Singapore’s GIC Private has agreed to invest INR50 billion ($713 million) in India-based telecommunications provider Bharti Airtel.
MagicStone Alternative Investments (MSA) has reached a first close of $200 million on its second venture capital fund, which will focus on technology companies in China.
Ruhan, an internet celebrity incubator backed by Legend Capital that is said to be the largest business of its kind by revenue in China, has filed to list on NASDAQ.
Quona Capital has led a INR900 million ($12.8 million) investment in Indian microlending platform operator SMECorner.
Singapore-based 90 Seconds raises $20 million to expand its online video production networking marketplace
Google brings technological expertise as well as financial backing to its investment in Vietnam-based English education provider Elsa
Southeast Asian ride-hailing and online-to-offline (O2O) services platform Grab has secured a $1.46 billion investment from SoftBank Vision Fund. The commitment brings the capital raised in its ongoing Series H to over $4.5 billion.
The Carlyle Group and Fosun International have joined a INR29 billion ($415 million) Series F round for Indian e-commerce logistics services provider Delhivery led by SoftBank Vision Fund.
Fujian Zongteng Network, a provider of overseas storage and transportation services for Chinese e-commerce players, has raised a RMB700 million ($104 million) round led by GLP and Cathay Capital.
True North realizes a two-year goal with the acquisition of a controlling stake in Indian health insurance provider Max Bupa
Leveraging the online and offline infrastructure of its parent’s P2P lending platform, CreditEase Wealth Management has built a channel for Chinese high net worth money to enter private equity
Hong Kong-based online logistics platform Lalamove raises a $300 million Series D round to pursue expansion in Southeast Asia and India
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest INR18 billion ($255 million) in ECL Finance, a non-banking finance company (NBFC) owned by India’s Edelweiss Group.
KKR-owned hospitality venue operator AVC has agreed to invest A$200 million ($141 million) in a joint venture with the liquor business of Australia supermarket Coles.
A host of Chinese community e-commerce start-ups want to replicate the group-buying might of Meituan-Dianping and the social media savvy of Pinduoduo. They are getting capital, but can they achieve scale?
US-based enterprise software giant Salesforce has launched a $50 million venture capital fund focused on Australian technology start-ups.
As the US overhauls its development finance institution in response to China’s growing infrastructure investment, the PE industry is preparing for a world in which politics goes hand-in-hand with capital
China and US-based startup Kolmostar, which provides positioning technology such as GPS for internet-of-things (IoT) devices and autonomous vehicles, has raised $10 million in a new round of funding led by AB Initio Capital Management.
Fadada, a China-based electronic contract services provider, has raised RMB389 million ($59 million) in a Series C round of funding led by Tiger Global Management and Tencent Holdings.
Astra International, an Indonesian conglomerate that controls the country’s largest automotive distributor, has agreed to invest $100 million in the first tranche of a Series F round for ride-hailing and delivery platform Go-Jek.
Singapore-based United Overseas Bank (UOB) has led a $65 million Series B round for Indonesian healthcare technology provider Halodoc.
Hillhouse Capital has led a RMB180 million ($27 million) Series B round for Chinese smart recruitment solutions provider Moka.
Tiger Global Management and Matrix Partners India have co-led a INR4 billion ($56.3 million) investment in an independent electric vehicle (EV) company spun out from Indian ride-hailing platform Ola.
The Carlyle Group has acquired a 9% stake in India-listed life insurance company SBI Life for INR46.4 billion ($653 million).