively in China. Recent Partners Group acquisition BCR Group is among the leaders in a $2 billion industry that furnishes new stores
Boyu Capital has led a $300 million Series A round of funding in Cjia.com, a serviced apartment brand created by Huazhu Hotels Group and IDG Capital.
Legend Capital has led a $100 million investment in Tongcheng Life, a social e-commerce business incubated by Hong Kong-listed online travel agency Tongcheng-Elong.
NetEase Cloud Music, one of China's largest music streaming platforms, has secured a $700 million investment from Alibaba Group and Yunfeng Capital, a private equity firm established by Alibaba founder Jack Ma.
Australia’s Quadrant Private Equity has agreed to acquire a majority interest Love To Dream, a domestic baby care brand focused on swaddles and sleepwear.
Consortiums led by Hopu Investment and Hillhouse Capital are competing for a 15% interest in Gree Electric Appliances against a backdrop of tensions between the Chinese company's CEO and its state-owned parent.
KKR has acquired a majority stake in Indian education services provider EuroKids International, facilitating a full exit for local GP Gaja Capital with a 6x return.
The success of Pinduoduo drew dozens of companies – start-ups and established retailers – into China’s social e-commerce space. Investors are now looking for new twists on the model, or just looking elsewhere
Unison Capital achieves a rare feat in helping the Korea franchise of bubble tea retailer Gong Cha take over its Taiwanese parent before facilitating a sale to TA Associates. Entering Japan has been a key value-add
Temasek Holdings and EV Growth have led a $40 million Series D investment in Social Bella, an Indonesian online services provider for the beauty and lifestyle industry.
Indian automotive conglomerate Mahindra & Mahindra has agreed to acquire an up to 55% stake in Meru Cab, a technology-enabled taxi company backed by True North.
Chezhubang, a car fueling services app provider, has raised Series B funding of RMB450 million ($62.8 million), jointly led by China’s National Small Medium Development Fund and Oriental Fortune Capital.
China-based food and agriculture specialist Hosen Capital is looking to raise $750 million for its fourth fund.