Consumer
India's Zolo secures $30m Series B
Indian managed accommodation platform operator Zolo has raised $30 million in Series B funding from a group of investors including IDFC Alternatives.
Sequoia, Blackbird join Series A for Australia's Baraja
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.
India's CarDekho secures $110m Series C
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.
AVCJ Awards 2018: Operational Value Add: Qingdao Haier
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
Chinese online education start-up Yuanfudao raises $300m
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 leads $1b Series H for India's Swiggy
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.
AVCJ Awards 2018: Responsible Investment: Manuka Health
The transformation of Manuka Health from loosely run family affair into professional segment leader helped organize a cottage industry into big business
FountainVest closes debut renminbi fund at $246.5m
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).
Deal focus: India's Licious cuts in a heavyweight
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
Southeast Asia's Grab raises $150m from Yamaha
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.
Deal focus: Bonchon flies the coop
VIG Partners acquires Bonchon, a Korean-headquartered fried chicken restaurant chain with a global presence, with an eye to growing the business worldwide
Chinese smart retail services provider raises $100m
Xianlife, a Beijing-based smart retail service provider, has received $100 million in funding together with its subsidiary Good Neighbors Convenience Stores.
SoftBank, Alibaba lead $1.1b round for Indonesia's Tokopedia
SoftBank Vision Fund and Alibaba Group have joined a $1.1 billion round for Indonesian e-commerce and related online services provider Tokopedia.
Chinese social e-commerce player raises $100m Series B
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.
Chinese coffee shop chain Luckin gets $200m Series B
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.
India's PE-backed Byju's raises $400m
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.
New Zealand's Trade Me agrees to Apax acquisition
New Zealand e-commerce company Trade Me has agreed to be 100% acquired by Apax Partners at an enterprise value of NZ$2.7 billion ($1.89 billion) one week after receiving a similar proposal from Hellman & Friedman.
India's Licious raises $25m Series D
Delightful Gourmet, operator of Indian online fresh meat and seafood ordering platform Licious, has raised $25 million in Series D funding to support its geographical expansion.
True North backs Zydus' acquisition of Heinz India
True North has invested INR10 billion ($140 million) in Indian health products manufacturer Zydus Wellness to support its acquisition of Heinz India.
Fosun-owned Club Med operator raises $427m in HK IPO
Fosun Tourism Group (FTG), which operates holiday resorts under the Club Méditerranée (Club Med) brand, has raised HK$3.34 billion ($427 million) through its Hong Kong IPO.
Centurium leads $100m round for China education platform
Zhangtong Jiayuan, a China-based online education platform, has raised $100 million in Series D round led by Centurium Capital, a private equity firm established by ex-Warburg Pincus China head David Li.
FountainVest-backed consortium makes tender offer for Amer
A consortium including FountainVest Partners and Chinese sportswear retailer Anta Sports has won board support for a EUR4.6 ($5.23 billion) tender offer for Finland-listed Amer Sports, which owns brands such as Salomon, Atomic, and Louisville Slugger....
Grab invests $100m in India's Oyo
Southeast Asian ride-hailing player Grab has invested more than $100 million in India-based online hospitality platform Oyo.
Q&A: Impossible Foods' Nick Halla
Nick Halla became the first employee at Impossible Foods in 2011. Now leading the rollout of the PE-backed company’s plant-based meat substitute products, he explains the strategy for Asia