Sectors
Australia's Taronga Ventures launches in Singapore
Taronga Ventures, the venture arm of Australian real estate investment firm Taronga Group, has set up Asia Pacific headquarters in Singapore.
Tencent plots merger of China live-streaming platforms
Tencent Holdings has proposed a merger of Douyu and Huya – China’s two largest game-centric live-streaming platforms. Both NASDAQ-listed companies have a number of VC investors.
Start-up profiles: Sustainability agendas
Early-stage innovators across the region are leveraging both enterprise and consumer-facing models to address sustainability challenges with one eye on rapid commercialization
Quadrant acquires Australia phone mount business
Australia’s Quadrant Private Equity has acquired a controlling stake in Quad Lock, a local smart phone accessories maker focused on device mounts for bikes and cars.
Sequoia leads $20m Series A for Singapore's Incomlend
Sequoia Capital India has led a $20 million Series A round for Incomlend, a Singapore-based invoice trading platform that aims to democratize access to trade finance.
Rocketship targets Asia with second global VC fund
Rocketship, a US-based data science-focused venture capital firm that has backed a number of Indian start-ups, has closed its second global fund at $100 million with a strong focus on Asia.
ByteDance acquires Chinese medical platform for $72m
ByteDance, the PE-backed owner of TikTok and the Toutiao news aggregation service, has acquired VC-backed Chinese medical information platform Baikemy for RMB500 million ($72 million).
Q&A: Circulate Capital's Rob Kaplan
Rob Kaplan is CEO of Singapore’s Circulate Capital, which is dedicated to reducing oceanic plastic pollution. Its $150 million debut fund is backed by the likes of Coca-Cola, PepsiCo, and Unilever
Chinese CRO player Yaoyanshe raises $86m
Yaoyanshe, a Chinese contract research organization (CRO) for novel drugs, has raised RMB600 million ($86 million) across two rounds in the past eight months.
India cosmetics brand MyGlamm acquires content platform
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform, for an undisclosed sum. Both companies have several VC backers.
MUFG launches Singapore venture debt business
Japan’s MUFG Bank has set up a Singapore-based venture debt business alongside Israeli financial technology start-up Liquidity Capital. Its debut fund has been set up with an initial $80 million.
India clean energy: Shock treatment
The economic fallout from COVID-19 will not spare any sector, but careful planning can ensure private equity firms can take advantage of India’s ambitious energy transition goals
China clean energy: Policy power
China’s aggressive renewable energy development targets are creating opportunities for investors in various points along the supply chain, but inconsistent regulation remains a concern
BGH to buy Australia's Village Roadshow for $543m
BGH Capital has agreed to acquire Australian cinema and theme park operator Village Roadshow for A$758 million ($543 million).
Actis acquires two solar assets in India
Actis Capital has acquired a 400 megawatt portfolio of operating solar projects in central India from Acme Solar.
Chinese EV manufacturer Xpeng pursues US IPO
Xpeng Motors, a Chinese electric vehicle (EV) manufacturer backed by Alibaba Group and several PE and VC firms, has filed for a US IPO.
Chinese chip design company Brite raises $50m
Chinese integrated circuit (IC) design company Brite Semiconductor, has raised a RMB350 million ($50 million) Series D round led by Haitong Securities and sector specialist Sunic Capital.
PAI Capital invests $212m in Chinese video display business
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
VinaCapital completes exit from Vietnam dairy producer
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
China Resources consortium buys Hong Kong’s City Super
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
India used car platform Spinny acquires rival Truebil
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.
Huagai leads $43m round for China antibiotics developer
China-focused private equity firm Huagai Capital has a led a RMB300 million ($43 million) Series D round for antibiotics developer MicuRX Pharmaceuticals.
LPs & climate change risk: Numbers game
With more information at their fingertips, institutional investors are better positioned to understand and act on climate risks and opportunities in their portfolios. But private markets are still playing catchup
Globis joins $32.6m round for Japan's Photosynth
Globis Capital Partners has joined a JPY3.5 billion ($32.6 million) Series C round for Photosynth, a Japanese internet-of-things (IoT) developer specializing in smart locks for office buildings.