Princeton Digital Group, a Singapore-based data center developer backed by Warburg Pincus, has confirmed three project acquisitions across Asia as part of a $500 million regional expansion.
Sequoia Capital China has led an $82 million Series E round for Culture Amp, an Australian enterprise technology provider focused on human resources (HR).
Chinese early-stage investor Chuxin Capital has completed a $50 million first close on its debut US dollar-denominated fund.
Unison Capital achieves a rare feat in helping the Korea franchise of bubble tea retailer Gong Cha take over its Taiwanese parent before facilitating a sale to TA Associates. Entering Japan has been a key value-add
Temasek Holdings and EV Growth have led a $40 million Series D investment in Social Bella, an Indonesian online services provider for the beauty and lifestyle industry.
Indian B2B online marketplace Udaan has raised more than $300 million as part of an ongoing Series D round from investors including GGV Capital, Hillhouse Capital, and Silicon Valley-based Altimeter Capital.
Baidu spin-out Xiang He Capital draws on networks and experience from the corporate sphere to differentiate itself in China’s VC market. It has $425 million in dry powder to put this proposition to the test
Indian automotive conglomerate Mahindra & Mahindra has agreed to acquire an up to 55% stake in Meru Cab, a technology-enabled taxi company backed by True North.
Qiming Venture Partners has led a $30million Series C round for Huimei Technology, a Chinese developer of artificial intelligence-enabled (AI) medical solutions provider.
Caisse de dépôt et placement du Québec (CDPQ) has agreed to join Brookfield Asset Management in its buyout of Australian hospital operator Healthscope, taking a significant minority stake for a consideration of more than A$300 million ($202 million).
Chezhubang, a car fueling services app provider, has raised Series B funding of RMB450 million ($62.8 million), jointly led by China’s National Small Medium Development Fund and Oriental Fortune Capital.
China-based food and agriculture specialist Hosen Capital is looking to raise $750 million for its fourth fund.
Korea’s start-ups are internationalizing and becoming more technically advanced as the ecosystem matures. A rapidly multiplying flock of local VCs will have to do the same to keep up with them
VIG Partners has agreed to sell Korean parking management business HiParking to Humax, a consumer electronics manufacturer, for KRW170 billion ($141 million).
Plum, a China-based e-commerce platform that sells second-hand fashion brands has received $20 million in an extended Series B round led by Japanese internet company Recruit Holdings.
Steadview Capital has led a $14 million Series D round for Chargebee, a developer of a platform for online payments based in India and the US.
Indian online tutoring service Vedantu has raised $42 million in a Series C round led by Tiger Global Management and WestBridge Capital.
Northern Light Venture Capital (NLVC), SBCVC and Hotung Venture Group will exit Chinese online recruitment platform Dajie.com after Meitu agreed to buy a majority stake in the business. The valuation of $88.4 million represents a small premium to the...
Korean pop music is being used as a marketing tool for a long tail of consumers products and services. While investors are keen to leverage star power, they recognize it doesn’t last forever
HiFiBiO Therapeutics, a drug developer led by the former head of Asian cancer research at Sanofi, has completed a $67 million Series C funding round.
Superdata Software, a Chinese enterprise management software provider that has been backed by different IDG Capital entities for more than 20 years, has filed for an IPO in Hong Kong.
DSG Consumer Partners has reached a final close of $65 million on its third fund focused on early-stage consumer opportunities in India and Southeast Asia, beating its hard cap of $60 million.
Tencent has invested $125 million in Kuaikanmanhua, a China-based publishing platform for comics. This is the company’s fifth round of funding in four years.
Restaurant chains can potentially ride on the tailwinds generated by demand for Korean cultural exports, but strong execution is ultimately the key factor in overseas expansion