Sectors
SAIF, Accel commit $10m to Indian services marketplace
SAIF Partners and Accel Partners have together invested $10 million in India services marketplace UrbanClap.
Warburg Pincus consortium re-ups in Vincom Retail
A consortium led by Warburg Pincus has made a follow-on investment of about $100 million in Vietnam shopping mall operator Vincom Retail.
PE investors set for exit as RBL Bank files for IPO
Indian private lender RBL Bank plans to raise up to INR11 billion ($173 million) through an IPO, providing a full exit for Beacon India Private Equity and a partial exit for Gaja Capital and Capvent.
PE-backed Coffee Day targets $180m India IPO
Cafe Coffee Day, an Indian coffee shop and restaurant chain backed by KKR, New Silk Route Partners (NSR) and Standard Chartered Private Equity (SCPE), is seeking to raise up to INR11.5 billion ($180 million) through an India IPO.
Indonesia's Soetantyo family buys Icicle Holdings from PE
A company owned by the Soetantyo family, which has extensive interests in Indonesia’s food sector, has agreed to buy North America-based Icicle Holdings from PE firm Paine & Partners.
Carlyle to invest $120m in Shanghai ANE Logistics
The Carlyle Group has agreed to invest $120 million in Shanghai ANE Logistics, a Chinese logistics and courier services provider.
CHAMP PE to invest in Australian mining supplier Bradken
CHAMP Private Equity and Chilean conglomerate Sigdo Koppers have agreed to invest A$70 million ($54 million) in struggling Australian mining industry supplier Bradken. A merger of Bradken and Sigdo Koppers subsidiary Magotteaux Group is also under consideration....
Nokia Growth leads Series B for India's Indix
Nokia Growth Partners has led a $15 million Series B round for Indian cloud-based analytics start-up Indix. Existing investors Nexus Venture Partners and Avalon Ventures took part in the round as well.
Chinese tutor app Changingedu.com raises $100m
TAL Education Group, a US-listed K-12 after-school tutoring service provider, has led a $100 million Series C round for Changingedu.com, a China-based platform that connects private teachers with students.
Investors commit $347m to Australian wind farm
Partners Group has led a A$450 million ($347 million) investment in Australia's Ararat Wind Farm project, alongside General Electric (GE), Renewable Energy Systems (RES), and Canadian pension fund OPTrust.
VCs commit $20m to China logistics cloud solution provider
IDG Capital Partners, Matrix Partners and Yunqi Ventures have provided $20 million in Series A funding to Olymtech Corporation, a Chinese cloud solutions specialist that focuses on the logistics industry.
Morningside, IDG provide Series B round for China's AllMobilize
Morningside Technologies and IDG Capital Partners have invested in a Series B round of funding for AllMobilize, a Chinese start-up that helps companies create websites that are adaptive to mobile devices.
Maxpower gets debt, equity package from Standard Chartered PE
Standard Chartered Private Equity (SCPE) has re-upped in Indonesia-based distributed power specialist Maxpower Group, providing $60 million in equity and serving as joint lead arranger on a $222 million debt refinancing for the company.
SCPE commits $52m to L Capital-owned Crystal Jade
Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.
Sequoia, Kae lead round for India logistics marketplace
Sequoia Capital and Kae Capital have led a INR350 million ($5.5 million) Series A round for Indian online logistics marketplace Porter, with participation from three strategic angel investors.
Alibaba, Ant Financial form JV to invest in China's O2O service
Alibaba Group and its financial affiliate Ant Financial plan to invest nearly $1 billion in a joint venture that will tap into China’s local online-to-offline (O2O) services market, initially focusing on the food and beverage segment.
PE-backed Focus Media's backdoor listing encounters hurdles
Private equity-backed Focus Media’s planned $7 billion reverse merger with Shenzhen-listed Hongda New Material has encountered another setback following the resignation of Hongda's chairman in response to a probe by authorities.
CX set for partial exit as Matrix Cellular files for India IPO
Matrix Cellular, an Indian telecommunications company that caters to people traveling abroad, has filed for an IPO. This would allow a partial exit for private equity backer CX Partners.
Matrix, SAIF back India-based hotel start-up
Treebo, an Indian online budget hotel chain, has raised a $6 million Series A round led by Matrix Partners India and SAIF Partners.
Portfolio: Advantage Partners and Riraku
By undercutting its competition, massage salon Riraku was able access a broader segment of the domestic market. But achieving growth on a national scale required support from Advantage Partners
Deal focus: Qiming sees Tuhu as agent of disruption
When it comes to using technology to disrupt China’s auto industry, private equity and venture capital funding appears to have targeted almost every corner of the space.
Onshore IPOs and China VIEs: Replacement capital?
With Chinese entrepreneurs considering domestic IPOs, foreign VCs face the prospect of having to sell off investments in restricted industries. But the trend can only be sustained as long as valuations remain high
Carlyle commits $500m to South Asia energy platform
The Carlyle Group has committed $500 million to an upstream oil and gas start-up that will primarily focus on development and production opportunities in the Indian subcontinent.
KKR commits $70m to China education player Tarena
KKR has invested $70 million in Tarena International, a provider of professional education and training in China, forming a new partnership with a PE backer as existing investors trim their holdings.