Sectors
China's Alibaba to invest $200m in Snapchat - report
Alibaba Group plans to commit $200 million to US-based social network Snapchat.
Australia's IFM in $5.7b US toll road deal
Australian fund manager IFM Investors has agreed to pay $5.7 billion for a 66-year concession on a US toll road that crosses northern Indiana. It filed for bankruptcy last year due to heavy debts and low traffic volumes.
Lightspeed backs China's DaoCloud
Lightspeed China Partners has invested in DaoCloud, a Chinese cloud computing start-up.
Indonesia's IndoTrading receives $1.5m in Series A funding
Indonesian e-commerce portal IndoTrading has raised $1.5 million in a Series A round of funding led by OPT SEA, the Southeast Asian investment arm of Japanese e-marketing firm OPT.
VC-backed Flipkart acquires India's AdIQuity
Indian VC-backed e-commerce giant Flipkart has acquired AdIQuity, a domestic mobile ad network. Financial details of the transaction were not disclosed.
Hahn & Co-owned Cowell e Holdings files for Hong Kong IPO
Cowell e Holdings, a portfolio company of South Korea-based Hahn & Co. portfolio and a major supplier of camera modules used in Apple devices, has filed for an IPO in Hong Kong.
Korea's SMBA, IDG form $91m VC fund
IDG Capital Partners and South Korea's Small and Medium Business Administration have agreed to form a KRW100 billion ($91 million) VC fund that will help Korean businesses enter the China market.
CDH commits $22m to China's Zhongding Dairy Farming
CDH Investments has led a RMB400 million ($64 million) Series A round of funding for Zhongding Dairy Farming. Its individual commitment is RMB140 million.
China car-washing app raises $20m from Ping An VC
Ping An Ventures, a venture capital arm under Ping An Insurance, has provided $20 million in Series A funding for Exc118.com, a Chinese car-washing service mobile app.
IFC leads $10m round for India eye hospital chain
International Finance Corporation (IFC) has invested $5.5 million in Indian eye clinic chain Eye-Q Vision, leading a round of financing for the company worth $10 million.
Ola and TaxiForSure share a ride
Car ownership in India is very low; according to the country’s 2011 census, passenger vehicle penetration is just 4.9% overall and a mere 9% for urban areas. For a country of 1.3 billion, suffering from poor public transport, it means the demand for taxis...
KV driven by more than a sweet tooth
With incomes rising and tastes becoming more refined, Asia represents a growing market for luxury goods. Chocolate is no exception. While supply problems are partly responsible for a 30% increase in global cocoa prices over the last two years, the 60%...
The C2B segue: China used-car trading platforms
While private equity capital is pouring into China’s B2B online car-trading platforms, some investors claim to see more value in smaller scale but less-penetrated and higher-margin C2B space
Global ambitions: China targets Israel VC
Chinese corporates and financial investors are gravitating to Israel in their quest for high-end technology. This has buoyed local VC activity and more cross-border expansion is likely to follow
Customized solutions: LPs look beyond the blind pool
Boyu Capital and Hopu Investment Management both participated in a $2.5 billion investment in Singapore-listed warehouse developer Global Logistic Properties (GLP) last year, but the other consortium members arguably make for more interesting reading....
Kalaari invests $2.5m in India-based Codigami
Kalaari Capital has committed $2.5 million to Codigami, parent company of Indian social media manager app Crowdfire, in a Series A round of funding.
China launches $4.8b Silk Road ecology fund
China has launched its first private equity fund that aims to improve the ecological environment in neighboring countries and regions.
Japanese consortium buys US PE-backed juice maker
A consortium of Japanese investors has acquired Country Pure Foods, a US-based food service juice manufacturer, from US private equity firm Mistral Equity Partners.
Biopharma venture raises $7.3m from Korean investors
Korean healthcare-focused VC firm InterVest and tech-focused E&Investment have together invested $7.28 million in G-treeBNT, a Seoul-based diversified bio pharmaceutical business.
Chinese VC-backed hospital chain files for Hong Kong IPO
Pengai Hospital Management Group, a Chinese cosmetic surgery chain backed by CMHJ Partners, IDG Capital and TDR Capital, has filed for a Hong Kong IPO.
Kumho Asiana to buy back Korea bus unit from IBK, Kstone
IBK Capital and Kstone Partners are set to exit South Korea-based Kumho Buslines after domestic conglomerate Kumho Asiana Group said it would buy back its former subsidiary.
PEP to buy Kerry Group's Australian bakery unit
Australian GP Pacific Equity Partners (PEP) has agreed to acquire Pinnacle, the Sydney-headquartered bakery unit of Irish food giant Kerry Group.
Alibaba leads $60 million Series C1 round for Quixey
Alibaba Group has led a Series C1 round of funding worth $60 million for US app search engine Quixey, as the Chinese e-commerce giant continues to ramp up its presence in the US tech sector.
Qiming leads Series A for China medical research, translation provider
Qiming Venture Partners has led a Series A round of funding for MedSci, a Chinese clinical research and academic translation services online platform.