Sectors
Deal focus: LeapFrog seals debut Indonesia deal
Indonesia's middle class is expected to jump from 70 million in 2012 to more than 140 million by 2020 – representing more than half of the country’s population – according to the Boston Consulting Group. Financial services should benefit from this expansion,...
Deal focus: A Sino-French solution to liver disease
Inner Mongolia FuRui Medical Science (FuRui) started out two decades ago as a pure-play drug manufacturer, but then it found its niche developing diagnostic equipment and treatment for liver disease. Looking to bring in overseas technology, it acquired...
CITIC Capital buys Japan apparel brand
CITIC Capital has acquired Japanese women's apparel company Mark Styler for an undisclosed sum.
PE-backed Numero Uno files for India IPO
Indian apparel retailer Numero Uno Clothing has filed for an IPO, hoping to raise INR650 million ($10 million) and providing a partial exit for its backer, AA Indian Development Capital Advisors.
Spring Capital's Vanzo merges with Shanghai-listed Kaile
Spring Capital has merged mobile handset manufacturer Vanzo Communication Technology with Shanghai-listed Hubei Kaile Science and Technology. This represents a liquidity event for the China-focused investor.
Warburg Pincus leads round for China designated driver service
Warburg Pincus has led a $100 million Series D round of funding for eDaijia, a Chinese mobile-based service that connects users with temporary drivers for their vehicles. Two existing investors, Matrix Partners China and Lightspeed China Partners, are...
Anthem invests in Myanmar mobile data collection platform
Myanmar-focused investor Anthem Asia has provided funding to Xavey, a local mobile data collection platform that works with groups conducting research and surveys.
Morning Crest leads $5.1m round for Australia's Airtasker
China's Morning Crest Capital has led a A$6.5 million ($5.1 million) investment in Australian local services marketplace Airtasker.
Deal focus: 2C2P plots regional expansion
Southeast Asia-focused payments provider 2C2P has made substantial progress in Myanmar over the last 12 months. It has introduced the country’s first mobile-based point-of-sale payment solution, issued prepaid cards that link to a mobile app, and launched...
China retail 2.0: The O2O effect
There are more than 2,500 retailers on Tmall, Alibaba Group’s business-to-consumer (B2C) e-commerce platform, claiming to sell products made by Chinese sportswear brand Li-Ning.
KKR-owned MMI completes $580m refinancing
MMI, a Singapore-based hard disk drive components manufacturer owned by KKR, has secured a $520 million term loan and a $60 million five-year secured revolving credit facility to refinance its outstanding debt.
NewMargin leads $200m round for China advertising platform
NewMargin Ventures has led a $200 million Series B round for Panshi Information Technology, valuing the Chinese digital marketing platform at $1 billion.
KKR makes partial exit from China's Far East Horizon
KKR has made a partial exit from Far East Horizon, a financial leasing company that is part of the Chinese trading conglomerate Sinochem Group.
Australian web design start-up Canva raises $6m
Canva, an Australian platform that allows amateur designers to create web graphics using drag-and-drop tools, has raised $6 million in a fresh round of funding led by existing investors Matrix Partners and Shasta Ventures.
Indonesia's Kudo gets Gree Ventures, East Ventures backing
Japan's Gree Ventures and East Ventures have led a undisclosed Series A round investment in Indonesian online-to-offline (O2O) e-commerce start-up Kudo.
Hua Capital, CITIC, Goldstone to buy OmniVision for $1.9b
A Chinese PE consortium comprising Hua Capital, CITIC Capital and Goldstone Investment have agreed to buy OmniVision Technologies, a US-listed chip maker for smart phones and tablet cameras, for $1.9 billion in cash.
IDG, Goldman back US bitcoin start-up's China expansion
IDG Capital Partners and Goldman Sachs have invested $50 million in US-based bitcoin start-up Circle with a few to funding its expansion into China.
China's Fosun to acquire remaining interest in Ironshore
China's Fosun International is seeking to fully acquire US insurer Ironshore, offering $1.8 billion for an 80% stake.
Ally Bridge supports WuXi PharmaTech take-private
WuXi PharmaTech, a China-based provider of contract R&D services to the global pharmaceutical sector, has received a take-private bid led by its founder and chairman and healthcare-focused PE firm Ally Bridge Group.
Bain-owned MYOB raises $652m in Australia IPO
Bain Capital-owned accounting software developer MYOB has raised A$833.1 million ($652 million) in its IPO, the largest private equity-backed offering in Australia since Healthscope in July of last year.
India's Fortis to sell Singapore unit for $83.5m
India's Fortis Healthcare will sell its Singapore-based diagnostics arm RadLink-Asia to Fullerton Healthcare Group for S$111 million ($83.5 million).
China VC firm Banyan closes $100m co-investment fund
Chinese venture capital firm Banyan Capital has closed its latest co-investment fund at $100 million, having spent just one month in the market.
Rocket's FoodPanda raises a further $100m
Goldman Sachs has led the latest funding round for Rocket Internet's emerging markets-focused food delivery app FoodPanda, netting the company $100 million.
VC-backed news app Gunosy sees modest gain after Tokyo IPO
Shares in Gunosy - a Japanese news app developer backed by the venture capital firm Jafco, telecoms company KDDI Corp. and B Dash Ventures - is up marginally on its IPO price after two days trading in Tokyo.