Sectors
Indonesian gas power plant developer gets new funding
Indonesia Infrastructure Finance - a vehicle owned by the Indonesian government and several development finance institutions (DFIs) - has invested $12.5 million into a subsidiary of gas power plant developer Maxpower.
KDDI joins corporates to launch incubator
Japanese telecoms giant KDDI will partner with 13 other corporates to create a start-up incubator targeting internet-related businesses.
PE firms circle CHAMP-backed Lorna Jane - report
Bain Capital and Advent international are said to be among the potential buyers for Lorna Jane, an Australian women's fitness and leisure apparel company backed by CHAMP Ventures.
Investors eye liquidity as WH Group revives HK IPO
Private equity-backed Chinese pork processor WH Group is once again seeking to list in Hong Kong, three months after a HK$41 billion ($5.3 billion) IPO was scrapped.
Steadview, Sequoia lead $41m round for India's Olacabs
Indian online taxi-booking and car rental platform Olacabs has raised INR2.5 billion ($41.8 million) through a Series C round of funding led by Sequoia Capital and Hong Kong-based hedge fund Steadview Capital.
Chinese stationery firm launches PE fund
Shenzhen Comix Stationery, a Shenzhen-listed stationery manufacturer, has won approval to launch a PE fund, which will be managed by Hejun Consulting.
PE-backed Universal Studios Japan targets IPO - report
Universal Studios Japan (USJ) - a theme park operator backed by Goldman Sachs, PAG, MBK Partners and US hedge fund Owl Creek - is looking to list on the Tokyo Stock Exchange.
India lays ground for real estate investment trust roll-out
India’s long-awaited real estate investments trusts (REITs) inched closer to reality as the government offered clarification on the tax status of the structures.
Japan's Gree leads $4.5m round for HotelQuickly
Japanese tech giant Gree has led a $4.5 million Series A-1 round of funding for HotelQickly, a Hong Kong-headquartered last-minute hotel booking platform.
SCPE backs China property joint venture
Standard Chartered Private Equity (SCPE) has led a $124 million financing round for a mixed-used commercial property development project in China.
KKR, PEP to make joint bid for Australia's Sai Global - report
KKR will reportedly team up with Australian private equity firm Pacific Equity Partners (PEP) to bid for risk management and standards compliance business SAI Global.
PE-backed Mobile World sets terms for Vietnam IPO
Mobile World, a Vietnamese mobile phone retailer backed by Mekong Capital and CDH Investments, has set terms for a stock market listing that will value the business at $200 million or more.
Everstone, Fidelity exit Transpole to Japan's SBS
Everstone Capital and Fidelity Growth Partners will exit Transpole Logisitcs as Japan's SBS Group agreed to acquire a majority stake in the Indian company for an undisclosed amount.
INCJ, Fidelity in $24m round for cloud storage provider
Innovation Network Corporation of Japan (INCJ and Fidelity Growth Partners have taken part in $24 million round for US-based Cloudian, a hybrid cloud storage solutions provider.
Singapore start-ups: Touching greatness
At least four Singapore-headquartered start-ups have four years of operations behind them and are worth at least $100 million. Which businesses have the skill and scale to be the next big thing?
GGV leads $10m round for gamer-focused networking platform
Sino-US VC firm GGV Capital has led a $10 million Series B round funding for Curse, a US-based social networking platform that targets online gamers.
India app developer platform gets Series A round
Pokkt, an Indian alternative monetization platform for mobile app developers, has secured $2.5 million in Series A funding from Singapore-based Jafco Asia and SingTel’s corporate VC arm Innov8.
Standard Chartered PE commits $83m to Indian power business
Standard Chartered Private Equity (SCPE) will invest INR5 billion ($83 million) in the power grid subisiary of Sterlite Technologies, a listed Indian transmission solutions provider for the telecom and power industries.
Navis acquires Singapore oil and gas components maker
Navis Capital Partners has acquired a majority stake in Tri-Star Industries, a Singapore-headquartered component manufacturer for the oil and gas sector. AVCJ understands the deal is worth $50-100 million.
Horizons Ventures joins round for reputation site Traity
Horizons Ventures, a VC business owned by Hong Kong billionaire Li Ka-Shing, has participated in a $4.7 million Series A round for shopping-based social platform Traity.
Goldman Sachs leads $400m investment in Korean gas producer
A Goldman Sachs-led consortium has acquired a controlling stake in the industrial gas business of South Korean conglomerate Daesung Group for $400 million, including $200 million in convertible bonds.
WiL leads $50m round for Japan gaming start-up
Silicon-Valley based Japanese early-stage investor World Innovation Lab (WiL) has a led a JPY5 billion ($49 million) round of funding for Tokyo-based gaming company Gumi.
VC-backed Japan lunch delivery site raises $27m
Japan's Star Festival, the VC-backed start-up behind lunchbox delivery and catering site Gochikuru.com has raised JPY2.8 billion ($27.4 million) from strategic investor Askul, one of the country's largest office supply mail-order companies.
Chinese image-sharing app Nice raises $20m
Nice, a Chinese brand-tagging social mobile app, has secured $20 million in a Series B round of financing led by H Capital, with participation from VY Capital, Matrix Partners and Morningside Technologies.