Consumer
Deal focus: Keep makes a sport of data monetization
After raising a $127 million Series D round from the likes of Goldman Sachs and GGV Capital, Chinese fitness app operator Keep is set to find new ways of monetizing its user behavior data
CDIB backs Korean cosmetic masks manufacturer
CDIB Capital, the private equity arm of Taiwan’s China Development Financial, has invested an undisclosed sum in Korean cosmetics maker E.CIS Cosmetic (ECIS).
SCPE buys stake in India travel business from Naspers
Standard Chartered Private Equity (SCPE) has invested an undisclosed amount in Indian online travel company Travel Boutique Online (TBO) to acquire a stake held by South African internet conglomerate Naspers.
Coatue leads $350m round for China education player Zuoyebang
Coatue Management has led a $350 million Series D round of funding for Zuoyebang, a Chinese K-12 education platform that spun out from domestic search giant Baidu.
TPG leads $100m Series D for India’s Bigtree
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.
Booking.com owner invests $500m in China’s Didi
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.
Deal focus: L Catterton taps the China luxury story
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
LeapFrog acquires Indian medical device maker
LeapFrog Investments has acquired a majority stake in India-base healthcare industry supplier Ascent Meditech for an undisclosed sum.
India’s Unacademy raises $21m Series C round
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.
Thailand's Lakeshore buys local drug brand
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.
Quadrant buys Australia, New Zealand candy brands from Nestle
Quadrant Private Equity has agreed to buy a portfolio of candy brands manufactured in New Zealand from Nestle for an undisclosed sum.
Jade Invest acquires China's Guardian Hygiene
Chinese mid-market private equity buyout firm Jade Invest has acquired domestic pest control company Guardian Hygiene Service for an undisclosed sum.
Meituan-Dianping GP closes consumer fund at $300m
Longzhu Capital, a venture capital firm established by Chinese online-to-offline (O2O) services platform Meituan-Dianping, has closed its debut fund at RMB2 billion ($300 million).
Yahoo acquires Japan's VC-backed Dely
Yahoo Japan has acquired Dely, the VC-backed Japanese start-up that operates online recipe-sharing service Kurashiru.
Chinese coffee shop chain raises $200m, achieves unicorn status
Luckin Coffee, a Chinese coffee shop chain established last year, has raised $200 million in Series A funding from GIC Private, Centurium Capital, Legend Capital, and Joy Capital. Centurium, a GP established by ex-Warburg Pincus China head David Li, is...
Goldman leads $127m round for Chinese fitness app
Goldman Sachs has led a Series D funding round worth $127 million for Keep, a Chinese mobile app that provides fitness training programs.
L Catterton, JD to invest $175m in China’s Secoo
L Catterton Asia and Chinese online retailer JD.com have agreed to invest $175 million in Secoo, a Chinese e-commerce platform for luxury goods that is listed in the US.
TPG leads $60m Series C for China's Moretickets
TPG Capital has led a $60 million Series C funding round for Moretickets, a Chinese events ticketing platform operator.
The Growth Fund buys 50% stake in Australia pilot school
The Growth Fund, an Australian middle market private equity investor spun out from Archer Capital, has paid an undisclosed sum for a 50% stake in domestic pilot training school Soar Aviation.
Value Partners launches China education PE fund
Hong Kong asset manager Value Partners has launched its first PE program in mainland China with a locally focused education sector fund in partnership with university and technical college operator China Education Group.
Chinese social e-commerce player Pinduoduo files for US IPO
Pinduoduo, a Chinese social e-commerce platform that counts Tencent Holdings and a string of venture capital firms among its investors, has filed for an IPO in the US.
Chinese investors back Indian online marketplace Cashify
Cashify, an Indian online marketplace for used smart phones and electronics, has raised a $12 million funding round led by China-based GPs CDH Investments and Morningside Capital.
Boyu leads $125m round for Singapore's Trax
Boyu Capital has led a $125 million funding round for Trax, a Singapore-headquartered company that has developed computer vision and analytics solutions through which retailers can link sales to in-store and on-shelf positioning.
Unitas agrees $694m sale of Chinese condiments business
Unitas Capital, which is in the process of exiting its remaining investments after abandoning plans to raise a new fund in 2016, has agreed to sell Chinese condiments producer Jiahao Foodstuff to Huabao International Holdings for $694.5 million.