Sectors
CLSA makes partial exit from Japan's BC Ings
CLSA Capital Partners (CLSA CP) has made a partial exit from Japanese cram school operator BC Ings to a government-backed investment fund.
Asian GPs join $41m round for Wonder Workshop
Wonder Workshop, a US-based education robot maker with a strong presence in China, has raised a $41 million Series C round from a group of investors including Tencent Holdings, MindWorks Ventures and Softbank Korea.
Indonesia's Snapcart gets $10m Series A round
Vickers Venture Partners has led a $10 million Series A funding round for an international expansion push by Indonesian marketing data researcher Snapcart.
China Everbright, Walden launch semiconductor fund
China Everbright and venture capital firm Walden International Group have jointly launched a $500 million fund focused on semiconductors and industrial technology.
Warburg Pincus-backed Vincom Retail seals $709m Vietnam IPO
Warburg Pincus has secured its first partial exit in Southeast Asia after Vietnam-based shopping mall operator Vincom Retail raised VND16.1 trillion ($709 million) in its IPO.
KKR invests $74m in Indonesian bread producer
KKR has paid around $74 million for a 12.64% stake in Nippon Indosari Corpindo, an Indonesian bakery business backed by local conglomerate Salim Group and best known for the Sari Roti brand.
Deal focus: GPs boost Prenetics' Asia genetics effort
Beyond Ventures and Alibaba Group have led a funding round that will support the Asia expansion of Hong Kong-based genetics healthcare start-up Prenetics
Delphi acquires Singapore-focused NuTonomy for $450m
US-based automotive technology developer Delphi Automotive has acquired Singapore-focused VC-backed driverless car start-up NuTonomy for $450 million.
Hong Kong's Klook gets $60m Series C
Sequoia Capital China, Goldman Sachs and Matrix Partners have co-led a $60 million Series C funding round for Hong Kong-based travel services company Klook.
Toshiba shareholders approve $18b TMC sale to Bain consortium
The shareholders of Japanese conglomerate Toshiba Corporation have approved the sale of the company’s Nand flash memory unit Toshiba Memory Corporation (TMC) to a consortium led by Bain Capital for JPY2 trillion ($17.6 billion).
China's HighLight Capital closes Fund II at $250m
Chinese healthcare-focused GP HighLight Capital, which was set up by former CDH Investments executive Steven Wang, has closed its second US dollar-denominated fund at the hard cap of $250 million.
Deal focus: Vingoo to broaden its fresh offering
Chinese fresh orange juice vending machine maker Vingoo is planning national expansion with a Series B round led by Legend Capital and Joy Capital
Shaw Kwei acquires Singapore oil industry supplier for $50m
Shaw Kwei & Partners has agreed to acquire a 75.6% stake in Singapore-listed oil and gas industry equipment supplier Gaylin for S$68 million ($50 million).
GIP to buy Equis renewable energy portfolio for $5b
Global Infrastructure Partners (GIP) has agreed to acquire 100% of Equis Energy, a project platform of 180 assets under private equity investor Equis Funds Group, for $5 billion. It is said to be the world’s largest renewable energy generation acquisition...
Samsung, Ant Financial back China’s DeePhi Tech
Samsung Electronics and Ant Financial have jointly led a $40 million extended Series A round for DeePhi Tech, a Chinese artificial intelligence (AI) technology developer. China Merchants Venture Capital and China Growth Capital also took part.
PE-backed China online marketing player files for US IPO
China-based online digital marketing business iClick Interactive Asia, which is backed by Bertelsmann Asia Investments (BAI) and SSG Capital Partners, has filed for an IPO in the US.
Asian consortium to buy Australia's Real Pet Food from Quadrant
Hosen Capital, New Hope Group and Temasek Holdings have agreed to buy Australia-based Real Pet Food – a leading global producer of fresh chilled pet food – from Quadrant Private Equity at a valuation of A$1 billion ($773 million)
Deal focus: Hua Juan leverages celebrity selling power
China's Hua Juan plans to use a new investment led by Sinovation Ventures to grow its personality-based online advertising model
Home automation: Digital digs
Home automation has graduated from a hobbyist niche to a sprawling, multifaceted consumer market that mobilizes a suite of cutting-edge technologies. Asian investors are identifying the early entry points
CDPQ backs logistics expansion by Logos India
Caisse de dépôt et placement du Québec (CDPQ) is backing Australia-headquartered property company Logos’ expansion into Indian logistics projects.
Chinese financial products platform files for US IPO
Jianpu Technology, a wholly-owned subsidiary of Chinese VC-backed independent financial products search and recommendation platform Rong360, has filed for an IPO in the US.
China's VC-backed Xing Bian Li acquires industry peer
Shanghai-based Xing Bian Li, a VC-backed new retail company that integrates online and offline channels, has acquired industry counterpart 51 Snackbar.
US-Philippines blockchain player gets $16m Series B
A group of Asian and North American venture investors have backed a $16 million Series B round for Abra, a US financial technology company test marketing blockchain-based services in the Philippines.
Gaja part-exits India's John Distilleries to US trade buyer
Gaja Capital Partners sold part of its stake in Indian liquor producer John Distilleries (JDPL) to The Sazerac Company, a US-based distillery.