Swiggy, an Indian grocery delivery platform, has received $113 million in a Series I round led by Prosus Ventures, formerly known as Naspers Ventures and Food.
Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Japan’s Globis Capital Partners has invested in two marketing services providers in separate transactions, including web conferencing player BellFace and data-focused Flywheel.
A relentless curiosity about the Indian consumer’s journey has helped DSG Consumer Partners carve out a niche in the early stage investment space for companies with emerging local brands
Whales English, a Chinese online language tuition business also known as Jingyu Peiyou, has raised RMB100 million ($14 million) in Series B funding led by Sino Ocean Capital. Hike Capital and Fresh Capital also participated.
A $32.9 million equity and debt investment is unusually large for an Indian agricultural technology start-up.
Circles.Life wants to think bigger, and broader, about its telecom offering than competing mobile virtual network operators in Asia. A $75 million investment from Warburg Pincus will fuel these ambitions
Indian educational learning platform Unacademy has closed a $110 million funding round, bringing Facebook and General Atlantic on to its investor roster.
Stori, a Mexican digital bank founded by a team with China backgrounds, has raised $10 million in an extended tranche of Series A led by Source Code Capital and Bertelsmann Asia Investments (BAI). Existing investor Vision Plus Capital also participated.
Indian venture capital investor Blume ventures achieved a final close of $102m on Blume Ventures Fund III, its third early-stage fund.
Eureka AI, an Indonesia-based artificial intelligence-enabled enterprise software platform, has received $20 million in Series B funding led by Apis Partners, Gobi Partners, Riyad Capital’s Riyad Taqina Fund, and MEC Ventures.
Affirma Capital, a PE firm launched last year as a spin-out of Standard Chartered’s private equity business, has agreed to invest $34 million in Transcendental Human Resources, a Vietnam-focused online recruitment platform.
Swedish investment firm Kinnevik has revised downward its valuation of Indian online classifieds platform Quikr, citing fraud-related concerns and a changed measurement metric.
51CTO, a Chinese online technology training platform, has raised $20 million in a Series C funding round led by Gaocheng Capital.
Indian restaurant chain Barbeque Nation has re-filed for an initial public offering that will provide an exit opportunity for its private equity investors.
The coronavirus outbreak has thrust Chinese healthcare services into the spotlight, prompting investors to identify to sub-segments with potential for significant growth
Yimidida, a Chinese logistics platform has raised RMB1 billion ($140 million) in an extended tranche of Series D funding. The round took place in parallel with the firm’s acquisition of Shanghai-based UC Express.
General Atlantic and WuXi AppTec, China’s leading contract research organization (CRO) WuXi AppTec, have led a $98 million Series D round for local drug developer CANbridge Pharmaceuticals.
Industry attempts to contextualize the advent of artificial intelligence as a key moment in the history of humanity risk overheating a market already on fire
SBI Cards and Payments, the State Bank of India's (SBI) credit card arm and a Carlyle Group portfolio company, is looking to raise INR60 billion ($840 million) through a domestic IPO.
Chinese healthcare-focused GP HighLight Capital has reached the first close of $300 million on its third US dollar-denominated fund, but further progress is likely to be delayed by the coronavirus outbreak.
Endeavour United, a Japanese private equity firm established by the team behind turnaround investor Phoenix Capital, has completed two acquisitions in the packaging and chemicals industries.
Indian technology-focused private equity firm Z3 Partners has invested in Cyfirma, an analytics platform that helps enterprise clients identify potential cyber threats.
Sunseap, a Singaporean renewable energy provider, has raised S$100 million ($71.9 million) in Series D funding from a coal producer in Thailand.