CITIC Capital has invested an undisclosed sum in Cityneon, an entertainment media-focused marketing firm based in Singapore.
Indonesian venture capital firm Kejora Ventures has closed its latest fund, a growth vehicle that will invest in technology businesses in Southeast Asia, with more than $100 million in commitments.
Financial software and data platform developer ION Investment Group has agreed to acquire a majority stake in Acuris, the parent company of AVCJ, for an undisclosed amount. The deal will provide a full exit for Singapore’s GIC Private, while current...
A group including CITIC Private Equity, CICC Capital and Baring Private Equity Asia has agreed to invest $1 billion in the healthcare unit of Chinese e-commerce giant JD.com, acquiring a combined stake of 14.5%.
CDIB Capital is backing VHQ China to leverage the growing demand for visual effects in China's domestic movie and TV production industry
MGI Tech, a Chinese manufacturer of equipment used in gene sequencing, has raised $200 million in funding led by Goldstone Investment, the PE arm under CITIC Securities, Green Pine Capital Partners and Orient Securities Capital Investment.
Mekong Capital has invested an undisclosed amount in Pizza 4P’s, a Vietnamese farm-to-table pizza restaurant chain.
Indian non-banking finance company (NBFC) Kinara Capital has raised INR1 billion ($14.3 million) from a group of investors including Gaja Capital, Gawa Capital, the Michael and Susan Dell Foundation, and US-based VC firm Patamar Capital (formerly Unitus...
Beidian, a Chinese membership-only social e-commerce website, has raised RMB860 million ($126 million) from a group including Hillhouse Capital and Sequoia China Capital.
Campfire, a Japanese crowdfunding platform operator, has raised a JPY2.2 billion ($20 million) Series C round with support from Global Brain and KDDI Corporation.
LeapFrog Investments has raised $700 million for its third fund with a view to investing in healthcare and financial services companies in emerging Asia and Africa. It initially targeted a corpus of $600 million.
Baijiahulian, a Chinese online education platform that provides after-school tutoring services for primary and secondary school students, has filed for a US IPO. The company’s backers include Gaorong Capital.
India's Blackbuck has gained traction with a digital platform that connects truckers with shippers. Achieving greater scale means convincing veteran fleet owners that the model can work for them
Hiscene, a China-based manufacturer of augmented reality (AR) glasses and communication systems that also goes by the name Liangfengtai, has raised RMB120 million ($17 million) in an extended Series B round of funding.
GoBear, an online financial products marketplace focused on young Asian consumers, has raised $80 million from its Netherlands-based sponsors Walvis Participaties and Aegon.
Chinese artificial intelligence (AI) developer Megvii Technology has raised $750 million in Series D funding led by Bank of China Group Investment. It brings the company’s valuation to around $4 billion.
Buy-and-build strategies, a mainstay of the PE toolkit in developed markets, are gaining exposure in emerging Asia’s healthcare sector. Proving a viable exit path will be the key to widespread adoption
China-based third-party car rental platform Zuzuche has received Series C funding from Qiming Venture Partners.
Indian health and fitness start-up CureFit has raised $75 million from a group of investors including Accel Partners, Kalaari Capital, and Chiratae Ventures.
Duiba, operator of a China-based interactive advertising platform and software-as-a-service (SaaS) management system for online businesses, traded flat on its Hong Kong debut, following an IPO of HK$766.2 million($97.6 million).
German financial services giant Allianz has committed $600 million to funds managed by GLP, a PE-owned warehouse operator based in Singapore, with a view to investing in logistics in China and Japan.
Chezhubang has found a way into China's fuel retail market with an app that helps drivers find the cheapest gas stations
Put options amount to threats seldom acted upon. By demanding that the chairman of Korea’s third-largest life insurer buy back their shares, a group of investors has taken Asian PE into uncharted territory
Brian Gu, vice chairman and president of Chinese electric vehicle manufacturer Xpeng, explains how the private equity-backed company is trying to stand out in a competitive and fast-changing market