Sectors
China Modern Dairy buys KKR, CDH $245m JV stake
KKR and CDH Investments have agreed to sell their stake in Success Dairy to China Modern Dairy Holdings (CMDH) in exchange for $HK1.9 billion ($245 million) of CMDH stock.
Accel leads $10m Series B round for MySmartPrice
Accel Partners has led a $10 million Series B round for Indian online price comparison and discovery platform MySmartPrice. Helion Ventures also took part in the round.
Japan's Jafco invests $2.5m in traffic analytics tool
Japanese venture capital firm Jafco has invested JPY3 million ($2.5 million) in Wacul, a Tokyo-based start-up that offers website improvement consulting.
TPG leads Series C for China wealth management firm Sinowel
TPG Capital has led a $41 million Series C round of funding for Sinowel Enterprise Group, a Chinese third-party wealth management firm.
Taiwan's MediaTek commits $10m to new Walden Riverwood fund
Gaintech, a unit of Taiwanese fabless semiconductor producer MediaTek, has committed $10 million to the latest fund launched by early-stage tech venture capital firm Walden Riverwood Ventures.
Fosun Kinzon Capital leads $25m round for US StyleSeat
Fosun Kinzon Capital, the Silicon Valley-based VC arm of Chinese conglomerate Fosun International, has led a $25 million Series B round of funding for StyleSeat, a US-based beauty services booking app.
Singapore payment platform Fastacash raises Series B round
Asia-focused investment firm Rising Dragon Singapore has led a $15 million Series B round of funding for Fastacash, a Singapore-based social payments platform.
FountainVest leads $32m round for China healthcare app
FountainVest Partners has led a RMB200 million ($32 million) round of funding for Xingren.com, a Chinese mobile app for doctors to communicate with patients. Existing investors Sequoia Capital and Lightspeed China Partners also participated.
India call center software provider raises $5m Series A round
Indian call center software developer Ameyo has raised $5 million in Series A funding from PE firm Forum Synergies.
Goldman Sachs commits $10m to India's Azure
Goldman Sachs has invested INR650 million ($10 million) in Indian restaurant chain operator Azure Hospitality.
China's mobile advertising platform Mobvista raises $32m
Mobvista, a Chinese mobile content distribution platform, has raised RMB200 million ($32 million) in a Series B round of funding led by two industry funds managed by Haitong Kaiyuan Investment, the private equity arm of Haitong Securities.
KIC invests $100m in US pet supplies firm
South Korea's sovereign wealth fund KIC has invested $100 million in US-based pet supplies and services retail chain PetSmart as part of a takeover led by US private equity firm BC Partners.
Sovereign's Capital leads Series A for Indonesia's BerryKitchen
Indonesian online catering start-up BerryKitchen has raised a $1.25 million Series A round led by Sovereign's Capital, with participation by existing investor East Ventures.
LVMH acquires Singapore VC-backed beauty e-commerce start-up
Luxury goods conglomerate LVMH has acquired Luxola, a VC-backed beauty e-commerce start-up based in Singapore, for an undisclosed sum.
VC-backed PropertyGuru acquires eProperty Track
Singapore-based online real estate portal PropertyGuru, which recently raised funds from TPG Capital, Emtek Group and Square Peg Capital, has bought sales and marketing platform ePropertyTrack.
Shunwei raises $1b for third China VC fund
Shunwei Captial Partners, a Chinese VC firm set up by Lei Jun, the founder of mobile phone brand Xiaomi, has closed its third US dollar-denominated VC fund at $1 billion.
Accel, Dragoneer, IvyCap lead $16m round for online jeweler BlueStone
Indian online jewelry retailer BlueStone has raised INR100 million ($16 million) from a group of investors led by Accel Partners, IvyCap Ventures and Dragoneer Investments.
Tiger Global invests $20m in Indian news app News in Shorts
Tiger Global has committed $20 million in Series B funding to Indian news curating and redistribution platform News in Shorts.
Indian doctor search app Lybrate secures $10m
Tiger Global has led a $10.2 million Series B round investment in Indian doctor search app Lybrate.
Japan's Genesis Healthcare raises $5.1m from Founders Fund, Mitsui
US early stage investor Founders Fund and Japanese conglomerate Mitsui & Co have together invested JPY620 million ($5.1 million) in Genesis Healthcare, a Tokyo-based start-up that develops genetic testing kits, in exchange for a 6% stake.
Lei Jun, CEO offer to take China's YY private
YY, a VC-backed social networking platform in China, has received a take-private offer from its chairman Lei Jun and CEO David Li.
Sequoia exits Chinese luxury goods retailer Sparkle Roll
Sequoia Capital has sold its remaining stake in Sparkle Roll Group, a Hong Kong-listed Chinese retailer which sells branded luxury products such as cars, jewelry and wine, raising HK$120 million ($15 million).
Cathay Capital invests in European pharma firm Cenexi
Cathay Capital Private Equity has invested an undisclosed sum in Cenexi Group, a French pharmaceutical contract manufacturer.
Australia's PE-backed Nintex acquires US-based Drawloop
Nintex Group, an Australian software provider backed by TA Associates, has agreed to acquire Drawloop Technologies, a US-based software platform that offers automated document services.