Navegar sees Great Deals E-commerce, a provider of delivery and digital services to traditional retailers in the Philippines, as a proxy for growth in online shopping
SBI Investment has launched a technology-focused VC fund, known as 4+5 Fund, with a target of JPY100 billion ($920 million).
CBC Group established biosimilars specialist AffaMed Therapeutics to remove uncertainties in the development process and to tap Chinese demand for affordable treatments
Morgan Stanley Private Equity Asia (MSPEA) has invested INR1.9 billion ($26.6 million) in Centrum Housing Finance (CHF), an Indian non-banking financial company (NBFC) that offers loans for affordable housing projects.
Joy Capital has announced its participation - as the lead investor - in an $88.3m funding round for Chinese community group buying platform Shihuituan, which is also known as Nice Tuan.
Brookfield Asset Management has offered to buy up to 40% of IndoStar Capital, an Indian non-banking financial company (NBFC) established by Everstone Group, for INR14.5 billion ($202 million).
The Asian Development Bank (ADB) has launched a VC arm focused on climate change-related technologies and women’s empowerment in the region.
Chinese genetic testing specialist Genskey raised an RMB50 million ($7.1m) extended Series B round of funding led by Shenzhen-based Fortune Capital. Existing investor Legend Capital re-upped.
Advantage Partners is set to make a partial exit from Kizuna Holdings Corporation, a Japanese funeral services business it acquired for around JPY2 billion ($18 million) in 2016, through an IPO.
Pacific Equity Partners set up Manuka Health for an Asia-focused chapter of growth with a three-year overhaul that contributed significantly to the transformation of an industry
Indian app-based lending start-up MoneyTap has raised $70 million in a Series B round led by Aquiline Technology Growth (ATG), RTP Global, and Sequoia India.
Japan’s TDK Corporation has made a VC commitment of undisclosed size in AutoFlightX, an electric air mobility company based in Germany with a significant China presence.
Integral Corporation has won management support for a tender offer for Japanese software development and IT consulting business Mamezou Holdings at a valuation of JPY34.4 billion ($316 million).
A corporate venture capital unit of India's JSW Steel is looking to raise INR3.5 billion ($50 million) for its second fund, with a first close scheduled within a fortnight.
Singapore’s GIC Private and Norway’s Norfund have acquired a combined 30% stake in Myanmar-based Yoma Bank for MMK130 billion ($88.7 million).
Australia’s Five V Capital has acquired Philippines business process outsourcing (BPO) player Beepo as a portfolio company bolt-on. It is the GP’s second such transaction this month.
Hong Kong-based multi-family office Raffles Family Office will invest $15 million in local co-working space operator WorkTech.
China would suffer the most immediate impact of a technology decoupling with the US, but both sides would be damaged in the long-term in the absence of remedial action
Indian B2B packaging marketplace Bizongo raised $30 million in a Series C round led by Schroder Adveq.
MasterCard has invested an undisclosed sum in Pine Labs, an Indian payments technology provider backed by PayPal, Temasek Holdings, and Sequoia Capital India.
Bain Capital has submitted a tender offer for Show Aircraft Industries, a Japanese manufacturer that specializes in paneling for aircraft interiors, that values the business at JPY90 billion ($824 million).
Philippines private equity firm Navegar has invested $12 million in local online retail industry services provider Great Deals E-commerce.
SEAF’s commitment to a farm-to-shop natural foods retailer highlights the idea that even sustainability-focused businesses may have room for improvement beneath the surface
CITIC Capital has launched a special purpose acquisition vehicle (SPAC) – or blank check company – on the New York Stock Exchange to pursue deals under its One Belt One Road (OBOR) strategy.