Sectors
GrabTaxi's scale proposition
Two tears ago, Anthony tan was pitching taxi fleets in Kuala Lumpur. His idea for a mobile phone app that could be used to make taxi bookings came runner-up in Harvard Business School's (HBS) 2011 business plan contest. Turning it into a reality was proving...
Portfolio: CHAMP Ventures and H-E Parts
CHAMP Ventures invested in H-E Parts to support expansion in Australia. As the only independent after-market parts provider of scale, the company is targeting miners that want to reduce their maintenance costs
The food thesis
Food has and continues to be one of the more compelling investment theses for private equity in China. The first phase of the consumer story was leveraging the emergence of discretionary consumption - households with sufficient income to choose one brand...
China VCs cautious on strategic capital – AVCJ Forum
Trade sales to Chinese internet giants represent an alternative exit route for traditional venture capital players, but buyers must have a clear roadmap for developing the portfolio companies, VC investors told the AVCJ China Forum.
MSPEA wins approval for Yongye take-private
A take-private bid for Chinese nutrients company Yongye International, supported by Morgan Stanley Private Equity Asia (MSPEA), has won shareholder approval. The NASDAQ-listed firm is now set to de-list.
Cyberagent leads Series A for 3D printing start-up
Cyberagent Venture, the corporate VC arm of internet firm Cyberagent, has led a $2 million Series A round of investment in Japanese 3D printing service Kabuku.
Next-backed Hirepool confirms IPO plans
Hirepool, a New Zealand equipment rental business backed by Next Capital, has confirmed its plans for an IPO.
Inspire Ventures leads $10m round for Thailand's aCommerce
Inspire Ventures has led a $10.7 million Series A round of funding for aCommerce, a Thailand-based e-commerce services provider.
China's Capital Today targets evergreen fund
China-focused private equity firm Capital Today is seeking to raise an “evergreen” fund with an lifespan far longer than the industry standard 10 years, whereby funds usually enter the exit phase in year three.
Greater Pacific in $12m part exit from India's Edelweiss
Greater Pacific Capital (GPC) has sold part of its stake in India's Edelweiss Financial Service for INR707 million ($12 million) via an open market transaction.
China's CNEI in health products play
China New Enterprise Investment (CNEI) has invested $10.5 million Qinghai Weide Special Sugar (Weide), a Chinese producer of nutritional additives.
Yunfeng, CITIC PE seal $320m China dairy investment
Yunfeng Capital and CITIC Private Equity have agreed to invest at least RMB2 billion ($320.5 million) in an unlisted farming subsidiary of Chinese dairy producer Inner Mongolia Yili Industrial Group.
KDDI invests $1m in Japan handiwork marketplace
KDDI Open Innovation Fund, the early-stage investment vehicle backed by Japanese telecoms giant KDDI, has invested JPY100 million ($1 million) in Creema, an online consumer-to-consumer (C2C) market for handmade items.
IDG leads $20m Series B for China's Dew Mobile
IDG Capital Partners has led a $20 million Series B round of investment in DewMobile, the Chinese start-up behind file transfer app Zapya.
China menstruation-tracking app gets $30m Series C round
Ceyuan Ventures has led a $30 million Series C round of investment in Dayima.com, a Chinese menstruation cycle-tracking mobile app.
GenNext leads Series B round for India's Covacsis
GenNext Ventures - the VC arm of Reliance Industries - has led a Series B round of investment in India-based enterprise software developer Covacsis Technologies.
PE consortium to build hog farms with China’s COFCO Meat
KKR, Baring Private Equity Asia, Hopu Investments and Boyu Capital will invest in COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group, to develop hog farms and meat processing plants.
Morningside, Qiming invest $15m in China social networking app
Morningside Technologies and Qiming Venture Partners have committed $15 million in Series A funding to Inbilin, a Chinese voice call social networking app.
L Capital adds ex-Reliance Retail CEO to advisory board
L Capital Asia, a PE firm backed by luxury goods conglomerate LVMH, has added Bijou Kurien, former CEO India's Reliance Retail, as a member of the strategic advisory board.
Quadrant makes partial exit as iSentia IPO raises $264m
Shares in Australian media monitoring company iSentia gained nearly 20% on their trading debut after a A$283.6 million ($264.6 million) IPO facilitated a partial exit by Quadrant Private Equity.
KKR buys Korean commercial property
KKR has teamed up with Hong Kong-based hedge fund LIM Advisors to acquire a commercial property in Seoul’s central business district. It is the private equity firm’s first real estate deal in South Korea.
JD Capital, co-investors back China hair accessories maker
China’s JD Capital has invested RMB$60 million ($10 million) in a Series A round of funding for Cheeris, a Guangzhou-based hair accessories maker. The investment was made both from its renminbi and US dollar-denominated vehicles.
IDG invests $20m in China file transfer app
IDG Capital Partners has committed $20 million in Series B funding to Zapya, a Chinese file transfer mobile app.
India VC Reservoir reaches first close on maiden fund
India early stage investor Reservoir Investment Managers has reached a first close on its maiden fund, Exfinity Technology Fund - Series I (ETF-I).