Sectors
Naspers co-leads $210m round for India's Swiggy
Indian online food ordering and delivery platform Swiggy has raised a $210 million Series G round co-led by South African internet conglomerate Naspers and DST Global that reportedly values it at over $1.2 billion.
China's VIPKid raises $500m round
China-based English language learning platform operator VIPKid has received a $500 million funding round led by Sequoia Capital, Tencent Investment, Yunfeng Capital, and Coatue Management.
Amicus invests $10m in India's Wonderchef
Amicus Capital Partners has invested INR700 million ($10.3 million) in Indian cookware and kitchen appliances manufacturer Wonderchef.
VCs back $40m round for Korea's Fantom Foundation
Fantom Foundation, a Korean blockchain technology company, has received a $40 million funding round from a number of specialist investors, including US-based 8 Decimal Capital and Singapore’s Link VC.
Hong Kong biotech IPOs: Capital injection
The move to allow zero-revenue biotech companies to list in Hong Kong has spurred investor interest in healthcare. But valuations are high and success in this capital-intensive space is by no means guaranteed
Deal focus: Byton plans China luxury breakthrough
Legend Capital-backed Byton plans to pursue global expansion in the luxury electric car market with the help of a $500 million Series B round
PE-backed VCredit raises $152m in HK IPO
VCredit, a Chinese online consumer finance platform with private equity backers including TPG Growth, has raised HK$1.2 billion ($152 million) in its Hong Kong IPO.
Macquarie exits 80% stake in Australia wind farm
Macquarie Capital has exited an 80% holding in Australian wind farm project Lal Lal, with Canada-based Northleaf Capital Partners and UK-based Infrared Capital Partners each taking 40% stakes.
Ward Ferry, General Atlantic to join $109m round for India's IIFL Wealth
General Atlantic and Hong Kong-based PE firm Ward Ferry have agreed to join a INR7.5 billion ($109 million) investment in IIFL Wealth Management, a subsidiary of India’s IIFL Holdings.
Qiming leads $37m round for China's Alpha Biopharma
China’s Qiming Venture Partners has led a $37 million Series A investment in domestic biopharmaceutical start-up Alpha Biopharma.
Deal focus: Australia's Propeller reaches new heights
Australian big data start-up Propeller Aero raises $10 million round aimed at developing its aerial data analytics software
LP interview: Cbus' Kristian Fok
Recognizing that strong cash inflows were working against a solely outsourced manager strategy in the alternatives space, Australia’s Cbus picked its key asset classes and devised a direct solution
CITIC Capital makes $3.6b bid for China Biologic Products
CITIC Capital has submitted a take-private bid for China Biologic Products that values the US-listed biopharmaceutical developer at approximately $3.65 billion.
Korea's Viva Republica raises $40m
Singapore’s GIC Private and Sequoia Capital China have invested a combined $40 million in Korean financial technology company Viva Republica.
Japanese LPs value site visits with infrastructure managers
Japanese corporate pension funds are looking to increase their allocations to infrastructure, but they value the opportunity to visit managers before committing capital.
Creador-backed Vectus files India IPO
Vectus Industries, an India-based maker of water storage and piping products, has filed for an IPO that will provide a full exit for its private equity backer Creador.
SeaLink leads $29m round for Indian children's hospital
SeaLink Capital Partners has led a INR2 billion ($29 million) investment in Indian maternal and pediatric hospital chain Surya Children’s Medicare, providing an exit for OrbiMed Advisors.
Shunwei, DCM lead $65m round for China's Yaoshibang
Chinese B2B pharmaceutical trading and education platform Yaoshibang has received RMB420 million ($65 million) in Series C funding across two tranches.
China's Ono gets $16m Series A round
A group of VCs including China Growth Capital have agreed to invest $16 million in Ono, a China-based company that claims to be the creator of the first decentralized social network.
Singapore's M17 abandons US IPO
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has abandoned plans for a $60.1 million IPO in the US citing unspecified difficulties with some investors.
Oaktree-backed DDH1 makes Australian drilling bolt-on
DDH1, an Australian drilling company backed by Oaktree Capital Management, has acquired 100% of domestic counterpart Strike Drilling as part of a platform-based consolidation plan.
Blackstone agrees $1b exit from India's Intelenet
The Blackstone Group has agreed to sell India-based business process outsourcing (BPO) service provider Intelenet Global Services to French peer Teleperformance for $1 billion. It is the second time that Blackstone has exited the company through a trade...
Australia-listed Sirtex accepts CDH's $1.4b buyout offer
Australian medical device manufacturer Sirtex Medical has accepted a A$1.9 billion ($1.4 billion) buyout offer from China’s CDH Investments, pulling the plug on an earlier agreement with US-listed Varian Medical Systems.
TR gets 3.4x return on Flipkart, opens India office
TR Capital secured a 3.4x net return on its investment in Indian e-commerce giant Flipkart, having sold its stake in conjunction with Walmart’s acquisition of the business. The secondaries specialist announced the exit to coincide with the opening of...