Sectors
Equis launches SE Asia's largest solar project
Renewable energy-focused developer and investor Equis Funds Group has launched Southeast Asia's largest solar energy project in the Philippines.
India's Access buys network solutions provider Teleysia
Access Asset Managers has taken a controlling interest in Indian wireless telecom consultancy Teleysia Networks.
Guo Jin leads $15m round for China education platform
Guo Jin Capital, a Shenzhen-based early-stage VC firm, has led a RMB100 million ($15.3 million) Series B round for ABC360, an online English learning platform.
Warburg Pincus trims stake in China Biologic
Warburg Pincus has generated $425.7 million by selling an approximately 16% interest in US-listed biopharmaceuticals developer China Biologic Products.
Japan marketplace Mercari gets $74m Series D round
Japan’s Mitsui & Co has co-led a JPY8.4 billion ($74 million) Series D round of funding for smart phone peer-to-peer marketplace Mercari.
AION supports buyout of GE's India commercial lending business
GE Capital will sell its India commercial lending and leasing businesses to a consortium led by AION Capital Partners.
UK-based Blippar raises $54m for Asia expansion
Blippar, a UK-based developer of augmented reality, computer vision and artificial intelligence technology, has raised a $54 million Series D round to support its Asia expansion plans.
AID Partners to sell stake in HMV to Japan's World Innovation Lab
AID Partners is set for a partial exit from HMV’s Asia business after agreeing to sell an 18.37% stake in the music and movie retailer to Japan-based World Innovation Lab for $9 million.
Malaysia car sale platform raises $2m Series A round
Malaysian PE fund IdeaRiverRun has led a $2 million Series A round of funding for Carsome, a local car purchasing platform.
Investec backs Australia fintech investor H2 Ventures
Investec has acquired a stake in Australia-based financial technology investor H2 Ventures. It is part of a broader collaboration that will see Investec contribute to H2’s accelerator and early-stage investment program.
Indian e-commerce site Hopscotch secures $13m
Facebook co-founder Eduardo Saverin has led a $13 million Series C round of funding for a technological expansion of Hopscotch, an online retailer of baby and children’s products targeting Indian mothers.
INCJ leads $35m investment in Singapore's Astroscale
Singapore-based satellite services and space technology company Astroscale has secured up to $35 million in funding from VC investors including Innovation Network Corporation of Japan (INCJ) and Jafco.
Legend leads $30m round for China cloud services provider
Legend Capital has led a $30 million Series C round of funding for Haizhi, a China-based cloud computing service provider.
Riverside-backed MNX in Singapore bolt-on acquisition
The Riverside Company has completed the bolt-on acquisition of Singapore-based Aero Express Logistics (AEL) to its global transportation and logistics platform MNX Global Logistics.
CPPIB ups stake in India's Kotak Mahindra Bank
Canada Pension Plan Investment Board (CPPIB) has invested INR11.5 billion ($170 million) in India's Kotak Mahindra Bank, picking up a stake held by Japan's Sumitomo Mitsui Banking Corporation.
Corporate VC in China healthcare: Formula for success
Despite the rapid growth of the Chinese pharmaceutical industry, corporate venture capital so far has not built a large presence. Industry participants say this shows the market, though booming, is still immature
Q&A: BHR Partners' Jonathan Li & Xin Wang
BHR Partners was set up as an extension of Bohai Industrial Investment Fund to support Chinese companies going overseas. CEO Jonathan Li and Managing Partner Xin Wang explain the strategy
China cross-border industrial buyouts: Strategic rationale
Chinese outbound investment in advanced technology assets is soaring, but the patchy nature of deal flow underlines the gulf in class between those that aspire to do deals and those that get them done
Kings of content: Investors target China media
From Alibaba Group to Wanda Group, Chinese companies are looking to tighten their hold on the media value chain, moving upstream and downstream. Private equity can profit from this evolving ecosystem
China cloud technology start-up Transwarp secures $24m
Transwarp Technology, a Chinese big-data technology developer, has raised a RMB155 million ($24 million) Series B round of funding from domestic investors including Shanghai Real Power Emerging Industry Funds and Shenzhen Capital Group.
CalPERS sells $127m stake in India's Axis Bank
California Public Employees' Retirement System (CalPERS) has sold a stake in India’s Axis Bank worth about INR8.7 billion ($127 million) to Genesis Indian Investment Company.
Blue Sky-backed Alcidion lists in Australia
Blue Sky Alternative Investments-backed healthcare technology company Alcidion has listed in Australia with a A$2 million ($1.4 million) IPO priced at A$0.03 a share.
BanyanTree invests $9m in India's Safex Chemicals
BanyanTree Finance has invested INR600 million ($9 million) in New Delhi-based farming pesticides and agrochemicals manufacturer Safex Chemicals.
Telstra backs Monk's Hill Southeast Asia fund
Australia’s Telstra Ventures has made an LP commitment to Singapore-based Monk's Hill Ventures' debut Southeast Asia fund - which is targeting S$100 million ($80 million) - as part of an ongoing pivot to Asian venture capital.