Sectors
China Life invests $600m in Didi Chuxing
China’s leading ride-hailing app operator Didi Chuxing has received about $600 million from China Life Insurance as part of its latest fundraising effort.
Australia's Starfish in $17.5m China push for US marketing company
Australian VC firm Starfish Ventures has joined a $17.5 million round for Aktana, a US and Japan-based marketing services provider looking to consolidate its Asian footprint.
China Online Education slips on trading debut, VCs re-up
VC-backed China Online Education Group closed marginally below its offering price on the first day of trading on the New York Stock Exchange, following an IPO worth $45.6 million. Existing backers Sequoia Capital and DCM concurrently committed an additional...
AGIC to buy Italian robotics manufacturer
China-Europe cross-border private equity firm AGIC Capital has acquired a large majority stake in Gimatic, an Italian robotics supplier planning an Asian expansion.
Microsoft, Salesforce lead $23m round for India's Helpshift
Microsoft Ventures and Salesforce Ventures have led a $23 million Series B round for Indian customer service platform Helpshift.
IKang chairman, Meinian withdraw take-private bids
Ligang Zhang, founder and CEO of US-listed Chinese company iKang Healthcare Group, and a consortium led by Meinian Onehealth Healthcare Group, have withdrawn their privatization proposals for iKang after the company received a new offer from Yunfeng Capital.
Japan's Midokura raises $20m Series B
Japan and US-based software network virtualization company Midokura has raised a $20.4 million Series B round from investors including the Innovation Network Corporation of Japan (INCJ).
KKR invests $81.2m in Indonesia's Japfa
KKR has made its first PE investment in Indonesia by acquiring a 10.4% stake in agri-food company Japfa Comfeed for $81.2 million.
Sequoia-led consortium forms China JV with WME-IMG
A consortium led by Sequoia Capital has created a joint venture (JV) with US-based talent and event management firm WME-IMG to develop sports and entertainment businesses in China.
Navis acquires Macau-based ISA Industrial
Navis Capital Partners has agreed to acquire a controlling stake in Macau-based footwear component supplier ISA Industrial.
Australia's Laguna Bay reaches $208m first close on agri fund
Australian agriculture fund manager Laguna Bay Pastoral Company has reached a first close of A$280 million ($208.5 million) on its second investment vehicle for institutional investors.
iSigma acquires Japan cybersecurity company
ISigma, a mid-size buyout firm controlled by Japanese trading and investment conglomerate Marubeni, has acquired domestic cybersecurity platform provider VarioSecure.
EQT exits Modern Metal to China’s JD Capital
EQT Partners has exited Modern Metal & Precision, a Chinese aluminum die casting manufacturer, to China-based private equity firm JD Capital.
Q&A: Maison Capital's Roger Wu
Roger Wu, a partner at Maison Capital – an early mover in China’s renminbi fund space – explains the firm’s systematic approach to identifying investment trends before of the competition, and valuations, heat up
Temasek issues bonds backed by PE fund interests
A unit of Singapore government-backed investment group Temasek has issued $504 million in bonds backed by 34 private equity funds.
India's GIC-backed Greenko raises $230m
Greenko Energy Holdings, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $230 million from GIC and the Abu Dhabi Investment Authority (ADIA).
Deal focus: PE targets China’s gay community
Vision Knight Capital invests in Chinese gay social app Blued to leverage customer loyalty
Deal focus: Longreach’s fast-track Japan burger play
Longreach invests in Wendy's Japan to build greater synergies with homegrown franchises
Worlds apart: Virtual and augmented reality
Virtual reality is closer to mainstream acceptance than ever before, while augmented reality presents considerable potential – but financial returns will not come quickly and investors must show patience
China's Suning buys 70% stake in football giant Inter Milan
Chinese electronics retailer Suning has invested EUR270 million ($306.5 million) in a 70% stake in Italian football team FC Internazionale Milano (Inter Milan).
Tencent, PAG join $300m investment in China's Bitauto
Tencent Holdings and PAG have participated in a $300 million investment in US-listed Bitauto, an online marketing services company targeting China’s automotive industry.
Yunfeng joins the battle for US-listed iKang
Chinese healthcare services provider iKang Healthcare Group, which became the take-private target of a string of PE and strategic investors, has received a new competing bid from Yunfeng Capital.
VC-backed KFit to acquire Groupon Indonesia
Malaysia-based gym membership app KFit, which is supported by Sequoia Capital and Venturra Capital, has agreed to acquire Groupon’s Indonesia business.
IFC to invest $50m in India's Janalakshmi
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $50 million in Indian microfinance institution (MFI) Janalakshmi Financial Services.