Sectors
India's KartRocket ups Series B by $2m
Indian e-commerce platform KartRocket has raised $2 million, adding to the company's Series B round announced in January.
Japan’s LifeRobotics raises $4.4m in Series A round
LifeRobotics, the developer of an industrial collaborative robot called Coro, has raised JPY500 million ($4.4 million) in Series A funding aimed at a marketing initiative and technological developments.
BlueRun leads $100m Series C for China's QingCloud
China-based cloud computing platform QingCloud has raised a $100 million Series C round led by existing investor BlueRun Ventures.
Accel leads $3m Series A round for India's Ninjacart
Accel Partners has led a $3 million Series A round for Indian business-to-business (B2B) online marketplace Ninjacart.
Malaysia's VC-backed PurelyB buys Singapore yoga portal
Malaysian health and wellness company PurelyB has acquired Singaporean yoga lifestyle website Stretch City.
Jafco, Voyage in $2.6m round for Japan's Repro
Japanese mobile analytics provider Repro has raised JPY300 million ($2.6 million) for a US expansion from investors including Jafco and Voyage Ventures.
Philippines-based PDS secures funding
Philippines-based mobile fintech start-up Pitaca Digital Services has raised a funding round managed by Carillion Partners, a boutique investment services and financial advisory company affiliated with Hong Kong-based Angeon Advisors.
Hallyu Ventures invests $13.8m in Korean coffee house
Singapore’s Hallyu Ventures will acquire a 38% stake in South Korean coffee shop operator Caffe Bene for a cash consideration of KRW16.6 billion ($13.8 million).
Philippines online pawn store secures VC funding
Manila-based online pawnshop PawnHero has raised an undisclosed amount of pre-Series A funding from a group of venture backers.
Alibaba buys Hong Kong-listed AGTech
Alibaba Group and its financial services affiliate Ant Financial have purchased Hong Kong-listed gaming technology company AGTech in a move aimed at expanding the target’s existing mobile and internet lottery businesses.
China VC-backed online campus store 8Dol raises $30m
8Dol.com, a Chinese campus O2O services provider backed by several VC investors, has raised an extended Series B round worth RMB200 million ($30 million) led by Longrich, a Chinese cosmetics company.
Advantage acquires Japan's Ishii Sports
Advantage Partners has acquired Tokyo-based outdoor sports equipment retailer Ishii Sports.
CHAMP PE backs Australian forex broker
CHAMP Private Equity has invested in Pepperstone, an Australian foreign exchange broker that facilitates more than $100 billion in transactions every month.
China's LeTV raises $153m for cloud-computing unit
LeTV Cloud, a cloud-computing service platform owned by Chinese online video company Leshi Internet Information & Technology (LeTV), has raised RMB1 billion ($153 million) from state-owned Chongqing Industrial Investment Fund.
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.