Sectors
CHAMP, Yorkway to buy Australian quantity surveyor
CHAMP Ventures and Yorkway Equity Partners are set to buy a majority stake in Australian quantity surveying company BMT Tax Depreciation in a deal that values the business at around A$65 million ($50.3 million).
Investors pay big for India grocery exposure
The last year has seen an explosion of interest in India’s grocery delivery apps. Customers order food and other goods on their smart phones; the order goes to a buyer, who purchases the goods and then delivers them to the customer’s home. The approach...
Deal focus: Ninebot's innovation keeps it rolling
China's legendary traffic jams are a source of frustration to countless tourists and locals, not to mention a major cause of pollution. With studies putting the average speed of traffic in Beijing at 7.5 miles per hour, there is a clear opportunity for...
China crowdfunding: The madding crowd
With established Chinese companies, led by e-commerce giant JD.com, getting involved in equity crowdfunding, will these platforms gain traction as a financing channel for Chinese start-ups?
Investec Bank leads $84m round for China P2P lending site
South African-based Investec Bank has led an $84 million Series C round of funding for Jimubox, a Chinese peer-to-peer (P2P) online lending platform, with participation from Haitong Kaiyuan, a PE arm of Haitong Securities.
India's MakeMyTrip buys VC-backed Mygola
Indian travel site MakeMyTrip has acquired VC-backed travel planning startup Mygola.
Hony backs Hong Kong consortium bidding for TV channel
Chinese GP Hony Capital has joined a consortium led by David Chiu, chairman of Hong Kong-listed property developer Far East Consortium International, that is applying for a domestic free-to-air television license.
Singapore's TradeGecko receives NSI, Jungle backing
Singapore-based inventory management platform TradeGecko has raised a $6.5 million Series A round of funding led by NSI Ventures and existing investor Jungle Ventures.
Keytone leads $20m round for China auto service site
Keytone Ventures has led a $20 million Series A round of funding for Chemayi, a Chinese auto after-sales service platform.
Japan crowd translation start-up raises $5.4m
Japan's Recruit Holdings has led a $5.4 million Series C round of funding for crowdsourced translation company Gengo.
PE investors to participate in $645m China TCM placement
GIC Private, China Renaissance Capital Investment (CRCI) and GL Capital Group are among 26 investors subscribing to a HK$5 billion ($645 million) share placement by China Traditional Chinese Medicine (China TCM), intended to generate capital for acquisitions....
Fosun to support Cirque du Soleil's China expansion
Chinese conglomerate Fosun International and TPG Capital have together acquired Canadian circus entertainment company Cirque du Soleil with a view to growing the business in China.
KKR, Anchor buy controlling stake Korea's Ticket Monster
A consortium led by KKR and Anchor Equity Partners has agreed to buy a controlling stake in South Korean mobile e-commerce company Ticket Monster from US-listed Groupon for $360 million.
I Squared closes debut global infra fund at $3b
I Squared Capital, a private equity firm set up by former Morgan Stanley managers, has closed its first global infrastructure fund at $3 billion.
Brandon raises $154m for Australia life sciences fund
Australian life sciences-focused VC firm Brandon Capital has reached a A$200 million ($154 million) final close on its latest vehicle - the Medical Research Commercialisation Fund 3 (MRCF 3).
PE, Alibaba-backed Baozun to list in the US
Baozun, a Chinese e-commerce platform solutions provider, has filed for an IPO in the US. Backers include Alibaba Group, SoftBank Corporation, Goldman Sachs, Crescent Group, Infinity Group and New Access Capital.
India's Freshdesk raises $50m Series E from existing investors
Online customer support start-up Freshdesk has raised $50 million in Series E funding from existing investors Tiger Global Management, Google Capital and Accel Partners.
India classifieds platform raises $28m from GIC, Norwest
Singapore’s GIC Private has led a Series C round of funding worth INR1.75 billion ($28 million) for Sulekha.com, an India-based classifieds platform based in India. Existing investor Norwest Venture Partners (NVP) also participated.
India's Robosoft gets Series B round, spins out subsidiaries
Indian mobile app developer Robosoft will spin off its subsidiaries after receiving a INR740 million ($11.8 million) Series B round led by Ascent Capital, with participation by existing investor Kalaari Capital.
CBC leads $10m round for Chinese auto repair start-up Kalading
Chinese auto repair start-up Kalading has raised a $10 million Series A round led by CBC Capital. Existing investor Gobi Partners also participated, as did Geek Partners.
China's 58.com buys stake in VC-backed rival Ganji
US-listed Chinese classifieds site 58.com has agreed to buy a 43.2% stake in its domestic rival Ganji.com in a deal worth around $1.61 billion. It is part of a broader consolidation in China’s internet industry.
BlueRun commits $10m to China securities trading site
BlueRun Ventures has committed $10 million in a Series A round of funding to Mazhan.com, a Chinese online margin trading platform.
VC-backed Chinese credit card management app raises $50m
U51.com, a VC-backed credit card management mobile app, has raised $50 million from Shanghai-listed property developer Xinhu Zhongbao.
Temasek invests $151m in India's Glenmark Pharma
Singapore state-backed investment group Temasek Holdings has invested INR9.45 billion ($151 million) in India's Glenmark Pharma via a preferential allotment of shares.