Sectors
Intel invests in China cloud communication service Gotye
Intel Capital, the corporate investment arm of the US chipmaker Intel Corp, has invested an undisclosed sum in Gotye.com, a Shanghai-based start-up that provides cloud communication technology solutions.
J-Star to exit healthcare firm HCM to Alshok Group
Japanese security firm Alshok Group has agreed to acquire Tokyo-based healthcare service provider HCM Corporation, paving an exit for mid-market GP J-Star.
Gree Ventures backs Japan marketing start-up
Japanese online marketing firm Somewrite has raised JPY100 million (about $1 million) from corporate venture capital arm Gree Ventures and other undisclosed investors.
China’s Xiaomi commits $14m to GPS firm Careland
Chinese VC-backed smart phone maker Xiaomi has invested RMB84 million ($14 million) in Careland Information System, a Shenzhen-based GPS mapping technology developer.
IDFC closes second India infrastructure fund at $900m
IDFC Alternatives has reached a final close on its second Indian core infrastructure fund of $900 million. LPs have also pledged significant additional capital for co-investment opportunities.
Japan's BrainWars app raises $2.8m in VC funding
East Ventures, Skyland Ventures, Genuine Startups and Line Ventures, the VC unit of messaging app firm Line Corp, have together invested JPY300 million ($2.8 million) in TransLimit, the Tokyo-based start-up behind social quiz app BrainWars.
China’s Baidu buys VC-backed Brazilian online discount site
Chinese search giant Baidu has bought a controlling stake in Brazil-based Peixe Urbano, an online discount platform that has received several rounds of VC funding, for an undisclosed sum.
Hony Capital acquires Shanghai Yangsi Hospital
Hony Capital has acquired Shanghai Yangsi Hospital, the largest privately-owned hospital in Shanghai. The deal size was not disclosed but it is said to amount to hundreds of millions of renminbi.
India solar developer gets $33m from Kotak Mahindra, EIB funds
Kotak Mahindra Group and European Investment Bank Group (EIB) have together committed INR2 billion ($32.7 million) to India Solar Energy Firm SolarArise India Projects.
SAIF Partners invest $13m in Indian jewelry chain
SAIF Partners has invested INR800 million ($13 million) in Senco Gold, an Indian jewelry retail chain.
Alibaba invests $50m in US TV remote app Peel
Alibaba Group, China's largest e-commerce player, has invested $50 million in Peel Technology, a California-based start-up that has developed a TV remote control mobile app.
Shares in Bain-backed Skylark fall on Tokyo debut
Shares in Skylark, the Japanese restaurant operator backed by Bain Capital, fell by nearly 4.8% on the first day of trading on the Tokyo Stock Exchange (TSE) following a JPY75.1 billion ($686.2 million) IPO.
Navis acquires Australian early education business
Navis Capital Partners has acquired a majority stake in Modern Star, an Australian B2B distributor of education resources to early childhood centres and schools, for an undisclosed amount.
China's CDH agrees Nanfu Battery carve-out from P&G
CDH Investments has agreed a buy Fujian Nanping Nanfu Battery, China’s leading manufacturer of alkaline batteries, from Procter & Gamble (P&G) in one of the largest PE corporate carve-outs ever seen in the country.
Sun Hung Kai invests in China P2P lending site Dianrong
Sun Hung Kai & Co.(SHK), a leading Hong Kong financial institution, has invested in a Series B round of funding for Chinese peer-to-peer (P2P) lending service Dianrong.
Japan's Mercari raises $22m Series C round
Mercari, the Japanese start-up behind the mobile flea market app of the same name, has raised JPY2.36 billion ($21.8 million) in Series C funding from World Innovation Lab (WiL) and existing investors Global Brain, Globis Capital Partners, GMO Venture...
MSPEA-backed Tianhe drops on resumption of trading
Morgan Stanley Private Equity Asia (MSPEA) portfolio company Tianhe Chemicals saw its stock drop 43% on resumption of trading in Hong Kong following allegations of fraud. Tianhe issued a lengthy rebuttal of the allegations, while simultaneously announcing...
CVC to raise $80m via Jintian Pharma share sale
CVC Capital Partners will raise HK$620 million ($80 million) through a block trade of shares in Jintian Pharmaceutical Group, a Chinese pharmaceutical retailer and distributor.
Foxconn VC invests $98m in Taiwan Mobile
Hongyang Venture Capital Investment, a corporate investment arm of electronics manufacturer Foxconn Technology Group, has invested NT$2.98 billion ($98 million) in local telecom operator Taiwan Mobile.
Singtel Innov8's Bao Bean joins SOS Ventures
William Bao Bean, formerly managing director with corporate venture unit Singtel Innov8, has joined SOS Ventures as its investment partner in China.
GIC leads $150m round for US e-commerce start-up Square - report
Singapore sovereign wealth fund GIC Private is said to have led a $150 million Series E round investment in US e-payments start-up Square.
Matrix India backs recruitment service GrownOut
Matrix Partners India has provided a first institutional round of funding for GrownOut, an online platform that helps companies identify potential recruits on the basis of referrals sourced via employees’ professional networks.
Portfolio: First Reserve and KrisEnergy
In backing oil and gas start-up KrisEnergy, First Reserve put its faith in a rare commodity in Southeast Asia – an independent team that knows where the plumb assets are and how to access them
Google Capital in debut China VC investment
Google's discomfort at the growing level of censorship imposed on US internet players by the Chinese authorities after 2008 saw the company withdraw from the M&A scene. There were no deals at all until last week, when Google Capital – a $300 million...